The newly constructed 'Sphere' in Las Vegas has reported losses of nearly $100 million on an earnings call just weeks after opening. read more »

The Las Vegas Grand Prix is at risk of major disruption as tens of thousands of hospitality workers prepare to strike, potentially jeopardising the scheduled race weekend. read more »

Max Verstappen is set to break another Formula 1 record but at a high cost, with the world champion expected to make history by paying over €1 million for his FIA Super Licence. read more »

Formula 1 has seen a 24 per cent year-over-year increase in revenue, to the tune of $887 million in the third quarter of 2023. A series of factors impacting the three-month... read more »

F1 has gone to great lengths to revive the Las Vegas race, acquiring permission to race on the gambling haven's iconic Strip and taking on the promotion of the race... read more »

Mercedes chief technical officer Mike Elliott has left the Brackley-based team after a dozen years. read more »

Red Bull team principal Christian Horner is "impressed" by Daniel Ricciardo's performance across the Mexican Grand Prix weekend as the AlphaTauri driver seemed... read more »

Sprints have been a fixture in F1 since 2021, with the 2023 season featuring six sprint events.While the format has added more competitive running, it hasn't fully... read more »

In the FIA's International Sporting Code, the governing body has increased the maximum fine for F1 competitors from €250,000 to one million euros, a move which appeared to... read more »

1. Keep an eye on the sphereThe newest landmark in Las Vegas - a giant Sphere wrapped in 1.2 million LED lights - has only just been opened and the F1 track goes right around... read more »

In the FIA's International Sporting Code, the governing body has increased the maximum fine an F1 competitor can be handed from €250,000 to one million euros.The update... read more »

F1 drivers have given their reaction to the news that the FIA can now give fines of up to €1 million. read more »

Former Formula 1 chief executive Bernie Ecclestone has pleaded guilty to fraud over £400 million that he failed to declare. read more »

Bernie Ecclestone, the former boss of Formula One, has pleaded guilty to a criminal tax fraud charge for failing to declare more than £400 million ($492 million) of overseas... read more »

Formula One's bottom four teams have each been handed a $20 million capital expenditure boost to help put them on a more level playing field with better-equipped rivals. read more »

The Alpine Formula 1 team have revealed a profit of £26.2 million (US$31.6 million) for the 2022 year, showcasing significant advancements and fiscal success. read more »

Existing teams could stand to lose $11 million per year in prize money if Andretti are successful in their bid to enter F1. read more »

The Aston Martin Formula 1 team faced a substantial financial challenge in the 2022 season, reporting a loss of £53 million. read more »

New Williams team boss James Vowles has passionately sought to give the team a way to catch up on its ageing Grove base's facilities.Under F1's financial rules teams... read more »

Liberty Media, the owner of the Formula 1 group, announced on Wednesday, 6 September that it had acquired a greater than 90% stake in QuintEvents to bolster its Formula 1... read more »

Carlos Sainz and Lando Norris have teamed up to back a new €50 million athlete-driven investment fund alongside Valtteri Bottas and a whole host of athletes from other arenas.... read more »

The FIA Cost Cap Administration has confirmed that all ten teams on the Formula 1 grid were compliant with the financial regulation for the 2022 season. The cost cap, which... read more »

Each team will receive a certificate of compliance for meeting the cap between 1 January 2022 and 31 December 2022, which stands at a base of $135 million plus extras.This... read more »

Haas has this week announced that it will retain driver duo Nico Hulkenberg and Kevin Magnussen for 2024.Team principal Guenther Steiner praised their experience, with Haas... read more »

Charles Leclerc has given his reaction to rumours over the F1 summer break that he signed a record-breaking five-year deal with Ferrari worth £160 million. read more »