Lotus team principal Eric Boullier has confirmed he has spoken with Pastor Maldonado about the vacant seat at the Enstone team and says the discussions are ongoing. It was... read more »

Monisha Kaltenborn has admitted she recently met with Vitaly Petrov. It emerged on Thursday that Russian Petrov, reportedly with EUR 30 million in Gazprom sponsorship in his... read more »

The Formula 1 Drivers' Championship trophy will be showcased at Ascot Racecourse this weekend, as part of a one-day public display worth over one million pounds. read more »

Mark Webber has warned Formula 1 that it risks losing its status as the pinnacle of motorsport if continues down its current trend of hiring pay drivers and racing in countries... read more »

The Marussia Formula One team's owners are planning to clear its debts heading into 2014 after the outfit racked up a £57.6 million loss last year read more »

Bernie Ecclestone has reportedly handed over an estimated £170 million to the FIA in order to secure the recently announced Concorde Agreement... read more »

German prosecutors have chosen to delay the decision as to whether or not Bernie Ecclestone will face a trial for suspected bribery charges. The 82-year-old was set to stand... read more »

Red Bull has Infiniti, Mercedes has Petronas, McLaren has Vodafone...the list goes on. Yet Lotus has yet to sign a title sponsor despite now being classed a 'top'... read more »

The British Racing Drivers’ Club (BRDC) has confirmed it has agreed a deal to lease the land around the Silverstone circuit to British developer MEPC. The 999-year... read more »

Fernando Alonso has emerged as clearly the highest earning driver in the entire world of motor racing. The authoritative business magazine Forbes said the Ferrari driver earns... read more »

At least for now, team owner Gerard Lopez insists he is committed to Formula One. In the past weeks, he has consistently played down the importance of the confirmed news that... read more »

Ferrari F1 team driver Fernando Alonso and his sponsors are one step away to become team owner of the Euskaltel Euskadi Team for an amount of 6 million Euros. This means that... read more »

Michael Schumacher has extended his multi-million Euro personal sponsorship deal with DVAG for another seven years.     read more »

The proposed Grand Prix of America could still happen according to Bernie Ecclestone who confirmed their contract remains in place, despite earlier claiming the race was off.... read more »

Team owner Gerard Lopez on Saturday played down reports of financial strife at Lotus. Reportedly in debt to the tune of EUR 120 million, behind in payments to lead driver Kimi... read more »

The media is awash with reports that Sauber's Russian backing is on the brink of collapse, and therefore the team is faced with being sold or closing its doors. The Swiss... read more »

Reports of a continuing financial crisis at Sauber are continuing to emerge. With the Swiss team’s Russian saviour deal still waiting to be finalised, Bild am Sonntag... read more »

Lotus team co-owner Gerard Lopez has hit back at claims the outfit is in financial crisis after reports suggested the team has debts of over £103 million... read more »

Troubling signs of financial weakness are emerging from Lotus. The authoritative German website motorsport-total reports that, although in the hunt for the 2013 title, the... read more »

Toro Rosso team boss Franz Tost has revealed that F1 teams face a "15, 20 million" increase in costs next season... read more »

Media reports on Sunday have suggested that the $305 million bailout of Sauber F1 by Russian investors won't happen unless and until Sergei Sirotkin gets his F1... read more »

The group that owns and operates F1 motor racing made a profit of 305 million in 2012, but paid the UK government just 1 million in tax according to a prospectus for the... read more »

Formula One pays under £1 million in UK tax on profits of over £300 million according to a report in the Independent read more »

Red Bull's Dietrich Mateschitz has denied that he has received any special discount from Bernie Ecclestone after it was announced that Formula 1 would return to Austria... read more »

German prosecutors have charged Bernie Ecclestone over claims he bribed German banker Gerhard Gribkowsky following the sale of Formula 1 to CVC. The 82-year-old admitted to... read more »