Lotus has recorded the biggest financial loss in motor racing history, according to F1 business journalist Christian Sylt. A report in the Telegraph said the Enstone based... read more »
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Much has been said about the arrival of Sergio Perez at McLaren. The young Mexican impressed during his time at Sauber, prompting a move to McLaren to replace the outgoing... read more »
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Williams has secured a sponsorship deal with the Kazakhstani investment business TAK Group that will see the name of Kazakhstan's capital, Astana, displayed on the car read more »
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The Williams Group recorded a £5 million loss in 2012, its latest financial report shows, though it blamed an accounting technicality meant some of its Formula One... read more »
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Sergio Perez has admitted he hopes Telmex becomes a major sponsor of the McLaren team. With the British squad set to lose its Vodafone title sponsorship at the end of the... read more »
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McLaren and Vodafone will end their seven-year partnership at the end of the 2013 Formula 1 season, the Woking-based outfit confirmed in Melbourne on Thursday. According to... read more »
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McLaren's long-running title sponsorship deal with Vodafone will end later this year read more »
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Pastor Maldonado's future looks uncertain following the news that Venezuelan president Hugo Chavez has lost his battle with cancer at the age of 58. Chavez has been a very... read more »
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Luiz Razia says he is in a state of shock after losing his seat with Marussia for the 2013 Formula 1 campaign. The 23-year-old Brazilian, who ran into sponsorship difficulties,... read more »
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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 »
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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 »
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Will Luiz Razia's rumoured sponsorship problems open the door for someone else ahead of the Australian Grand Prix? read more »
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Heikki Kovalainen has emerged as a surprise contender to keep his Formula One career alive in 2013. Ousted by Caterham, the Finn is reportedly in talks with Marussia about... read more »
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The true reason for Luiz Razia’s absence from the track at the Circuit de Catalunya last week has come to the fore, with the Marussia driver admitting that a certain... read more »
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Ferrari have announced a new sponsorship deal with UPS, one of the world's largest logistics companies. The deal will see significant branding on the F138 during the 2013... read more »
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As more and more countries move to subscription coverage of F1, the teams continue to take stock of the implications fearing that sponsorship could be affected. read more »
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Martin Whitmarsh estimates that seven of the 11 Formula One teams are in financial difficulties as advertising and sponsorship take a hit... read more »
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The 2013 calendar will feature just 19 races, rather than the 20 featured on last year's record breaking schedule, according to F1 supremo Bernie Ecclestone. The... read more »
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Emirates airlines has announced a five-year sponsorship deal with Formula One that will cover most of its races... read more »
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Mercedes has signed a sponsorship deal with telecommunications provider Research in Motion (RIM), the makers of Blackberry phones. read more »
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When many teams are struggling to find sponsorship, Scuderia Ferrari has just announced it has signed 3 new partnerships. Team principal Stefano Domenicali immediately hailed... read more »
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Ferrari has reached a sponsorship agreement with Weichai Power, one of China's leading manufacturers of heavy powertrain system and machinery vehicles. read more »
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Ferrari and Toro Rosso have both announced new sponsorship deals to take them into 2013. read more »
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Lotus has become the first team to unveil its 2013 car during an online launch on Monday evening. The E21 still features the stepped nose seen on its predecessor, despite a... read more »
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Lotus is yet to sign a title sponsorship deal with Honeywell, the American technology giant. Last month, it emerged that the Enstone based team was close to a $30 million per... read more »