McLaren is to make around 1,200 staff redundant across the Group due to the impact of the current pandemic crisis. read more »

Although the United Stated and the Brazilian Grands Prix are scheduled to take place on October 25 and November 15 respectively, the coronavirus crisis casts doubts over both... read more »

F1 teams have approved major cost-cutting changes aimed at helping the sport see out the coronavirus crisis. read more »

In the midst of the financial crisis, Franz Tost says a lot depends on F1 races this season as he can't ask Red Bull for unlimited funds. read more »

McLaren is considering mortgaging its factory and classic Formula 1 cars in an attempt to raise funds to see it through the financial uncertainty caused by the coronavirus crisis. read more »

McLaren is reportedly considering raising up to £275million to see it through the COVID-19 crisis by mortgaging its Woking headquarters and part of its collection of historic... read more »

Sebastian Vettel's relationship with Ferrari hit "crisis" point at the 2018 German GP, says former F1 team owner Giancarlo Minardi. read more »

In the latest F1 Gossip, Ricciardo close to completing McLaren switch, Alonso-Renault rumours intensify and Todt reveals how the FIA plans to save motorsport amid the COVID-19... read more »

When the dust settles on the financial crisis, Racing Point team principal Otmar Szafnauer says F1 may be short a manufacturer or two. read more »

Racing Point team principal Otmar Szafnauer says manufacturers may decide racing in F1 is no longer a priority once the impact of COVID-19 crisis is felt read more »

Formula One is working to put on a British Grand Prix in July even if the country imposes quarantine measures on visitors during the coronavirus crisis, F1 sources said on Sunday. read more »

Formula 1 has placed talks with teams over a new Concorde Agreement "on the back burner" as it contends with the impact of the COVID-19 crisis read more »

Formula 1's new Concorde Agreement has been "put on the backburner" due to the coronavirus crisis, and may not be completed in time for the 2021 season. The... read more »

Mercedes Formula 1 world champion Lewis Hamilton says the last-minute cancellation of the Australian Grand Prix due to the coronavirus crisis was a "shock to the system" read more »

Renault's Daniel Ricciardo expects the first race of the season to be chaotic after the long break enforced by the coronavirus crisis. read more »

Formula 1 boss Chase Carey says it won't be "handing out candy" when dealing with the teams and its other partners in regards to financial aid during the... read more »

Substantial financial loses suffered by the F1 Group amid the COVID-19 crisis have been revealed by Liberty Media.  read more »

The true effect of the global health crisis on Formula 1 is beginning to show after a huge drop in revenue was published in the Q1 results report. read more »

Liberty Media's financial figures for the first quarter of 2020 have revealed the Formula 1 Group has been hit by a 84% reduction in revenue due to the COVID-19 crisis read more »

Formula 1 is going through a crisis, however, Zak Brown says he has been impressed with how Liberty Media and the FIA have stepped up. read more »

The world health crisis has shelved a lot of sporting plans, but work is still going on to bring Panthera Team Asia to Formula 1 in 2022. read more »

Ferrari CEO Louis Camilleri says F1's "drastic" loss of revenue amid the coronavirus crisis is hurting its finances in "the harshest manner". read more »

Jean Todt has predicted that Formula 1 could lose the few manufacturer teams that currently race in the aftermath of the corona-crisis. read more »

Kevin Magnussen thinks the current crisis could actually provide opportunity for Haas rather than lead to the team leaving the sport. read more »

The FIA Formula E Championship has confirmed the cancellation of the last round of the 2019/2020 season while the New York E-Prix is also hanging in the balance due to the... read more »