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 »

Embattled Sauber could have its engine power switched off permanently on the day after the forthcoming Hungarian grand prix. Germany’s Die Welt newspaper reports that... read more »

A Mercedes W196 driven by five-time Formula One world champion Juan Manuel Fangio during the 1954 season has been sold for $26.4 million (£17.5 million) at an auction... read more »

The Sao Paulo government has taken the first step in upgrading the Interlagos circuit by opening up a tender process to local construction companies. The city is at risk of... read more »

A Mercedes W196 put up for Auction on Friday has sold for a record breaking £17.5 million ($26.5m) at the Goodwood Festival of Speed. The 1954 Mercedes - driven by... read more »

The depths of Sauber’s financial problems are now beginning to emerge. The Swiss business newspaper Handeslzeitung reports that dozens of unpaid suppliers to the... read more »

A rare Mercedes W196 driven by five-time world champion Juan Manuel Fangio, will be auctioned off at the Goodwood Festival of Speed and is expected to fetch more than... read more »

Bernie Ecclestone has reportedly waived the hosting fee he charges the organisers of the German Grand Prix so the race can go ahead at the financially strained Nurburgring. The... read more »

Marussia are currently without a commercial deal with Bernie Ecclestone - the only team on the grid in such a position - and chief executive Graeme Lowdon believes they're... read more »

Marussia has asked Bernie Ecclestone, CEO of Formula One Management, for a more "level playing field" in terms of the way the sport’s prize money is... read more »

Fernando Alonso is the best paid F1 driver, according to the latest Forbes Highest-Paid Athletes list. The Spaniard apparently earns $30 million a year, of which $28m is from... read more »

Singapore Grand Prix organisers have announced that Rihanna is to headline this year's race day concert. The Barbadian recording artist, who has sold more than 41... read more »