Aston Martin has entered an agreement for Arctos Partners to buy an undisclosed stake in the team which is now valued at around £1bn. read more »

The German manufacturer announced last year that it had agreed to become a "strategic partner" of the Sauber outfit for its official entry as a manufacturer squad in... read more »

Max Verstappen has revealed his plans for his own GT3 team, to race in 2025 in an undisclosed series with a two effort. The two-time F1 world champion told Formule1.de magazine... read more »

AlphaTauri has announced that Tost will step down as team principal at the end of the 2023 season, with Mekies due to return to the Italian squad in his place - and will join... read more »

Formula One chief executive Chase Carey is to take a significant but undisclosed pay cut, with over 200 F1 staff placed on furlough. read more »

Lando Norris and Carlos Sainz will both be taking a pay cut as McLaren announced a temporarily furlough for an undisclosed number of employees. read more »

Ferrari's rivals are threatening legal action over the FIA's undisclosed agreement with the Scuderia regarding last year's engine controversy. read more »

Mercedes will race a small as yet undisclosed update at the Japanese GP with Toto Wolff conceding the team has not optimised their updates of late. read more »

Renault have spent an as yet undisclosed number of tokens upgrading their power unit ahead of the Singapore Grand Prix. read more »

Nico Hulkenberg is set to be confirmed as Kimi Raikkonen's replacement at Lotus in the next few weeks according to sources. The German driver looked set to remain with... read more »

Quantum Motorsports has completed a deal which will see it take a 35 per cent stake in the Lotus F1 Team following lengthy negotiations. The group, made up from Middle Eastern... read more »

The Lotus F1 team looks set to finally complete an investment package it's been working on for several months, which will provide it with much needed funding. The deal,... read more »

An investment consortium, Infinity Racing, has acquired a 35 per cent stake in the Lotus F1 Team for an undisclosed figure. Infinity Racing - not to be confused with Red... read more »

Lloyds Development Capital (LDC) an investment arm of the Lloyds Banking Group, has sold its 25.3 per cent stake in the Marussia Formula 1 team. The outfit has made large... read more »

The Mercedes F1 Team is now under full ownership of German manufacturer Daimler AG which has acquired the outstanding shares in the outfit. Daimler had previously... read more »

Nov.23 (GMM) Virgin's part-ownership by the British bank Lloyds is threatening to run the struggling formula one team off track. Part taxpayer-owned Lloyds bought an... read more »

Mark Webber topped the first practice session in Silverstone today. He set a 1:46.603 on a wet Silverstone track that saw many drivers get into difficulties. Webber came to a... read more »