Max Verstappen broke numerous records in the 2023 Formula 1 season, surpassing his own point tally milestone. However, the weight of his remarkable achievements comes with a... read more »
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The organisation has a different business model compared to other teams, with the RBT group acting as the parent company of Red Bull Racing, and the latter officially employing... read more »
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2026 hopeful LKYSUNZ has clarified a comment it made on Friday in relation to the anti-dilution payment to be made to existing teams should its entry be accepted. read more »
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F1 CEO, Stefano Domenicali claims that there are many new teams expressing an interest to enter the sport, whilst admitting that the anti-dilution payment will need to rise... read more »
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On Wednesday F1 announced increased revenue and profits for 2022, as well as a record overall payment of over $1.1 billion split between the 10 teams.In the early years of... read more »
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Haas announced in October that international payment company MoneyGram would be joining as its new title sponsor, providing a big financial boost to one of the smallest... read more »
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Haas announced on Thursday ahead of the United States Grand Prix that it had struck a deal with American payment company MoneyGram, which will become its title sponsor as of... read more »
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F1 teams and the sport's owners Liberty Media had unanimously backed plans back in April to expand the sprint race roster next season following the success of recent... read more »
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Vijay Mallya, the former owner of the Force India F1 team, has been sentenced to a four-month jail sentence over a $40m transfer to his children linked to his failed airline. read more »
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Why would Andretti Autosport racing in Formula 1 hurt the current 10 teams on the grid? Michael Andretti, head of the Andretti teams in Indycar, Formula E, Supercars and more,... read more »
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Lewis Hamilton lost the title in Abu Dhabi, resulting in Valtteri Bottas losing out on some extra money. read more »
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Red Bull Formula 1 team has announced it has signed a new partnership with lead US mobile payment service, Cash App. read more »
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With the news that teams will receive an extra payment to cover the costs of sprint race damage, it is a hit for the fledgling budget cap. read more »
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McLaren have not received any advanced payment from Liberty Media says CEO Zak Brown, the Formula 1 owners having offered assistance to 'certain teams'. read more »
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Force India and Sauber have dropped the complaint they made to the European Union Competitions Commission regarding Formula 1's governance and payment structure read more »
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Red Bull's Christian Horner fears F1 teams could feel the pinch of Liberty’s changes to the sport until potentially 2021 as the new owners invest in other areas. read more »
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The Williams Formula 1 team's profit during the first half of 2017 was boosted by a payment from Mercedes for releasing Valtteri Bottas, Autosport has learned read more »
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McLaren would be open to compromise on the special payment it receives as part of an overhaul of Formula 1's revenue distribution, according to the team's executive... read more »
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Force India boss Vijay Mallya is "disappointed" that fellow team owner Gene Haas has expressed support for Formula 1's current income distribution system read more »
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The Serious Fraud Office are currently "reviewing material" relating to a £3.9million payment made by Formula 1's commercial rights holder to the FIA. read more »
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The Serious Fraud Office says it is "reviewing material" relating to a payment made by Formula 1's commercial rights holder to the FIA. read more »
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Bernie Ecclestone has defended the £80m 'historic' bonus payment to Ferrari which is now under threat. read more »
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"We don't see how the [current] system is going to work until 2020, if certain financial privileges are given irrespective of what the result is..." - Monisha... read more »
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Liberty Media Chief Executive Greg Maffei has hinted that F1 prize money allocation may be adjusted, something Ferrari might not be too happy about. read more »
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Force India has made a request to Formula 1 boss Bernie Ecclestone for an advance on its championship payments for next year, Autosport understands read more »