Sep.12 (GMM) Fabio Leimer could be a formula one race rookie in 2012. The Sonntagsblick newspaper reports that the 22-year-old Swiss' career is backed by Rainer... read more »

Aug.28 (GMM) Bernie Ecclestone will be trackside on Sunday for the Belgian grand prix. So far this weekend, the F1 chief executive has been in Rome where he has bankrolled... read more »

Aug.18 (GMM) The Gerhard Gribkowsky saga has gone from bad to worse for F1 chief executive Bernie Ecclestone. Already under investigation by German prosecutors, the... read more »

F1 supremo Bernie Ecclestone is reportedly facing a "multi-million pound lawsuit" over the sale of F1 to CVC... read more »

Lewis Hamilton has likened McLaren's season to a "massive emotional rollercoaster" where some times they've been up there and at others a "million... read more »

Admitting that he did pay Gerhard Gribkowsky $44 million during the sale of F1's commercial rights in 2006, Bernie Ecclestone insists he did so because the German banker... read more »

Bernie Ecclestone, CEO of the Formula One Group and head of commercial rights holders Formula One Management (FOM), has admitted to paying a bribe of 44 million dollars... read more »

Jul.22 (GMM) Bernie Ecclestone has finally confirmed reports he paid $40 million to jailed German banker Gerhard Gribkowsky. But the F1 chief executive, who was officially... read more »

Bernie Ecclestone has admitted that he paid German banker Gerhard Gribkowsky $44 million in 2005, but not as a bribe, as has been alleged by prosecutors in Munich, but because... read more »

Jul.20 (GMM) German prosecutors have formally named 'Bernard E' as the alleged source of an almost $50 million bribe paid to jailed banker Gerhard Gribkowsky. The... read more »

The United Kingdom’s government and public should not take motorsport for granted. Those are the feelings of Williams F1 Chairman Adam Parr, who points out that the... read more »

Taxpayers in Texas could no longer be obliged to fund the returning Unites States Grand Prix, with a new four-million dollar (£2.5m) deal having been proposed between... read more »

Fernando Alonso has been labelled the world’s third-richest international athlete, on an estimated salary of 45 million dollars (£28m). That is according to... read more »

Mike Coughlan, the engineer involved in the infamous ‘Spygate’ espionage scandal of 2007, has gone on record apologising for his actions. Then working for... read more »

The British Racing Drivers' Club's latest financial results show that Silverstone made a before tax loss of £1.9 million in 2010, but circuit officials insist there... read more »

Formula 1’s overall revenue is set to double in size, reaching an estimated 3.3 billion dollars (£2.0bn) by 2016, according to a recent study by the annual Formula Money... read more »

Fernando Alonso has revealed that he is no longer a resident of tax-free Switzerland, having elected to migrate back to homeland Spain. It is believed the move will cost the... read more »

Officials at Austin’s Circuit of the Americas insist that the returning United States Grand Prix will be profitable, as the event comes back to Formula 1 with a brand-new... read more »

After one million and one denials that he could return to F1, Kimi Raikkonen now says maybe he's not done with the sport... read more »

An investigation conducted by the Formula Money report states that Formula 1 enjoyed net 2010 profits of 131.1 million dollars (£85m), despite paying teams an estimated $658m.... read more »

Formula One enjoyed massive net profits of £85 million ($137m) in 2010 following a great year of racing which looks set to continue in 2011. The read more »

Silverstone is to unveil its new multi-million pound pits and paddock complex, two months ahead of its flagship event, the British Grand Prix, on 10 July. read more »

Motor racing personalities are seven of the eleven richest people in Britain’s current sporting world, according to the recently published Sport Rich List by The Sunday Times.... read more »

Williams Grand Prix Holding's profits increased by 28% to £5.4 million in the year ended December 31 2010, its latest results have revealed read more »

Williams have announced their 2010 financial results following their flotation of the Frankfurt stock market. The outfit made a healthy pre-tax profit of £7.7 million, up read more »