Gerhard Gribkowsky has been jailed for eight and a half years after he was found guilty of accepting monetary bribes from Formula 1 CEO Bernie Ecclestone. The German banker,... read more »

McLaren's Jenson Button has become the second Formula 1 driver to reach one million followers on the social networking site Twitter. The Englishman reached the... read more »

Gerhard Gribkowsky was on Wednesday sentenced to jail by a Munich court. The guilty verdict could have serious implications for F1 chief executive Bernie Ecclestone, who admits... read more »

Customer engines will be much more expensive in 2014. Germany's Auto Motor und Sport reports that, for example, Sauber currently spends EUR 8 million on its Ferrari... read more »

Customer engines will be much more expensive in 2014. Germany’s Auto Motor und Sport reports that, for example, Sauber currently spends EUR 8 million on its Ferrari... read more »

Ferrari’s F1 auction, set up to help those affected by the recent earthquakes in Italy, has raised an impressive 1.8 million euros (£1.5m). The natural... read more »

Ferrari has announced that its auction raised €1.8 million for the families of the victims of the Northern Italy earthquakes read more »

The online auction organised by ferrari.com has raised over £1.45m (1.8 million euro) for the families of the victims of the earthquakes that struck Emilia-Romagna last month. read more »

Gerhard Gribkowsky, a former banker who oversaw the sale of Formula 1 to CVC, has admitted he accepted bribes from F1 chief Bernie Ecclestone. The German has now... read more »

This year’s Faces for Charity competition, run by Red Bull Racing and giving Formula 1 fans a chance to see their own face on the cars of Sebastian Vettel and Mark... read more »

Red Bull raises 1 million through the Faces for Charity initiative being run for the British Grand Prix read more »

David Campbell, Formula 1’s former head of marketing and hospitality, has been awarded a stake of 10 million dollars (£6.4m) despite having resigned less... read more »

David Campbell's short-lived role in formula one netted him about $10 million, it has emerged. Famous for transforming London's O2 Arena, Campbell was appointed by... read more »

CVC's sale of Formula One continued last week when the company divested itself of $500 million stake in the sport... read more »

CVC has sold a further $500 million stake in Formula 1, almost a month after announcing a 21 per cent sale to a trio of investors for a total investment of $1.6 billion read more »

Formula 1 majority owner, CVC Capital Partners, has sold another stake in the sport raising an additional £320 million ($500m) on top of last months £1... read more »

There is little good news to report about the Lotus F1 team at present. The UK financial website thisismoney.co.uk reports that the Enstone based team has recorded a $32... read more »

Lewis Hamilton isn't thinking about renewing his contract or joining a rival outfit just yet. Instead the 27-year-old says he is focusing on winning the championship. The... read more »

Ferrari have hit out at reports that Fernando Alonso is pulling in a cool '30 million, saying the "airy-fairy" figures are "utter balderdash"... read more »

Ferrari has dismissed reports that its number one driver Fernando Alonso is currently the best paid driver in the sport on a yearly salary of 30 million. read more »

Ferrari has denied claims it pays Fernando Alonso a cool EUR 30 million per season. A French publication called Business Book GP 2012 had claimed the Spaniard is easily... read more »

Ferrari's infamous 'Horse Whisperer' has rubbished claims that Fernando Alonso earns an estimated £24 million per annum in driver wages. A report... read more »

McLaren moved to play down rumours Lewis Hamilton might quit the team even before his contract expires at the end of this year. Reports late last week said that despite McLaren... read more »

Fernando Alonso is reportedly Formula One's highest-paid driver, bringing home a staggering '14 million more than McLaren's drivers... read more »

Lewis Hamilton may already have decided to quit McLaren, according to a reliable source. That is the claim of the French TF1 television commentator Jean-Louis Moncet, writing... read more »