Lotus has announced that it will celebrate a successful first season with the Microsoft Corporation by extending the terms of its partnership until at least the end of 2016. read more »

A Singapore billionaire has revealed plans to construct a new circuit in the Iskandar region of Malaysia. The development, which will be known as 'Motorsport City',... read more »

Red Bull has denied reports it has signed up Sebastian Vettel for the 2015 and 2016 seasons. The 2012 world champions have only just dealt with speculation they could soon lose... read more »

Organisers of the Korean Grand Prix have confirmed that the Yeongam event has once again made losses. This year’s race, won by Sebastian Vettel, was the third on a... read more »

Rio de Janeiro mayor Eduardo Paes has confirmed his intentions to bid for a Formula One race at a new circuit in Brazil's second largest city. Rio hosted F1 for... read more »

Hungary is looking to secure its place on the F1 calendar for almost another whole decade. Germany’s sport1.de reports that Hungaroring boss Zsolt Gyulay intends to... read more »

The Korean Grand Prix will continue to play a part in the F1 world championship through to 2016. read more »

Bernie Ecclestone agreed to reduce the race fee as he extended Korea's grand prix contract through 2016, the AFP news agency reports. F1's annual trip since 2010 to... read more »

Bernie Ecclestone agreed to reduce the race fee as he extended Korea’s grand prix contract through 2016, the AFP news agency reports. F1′s annual trip since... read more »

Losing Lewis Hamilton is a hammer blow for McLaren, but they have found the best possible replacement in Sergio Perez. The question is can he fill the huge void left by the... read more »

Fernando Alonso says he will end his Formula 1 career with Ferrari, but he refused to suggest when that might be. The Spaniard joined the team in 2010 and later signed... read more »

Fernando Alonso has admitted he could stay at Ferrari beyond his 36th birthday. The former double world champion, in his third year with the Italian marque and leading the... read more »

Officials from Spa have submitted a proposal to Bernie Ecclestone in an attempt to keep the Belgian GP permanently on the calendar... read more »

The organiser of the Belgian Grand Prix has launched a bid to keep the race until 2016 read more »

The Belgian Grand Prix at the fan favourite of Spa-Francorchamps could be set to secure an extended contract which would see the event remain on the calendar every year until... read more »

The newly-named Lotus F1 team (formerly Renault) has made several personnel changes ahead of the 2012 season. This sees Patrick Louis receive a promotion, moving up from Chief... read more »

Oct.5 (GMM) Red Bull has expressed the wish to extend Sebastian Vettel's contract for a further two years. The reigning world champion, and likely back-to-back 2011... read more »

Red Bull Racing and Renault Sport F1 are pleased to confirm the extension of their successful partnership for a further five years. The new fuel efficient 1.6L V6-turbo power... read more »

Red Bull and Renault Sport F1 have announced an extended engine deal which will see the current championship leaders powered by Renault engines until 2016. Building read more »

World Champions Red Bull Racing have confirmed that they will be powered by Renault engines for at least five more Formula 1 seasons, with a fresh deal having been struck... read more »

The revenue from Formula One's commercial rights will double across the next five years, according to a report from the industry monitor Formula Money. read more »

Formula 1’s overall revenue is set to double in size, reaching an estimated 3.3 billion dollars (£2.0bn) by 2016, according to a recent study by the annual Formula Money... read more »

The revenue from F1's commercial rights will reach more than $3bn annually by 2016, according to new research from F1 industry monitor Formula Money. read more »

Formula One's revenues could double to just under £2 billion ($3.25bn) by 2016 as the sport looks to increase the fees it charges organisers to read more »

Mercedes GP are reportedly seeking a long-term contract with Nico Rosberg, enticing him with the offer of building the team around him... read more »