Only five Formula 1 drivers will compete in the final round of its Virtual Grand Prix series this weekend, a reduction on recent numbers. Formula 1 has arranged virtual events... read more »

McLaren Group has posted a substantial year-on-year reduction in revenue for the first quarter, with its Formula 1 team also suffering, ostensibly due to the coronavirus... read more »

Formula 1 says it will work with teams and partners to assist with losses that will be incurred due to the pandemic, but warned it won't be "handing out candy."... read more »

Liberty Media's financial figures for the first quarter of 2020 have revealed the Formula 1 Group has been hit by a 84% reduction in revenue due to the COVID-19 crisis read more »

Formula 1 bosses will meet this week to discuss a reduction of the budget cap figure to $145m in 2021. read more »

The incoming budget cap will be set at $145 million according to Ross Brawn, a reduction on the original figure of $175 million read more »

At the start of the drag reduction system's tenure in Formula 1, multiple teams attempted to double its fun with novel and complex solutions. Mercedes' version... read more »

McLaren CEO Zak Brown says Ferrari's arguments against a major budget cap reduction to save smaller teams are 'contradictory' and 'don't stack up' read more »

Ferrari has warned Formula One against making knee-jerk changes to its financial regulations as a result of the coronavirus pandemic. read more »

Ferrari has warned that it could turn its back on Formula 1 and quit the sport if a reduction in the level of a planned budget cap is too extreme read more »

Formula 1 teams and bosses are to meet next week to discuss a proposal to reduce the sport's budget cap to $130m (£104.6m) by 2022. read more »

The latest F1 gossip starts with Ross Brawn giving his backing to lowering the team cost cap suggested by McLaren boss Zak Brown. read more »

McLaren's Zak Brown says a "couple of teams" are "playing with fire" by resisting a further Formula 1 cost cap reduction, and warned they could end up... read more »

Ferrari boss Mattia Binotto is open to a reduction in the cost cap for 2021, but says Formula 1 should avoid making "emotional" decisions in response to the COVID-19... read more »

Formula 1 could impose an engine development freeze on the current powerunits as an emergency measure if there needs to be a further dramatic reduction in costs to save teams read more »

Despite the reduction in the length of F1 race weekends from 2021, Carlos Sainz says he's "totally against" a rapid calendar expansion read more »

A crashed data server meant the Drag Reduction System (DRS) was not activated until the 19th lap of the Abu Dhabi Grand Prix. read more »

Formula 1 launches a plan to become carbon neutral by 2030 and will "begin carbon-reduction projects immediately". read more »

Honda Formula 1 technical director Toyoharu Tanabe says it is "clear" Ferrari had a reduced speed advantage at the United States Grand Prix but is cautious of drawing... read more »

The FIA has added a third drag reduction system (DRS) zone to the Autodromo Hermanos Rodriguez circuit ahead of the 2019 F1 Mexican Grand Prix. read more »

Guenther Steiner says Haas need to put on their "thinking hats" to try and figure out how they will budget the 2020 campaign after likely suffering a significant... read more »

Formula 1 teams have agreed to a significant reduction in testing for 2020 as part of a trade-off for the addition of a 22nd race to the calendar read more »

Racing Point's Andrew Green says fewer test days will "mix things up a bit", but Lando Norris says it will tough on rookies. read more »

Daniil Kvyat feels there should be an expansion to the amount of available testing days for Formula 1 drivers rather than any reduction, which is a possibility in 2020 thanks... read more »

Toro Rosso driver Daniil Kvyat says he "100% disagrees" with Formula 1's mooted pre-season testing reduction, while his ex-team-mate Alex Albon says F1 needs to... read more »