Sydney is set to launch a bid to lure the Australian Grand Prix away from Melbourne, if New South Wales state premier Mike Baird is relected later month. Officials close to the... read more »

Red Bull team principal Christian Horner believes the performance advantage enjoyed by Mercedes and its customers is putting some fans off the sport. During 2014, it was clear... read more »

Bernie Ecclestone has reportedly agreed to assist the financially struggling outfits by advancing prize money payments to ensure they're able to compete in the first few... read more »

A proposal to cut costs by changing the rules to allow for pooling of resources and co-development has been rejected by the sport's biggest teams. Lotus, Force India and... read more »

McLaren chairman Ron Dennis says a title sponsor must be willing to stump up around £50 million ($76m) a season if it's to have its logo on his car. The Woking team has... read more »

Former team owner Giancarlo Minardi has hit out at a select few teams who voted against Marussia's plea to be able to compete this season with its 2014 car. During a... read more »

The Manor GP team (formerly Marussia) is set to exit administration later this month following successful talks with a new investor. The outfit entered administration last year... read more »

Lotus has the budget it needs to achieve its target of challenging Williams in Formula 1 this year, claims its CEO Matthew Carter read more »

Formula 1 newcomer Gene Haas could become Marussia's saviour if rumours that he is looking to invest in the outfit turn out to be true. A planned auction of... read more »

Williams needs to secure a bigger budget before it can make the next step and become a Formula 1 championship contender again, believes its technical chief Pat Symonds read more »

If the Manor Formula 1 team (formerly Marussia) fails to find a buyer or investor within two weeks, the hope of making the 2015 grid is over according to team boss John Booth.... read more »

Williams believe they're proof that huge budgets aren't needed to succeed in Formula 1 following their successful 2014 season. The British team finished third in the... read more »

FIA president Jean Todt will revive the Formula 1 cost cap proposal when teams gather in Geneva on Tuesday for crunch meetings about the sport's future, AUTOSPORT has learned read more »

A leaked letter addressed to Bernie Ecclestone from Force India deputy team principal Bob Fernley has urged the 83-year-old to help the smaller teams either financially or by... read more »

Force India's financial future isn't in jeopardy according to deputy team principal Bob Fernley, despite the team's name featuring heavily when it comes to... read more »

Sauber team principal Monisha Kaltenborn believes F1 bosses and those in charge of the 'big teams' such as Ferrari, Mercedes, Red Bull and McLaren, want rid of... read more »

Red Bull Team Principal Christian Horner says that the outfit would be unable to run a third car within its existing budget. The concept of three-car teams has been a prevalent... read more »

Red Bull's Christian Horner admits his team can't afford to run a third car with their current budget and says it's not something they are "pushing for"... read more »

Lotus owner Gerard Lopez is confident Formula 1's cost crisis can be sorted out without a need for the small teams to do anything 'drastic' read more »

Force India are contemplating boycotting the United States Grand Prix in protest at the way the sport is run, confirmed deputy team principal Bob Fernley. Whilst Lotus have... read more »

The FIA says the recent plight of Caterham and Marussia vindicates its push to introduce a budget cap earlier this season read more »

With the current cost crisis sweeping its way through the sport - something that's more obvious than ever with the collapse of two teams; Caterham and Marussia, in the... read more »

Formula 1's bid to control costs will only ever succeed if the sport accepts the need for a budget cap, reckons former FIA president Max Mosley read more »

The Caterham F1 Team has begun legal proceedings against a group of former employees who were recently sacked in a bid to reduce the outfit's budget and streamline its... read more »

Esteban Gutierrez fears Sauber's budget is hindering their chances of finding a solution to a problem that has left them "stuck.".. read more »