Azerbaijan Grand Prix organisers have asked Formula 1 for a reduction in the race sanctioning fee it pays from 2021 onwards read more »

The FIA want to see the back of the Drag Reduction System from Formula 1 when the new regulations come into play in 2021. read more »

No further action has been taken against three drivers who incorrectly used the Drag Reduction System during the Azerbaijan Grand Prix, including podium finisher Sergio Perez. read more »

Following concerns about overheating, Pirelli will bring tyres with a 0.4mm thinner tread to the races in Spain, France and Great Britain. read more »

Confirming that 2017 revenue was down by around 5% on 2016, Chase Carey cites a reduction in the hosting fee for the Brazilian Grand Prix and the loss of a couple of sponsors... read more »

Gene Haas says he has no concerns about reliability ahead of the reduction to three engines for the longer 2018 F1 season. read more »

Andy Cowell thinks manufacturers risk spending more money on their power units in 2018 despite the reduction on the allowable number of engines from four to three. read more »

FIA President Jean Todt says Formula 1 teams voted for a reduction in power unit parts for 2018, amid complaints from some quarters over the revised… read more »

McLaren Executive Director Zak Brown has urged Formula 1 teams to support Liberty Media, in the wake of a reduction of prize money in 2017. Formula 1's… read more »

Paddy Lowe says calls to scrap the reduction to three engines permitted for the entire 2018 F1 season ignores the cost cutting and development drive. read more »

World Champions Mercedes paid over $4.6m in entry fees for the 2018 Formula 1 season, a reduction of over half a million on the previous campaign, GPUpdate.net… read more »

Chase Carey says teams must understand that there are "no free lunches" when it comes to making Formula 1 bigger, amid unease about a $43million reduction in prize money read more »

Renault's Nico Hülkenberg reckons the issue with his Drag Reduction System (DRS) shortly after his pit-stop cost him a points finish at the Japanese Grand… read more »

Ross Brawn has revealed that plans are underway to try and remove the Drag Reduction System from Formula 1's next generation of cars. read more »

Liberty Media announces $1bn F1 debt reduction read more »

Formula 1 bosses are pushing for a calendar of more than 21 grands prix by the 2019 season, with a reduction in back-to-back events read more »

Pirelli are hoping that this weekend's Chinese Grand Prix proves that the graining issues that they have seen in recent years are all but gone with the 2017 compounds. read more »

Renault is hoping for a 0.3s reduction in lap time from engine performance alone at the start of the year and a further 0.3s-0.4s over the remainder of the season. The team... read more »

Ross Brawn wants to create a research group to better understand overtaking and wean Formula One away from artificial aids such as the Drag Reduction System (DRS). In his new... read more »

Pirelli is confident that the FIA's move to prevent tyres from being heated up in unusual ways will work, and reckons it could ultimately lead to a reduction in… read more »

Mercedes driver Nico Rosberg reckons tyre usage will be crucial as he chases a hat-trick of victories at the Austrian Grand Prix. Rosberg secured victory at the Red Bull Ring... read more »

The FIA's Head of Powertrain, Fabrice Lom, has explained the intricacies of Formula 1's revised engine regulations, which will be introduced at the start of the 2017... read more »

Nico Hulkenberg thinks the reduction in pre-season testing in 2016 will benefit Force india, especially in the early races on the calendar. After introducing a B-Spec car at... read more »

Nico Hulkenberg believes the cut in pre-season testing days this season could be beneficial for his Force India outfit. Force India introduced a B-spec version of its VJM08... read more »

The Circuit de Barcelona-Catalunya, home of the Spanish Grand Prix, is facing a reduction in its funding from the city council. The circuit receives in the region of €4 million... read more »