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 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 »

Fernando Alonso should remain in Formula 1 and stay with McLaren-Honda rather than look for another team, according to this week's F1 Report guests. read more »

Lewis Hamilton and Mercedes are set to sign a new deal which will see the current championship leader staying with the Anglo-German outfit until 2018. It's believed the... read more »

The Williams F1 Team has blamed investment in ensuring it moved toward the front of the Formula 1 grid for losses of more than £20 million ($32m) in the first six months of... read more »

Letter to BRDC members following sale of 999-year lease on Silverstone for £32m reveals that the deal was done at the beginning of August. read more »

The British Racing Drivers' Club has confirmed that it has sold the lease on Silverstone in a 999-year, £32m deal to the BT pension fund's MEPC. read more »

McLaren have successfully argued in Britain that a £32m fine they paid after a 2007 Ferrari spying controversy should be tax deductible... read more »

The departure of Mercedes as a shareholder in McLaren was one of those things which was never going to be good for either side. read more »

Ahead of the trial of German banker Gerhard Gribkowsky, Pitpass can exclusively reveal the prosecutors' version of events. read more »