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 »

Caterham's new owners have approved funding for a new development programme which it hopes will provide a major boost to the team. The outfit hasn't added any major... read more »

McLaren have assured their fans that there are no concerns over their financial future with the team set to have its biggest budget in 2015... read more »

Long-term McLaren sponsor Hugo Boss has dealt the team a blow following confirmation that it will switch to rival Mercedes next season. The fashion brand has been linked with... read more »

FIA president Jean Todt has admitted the recent excercise in cost-cutting hasn't gone far enough and it will likely see some teams unable to survive. Whilst budget cuts... read more »

Marussia sporting director Graeme Lowdon has hailed the team's progress especially in light of their very limited budget... read more »

Lotus has admitted there is a chance Romain Grosjean could leave the team next year, with team owner Gerard Lopez revealing the Frenchman has had offers. Whilst Lopez insists... read more »

Bernie Ecclestone says that Formula One teams do not need a budget cap but should instead learn to spend less read more »

McLaren's MP4-29 could be Honda powered before the end of the season according to racing director Eric Boullier. The Frenchman says the team are considering swapping out... read more »

FIA President Jean Todt claims that there is nothing he can do about it after the Formula One's most powerful teams vetoed the move to a budget cap for next season... read more »

Sauber team principal Monisha Kaltenborn has rubbished claimed by F1's big teams that it would be difficult to police a budget cap... read more »

Sauber team principal Monisha Kaltenborn has rejected arguments that a Formula One budget cap would be impossible to police read more »