While many still believe the $7m fine for exceeding the budget cap to be derisory, Max Verstappen admits that the reduction on aero testing will present an altogether different... read more »

A Ferrari F1 car which the legendary Alain Prost demanded was rebuilt is now set to be auctioned for €2.9m-€3.4m (£2.5m-£3m / $3.1m-$3.7m). read more »

Following the audit of the first year of F1's financial regulations in 2021, Red Bull was found to have exceeded the $145 million budget cap by 1.6%, resulting in a $7m... read more »

Red Bull reached a settlement with the FIA over its £1.8 million breach of last year's budget cap ahead of the Mexican Grand Prix, arguing that it misinterpreted some of... read more »

Christian Horner has called on the FIA to use the $7million fine imposed on Red Bull for breaching the budget cap to help struggling series elsewhere. read more »

On Friday, the FIA confirmed that Red Bull had been fined $7m and docked 10% of its aero testing for the next 12 months, while Aston Martin was fined $450,000 for a procedural... read more »

However, he admits he can't say with "100% confidence" that Red Bull will be safe - and suggests that six teams are still at risk of breaching the 2022 cap... read more »

The FIA announced on Friday in Mexico that it had struck an Accepted Breach Agreement with Red Bull after finding the team had exceeded the $145 million budget cap last year.... read more »

McLaren Team Principal Andreas Seidl says that he is not interested in listening to Red Bull's "fairy tale" explanation regarding its cost cap breach. On Friday,... read more »

Red Bull boss Christian Horner has labelled his team's budget cap sanction as "enormous" and "draconian" but says the squad has accepted its penalty.... read more »

The FIA announced on Friday in Mexico that Red Bull had entered an Accepted Breach Agreement after it was found to have exceeded the $145 million budget cap in 2021.Red Bull... read more »

The FIA announced on Friday that it had struck an Accepted Breach Agreement with Red Bull after finding it had exceeded the $145 million cost cap through 2021.Red Bull was... read more »

The FIA announced after the Japanese Grand Prix that both Aston Martin and Red Bull were found to have breached the financial regulations for 2021 after completing their... read more »

Red Bull have been hit with a $7m fine and a 10 percent reduction in aero testing for 2023 as punishment for breaking F1's cost cap regulations.  read more »

Having exceeded the cost cap by £1.8m, Red Bull is fined $7m together with a limit on aero testing for 12 months. read more »

Red Bull have been hit with a $7m (£6.07m) fine and a 10% reduction in permitted aerodynamic research for breaking Formula 1's budget cap. read more »

The FIA revealed after the Japanese Grand Prix that both Red Bull and Aston Martin were in breach of F1's financial regulations for 2021, putting them at risk of... read more »

Red Bull have been handed a $7million fine and restrictions on car development time for breaching last season's Formula 1 cost cap. read more »

Lewis Hamilton believes F1 and the FIA should have done more to help W Series, the all-women race series that has collapsed with liabilities of over £7m. read more »

These are the most expensive F1 cars ever sold at auction, and the incredible prices they have cost, ahead of Michael Schumacher's 1998 Ferrari F300 being auctioned (it is... read more »

Michael Schumacher's Ferrari F1 car from 1998 is set to be auctioned and is expected to fetch between $6m-$8m (£5-£6.7m). read more »

Formula 1 has reported its TV, digital and attendance figures for 2021, with 108.7m viewers watching the title-deciding event in Abu Dhabi, the largest audience of the season.... read more »

Lola, a famous name in British motorsport, have been put up for sale at a guide price of £7million. read more »

The Mercedes Formula 1 team spent £309.7m in 2017, a rise of £45.9m over the '16 figure reflecting the extra R&D costs of developing a car for the new rules read more »

Michael Schumacher's 2001 world championship-winning Ferrari has sold for $7.5m at auction in New York. read more »