McLaren has reported significant financial improvements, annoucing that it has recovered from an AUD $111.8 million (£57.84m) loss in 2022 to a healthy AUD $25 million (£12.9m)... read more »

F1 finances are as strong as they've ever been, as current revenue levels are understood to be over $3 billion.This has led to F1 teams increasing their profit margins,... read more »

A number of disgruntled Las Vegas business owners are seeking compensation from Formula 1, citing profit losses caused across 2023 in the build-up to the Las Vegas Grand Prix.... read more »

Lewis Hamilton's race suit from his first F1 race win at the 2007 Canadian Grand Prix has been sold at auction for $241,000.  read more »

Red Bull Technology Ltd, which oversees Red Bull’s Formula 1 operation, has reported increased turnover and profits over the course of its domination of the 2022 season. Red... read more »

Mercedes-Benz Grand Prix Limited saw a turnover of £475m and profits of £89m in 2022 despite failing to claim a Formula 1 title for the first time since 2014. The company’s... 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 »

The Alpine Formula 1 team has revealed a substantial profit for its 2022 operations, aided by the arrival of title sponsor BWT and a fourth-place finish in the championship. As... read more »

Aston Martin boss Lawrence Stroll has suggested the firm has made up to $80m in profit thanks to the F1 Safety Car.  read more »

Sergio Perez vowed to profit from his good fortune after Max Verstappen and Charles Leclerc gifted the Mexican pole position for Sunday's Miami Grand Prix. read more »

Lewis Hamilton and George Russell will profit from "radical" and "visible" amendments to their F1 2023 car. read more »

Liberty Media are "quite interested in relinquishing the rights" to F1, amid a power struggle with the FIA, according to reports. read more »

In the wake of Liberty's takeover from CVC in 2017, F1 has enjoyed a massive uplift in popularity.Its opening up of social media channels, and the success of... read more »

The Ferrari driver stormed to pole at Paul Ricard on Saturday after taking profit of a strategy to use team-mate Carlos Sainz as a tow along the back straight in Q3.With Sainz... read more »

Sebastian Vettel has rejected calls for a salary cap to be imposed on F1 drivers and instead suggested a team profit cap in which excess earnings go into a pool for good causes. read more »

Liberty's arrival marked a significant break from the past, replacing Bernie Ecclestone's wheeler-dealer and profit-focused approach with a broader view to growing... read more »

Mercedes may shed one of their customer teams due to a lack of profit in being an engine supplier. read more »

Tom Garfinkel, the managing partner of Miami's new F1 event, had originally targeted making a profit from the off with his race around the Miami Dolphins stadium.But... read more »

Lewis Hamilton has vowed to help turn Chelsea "into a profit-making organisation" after confirming he is part of a consortium looking to buy the British Premier... read more »

It was important for F1 to make a profit after a tough 2020, and they have done so. read more »

Formula 1 saw its profits recover in 2021 following a difficult 2020 season, where it posted a $386 million loss because of the coronavirus pandemic. Last year saw the... read more »

The organisation's numbers took a massive hit in 2020 as the COVID pandemic hit and only 17 races were held - most of them without spectators. Overall revenues crashed... read more »

George Russell has no doubt Mercedes will benefit from what he has described as his "very wide window of experience" after a three-year spell with Williams. read more »

Lewis Hamilton has parted ways with one of his most iconic road cars, the one-off Pagani Zonda 760 LH, turning a healthy profit in the process. The seven-time Formula 1 World... read more »

Lewis Hamilton has reportedly made a major profit after selling his custom Pagani Zonda. read more »