Mercedes-Benz Grand Prix Limited saw a turnover of £475m and profits of £89m in 2022 despite failing to claim a Formula 1 title for the first time since 2014. The company’s... read more »

The organisation has a different business model compared to other teams, with the RBT group acting as the parent company of Red Bull Racing, and the latter officially employing... read more »

McLaren Team Principal Andrea Stella has described Oscar Piastri as a "unique talent" in Formula 1 and believes he is an "absolute reference" for Lando... read more »

In essence, the figures represent increased revenue from sponsorship and the F1 prize fund, and are solid proof of how successful top teams can be in the sport's current... read more »

An unseasonably hot race and tricky track conditions created an enthralling Qatar Grand Prix weekend, as Formula 1's 2023 crown was finally claimed by Max Verstappen.Qatar... read more »

Max Verstappen has revealed this year's title triumph is his best compared to his previous 2022 and 2021 championships. read more »

Max Verstappen has named his third and latest F1 world championship triumph as his "best" and the one he is "most proud of".  read more »

Former Formula 1 driver Johnny Herbert has lifted the lid on the chaotic post-race moments during the 2022 season where it was unclear if Max Verstappen had indeed won the... read more »

For the return of ground effect in 2022, Mercedes sought to run the W13 as low to the asphalt as possible to achieve maximum theoretical downforce.But the car was hurt by... read more »

After a short break from the calendar in 2022, the Lusail International Circuit is back for 2023! Ahead of race weekend, we got our F1 Esports driver Jake Benham to give us a... read more »

The Alpine Formula 1 team have revealed a profit of £26.2 million (US$31.6 million) for the 2022 year, showcasing significant advancements and fiscal success. read more »

The Alpine Formula 1 team has revealed a substantial profit for its 2022 operations, aided by the arrival of title sponsor BWT and a fourth-place finish in the championship. As... read more »

Boosted by the arrival of new title sponsor BWT and the prize money associated with fourth place in the World Championship the team increased its income from £201,485,000 in... read more »

The Aston Martin Formula 1 team has posted a loss of £53m for the 2022 season, a £9m increase on its deficit report. The British marque’s loss comes despite increasing its... read more »

The Aston Martin Formula 1 team faced a substantial financial challenge in the 2022 season, reporting a loss of £53 million. read more »

Jost Capito, who played a pivotal role in bringing Logan Sargeant to Williams as team principal in 2022, has shed light on the challenges the American driver is facing in his... read more »

The team made a bigger loss despite upping its turnover from sponsorship and prize money by over $32m, with the numbers reflecting an overall increase in costs in the first... read more »

Red Bull's chief technical officer Adrian Newey has said that the 2022 car was 'conceived in a much shorter time' than their rivals because of them focusing too... read more »

Analysis by Buzz Radar, a social intelligence company of social media patterns, has highlighted how the 2023 campaign has triggered a dramatic U-turn in F1's impressive... read more »

Red Bull chief technical officer Adrian Newey has opened up on how he and his design team opted to reject the ‘zeropod’ design philosophy adopted by Mercedes. Red Bull has been... read more »

Pierre Gasly says that he and Alpine Formula 1 team-mate Esteban Ocon share the same vision for the team’s 2024 challenger, except for the size of the cockpit. The Enstone... read more »

Lewis Hamilton says Mercedes needs "the greatest six months of development" the team has ever had to challenge Red Bull in 2024. Mercedes expected to return to title... read more »

However, the former Williams driver left the door open by suggesting that the decision was valid "for now".The Woking team announced on Friday that the 2022 Le Mans... read more »

AlphaTauri Head of Trackside Engineering Jonathan Eddolls says Daniel Ricciardo's return to Formula 1 remains "a while away" yet. Ricciardo, who was dropped at... read more »

McLaren Racing has announced that Ryo Hirakawa, the 2022 24 Hours of Le Mans winner, will join the Woking-based outfit as an F1 reserve driver as part of its Driver Development... read more »