The Russian government intends to spend nearly US$200 million building a Formula One circuit in Sochi, according to a senior government official... read more »

Russian government to put nearly $200 million into building the new F1 circuit in Sochi read more »

The government of Russia intends to spend almost 200 million dollars on its new Formula 1 circuit, which is set to join the calendar from the 2014 season. read more »

The Russian government will spend about $200 million to build the circuit that will host the country's first Formula 1 grand pix in 2014. read more »

Preparations for the Indian GP have been underway for nearly a year, and by race day, around one million simulations of the race will already have been completed. read more »

Martin Brundle has denied rumours that he has signed a £1 million contract with Sky to lead their Formula One coverage from next year... read more »

Oct.19 (GMM) Red Bull's championship spoils are worth tens of millions of euros, according to a report. Germany's Sport1 claims the 2011 constructors'... read more »

Force India driver Paul di Resta believes their recent resurgence will be boosted by a multi-million pound investment in the team. read more »

India's Sahara Group has bought a 42.5% stake in Force India in return for $100 million of investment, with the team being renamed Sahara Force India read more »

Tuesday saw construction work recommence at the Circuit of the Americas in Austin, Texas, which is set to be home of the returning Unites States Grand Prix in November 2012.... read more »

Bernie Ecclestone has confirmed that he will appear in court in order to provide evidence for the Gerhard Gribkowsky bribery case, with a hearing taking place in Munich later... read more »

Oct.3 (GMM) Sixth in formula one is not usually a sexy battle, but for three midfield teams in 2011 it is a hard-charging scrap for no less than $9 million. With five races... read more »

Sep.27 (GMM) He might be the fastest in 2011 but Sebastian Vettel is not the highest-earning driver on the grid. That is the claim of Germany's Bild-Zeitung daily,... read more »

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 »