Lotus chief Eric Boullier has expressed his disappointment with Kimi Raikkonen after the Finn revealed that a payment dispute led to his decision to quit the team for Ferrari. read more »

Kimi Raikkonen has admitted his decision to leave Lotus for Ferrari was swayed by non-payment of his salary. The Finnish driver looked to be enjoying his time at Lotus after a... read more »

Lotus has responded to downcast rumours over its current financial state, the team informing GPUpdate.net on Tuesday afternoon that all salaries have been paid. read more »

Kimi Raikkonen has revealed he is awaiting some payment from his Lotus team read more »

Sauber are confident they will overcome their current financial difficulties and are certain they will be on the grid next season. Rumour had circulated the paddock suggesting... read more »

Nico Hulkenberg is free to leave the Sauber outfit with immediate effect if he wishes, after he and his manager activated a termination clause in his contract with the team.... read more »

The face of Formula One might be about to change after German authorities confirmed they will press ahead with bribery charges against F1 supremo Bernie Ecclestone. The... read more »

Reports in the German media claim Bernie Ecclestone will be charged with accusations of bribery in Germany later this month. The 82-year-old has been under investigation ever... read more »

Bernie Ecclestone has given the first explanation for his $44m 'payment' to disgraced banker Gerhard Gribkowsky. read more »

Marussia team boss John Booth says there was no alternative but to terminate Luiz Razia's race contract for the 2013 Formula 1 season, with the Brazilian driver running... read more »

Jules Bianchi has secured a seat with Marussia for the 2013 Formula 1 campaign, with the cash-strapped Luiz Razia missing his final sponsorship payment deadline. The Frenchman,... read more »

Bernie Ecclestone admits he may be forced to leave his role as CEO of FOM/FOA should he face further action in the Gerhard Gribkowsky bribery trial. Whilst Ecclestone... read more »

The Texas State Comptroller has approved the payment of $29.3m towards costs for the United States Grand Prix at the Circuit of the Americas. read more »

The teams have been hit with a massive increase in the cost of competing in Formula One from 2013 and beyond, with the governing body the FIA having confirmed a new entry fee... read more »

Formula 1 supremo Bernie Ecclestone is prepared to go to court to fight a claim from German bank BayernLB over a UKP320million payment it is seeking read more »

The warrant for Vijay Mallya's arrest has been withdrawn after a case against his airline for outstanding unpaid airport fees in Hyderabad was settled with a payment read more »

Williams Grand Prix Holdings (WGF1) has announced its half-year interim results, with an increase turnover by 57% to £73 million from £46.4m in 2011.... read more »

As the final pleas are expected in the trial of Formula One's former chairman Gerhard Gribkowsky, BayernLB wonders whether the German's £27.5m 'payment' was... read more »

Bernie Ecclestone has admitted that he should not have paid disgraced banker Gerhard Gribkowsky anything, as the German's bribery trial continues. read more »

Details of the next Concorde Agreement have emerged in the Guardian newspaper, which include a one-off windfall payment to encourage the teams to sign read more »

The European Grand Prix in Valencia is at threat of falling off the 2012 calendar, after it was revealed that the local government is yet read more »

A High Court judge questions if the payments made by Bernie Ecclestone to Gerhard Gribkowsky read more »

Virgin Racing's parent company Manor HoldCo made a £35.3m pre-tax loss in the 14 months to 31 December 2010. Interestingly, the loss was driven by a whopping £17.6m... read more »

Circuit of The Americas has responded to Formula One Management’s contract requirements by agreeing to an immediate cash payment of the sanctioning fee for the 2012 United... read more »

Organisers of the returning United States Grand Prix have backed up Wednesday’s calendar announcement by explaining that Bernie Ecclestone has now received his first... read more »