Las Vegas Grand Prix CEO Renee Wilm has revealed that an independent economic study has shown that the race is expected to be worth just under $1 billion in visitor spending alone. read more »

F1 introduced its first set of financial regulations for the 2021 season, restricting teams to a yearly budget of $145 million. This was initially set to fall by $5m per year,... read more »

Red Bull team principal Christian Horner has called for F1's regulators to 'urgently' reassess the budget cap in light of a current economic crisis. read more »

Scientific study following the 2021 Dutch Grand Prix suggests the event had a "positive economic and social impact". read more »

Motorsports governing body, the FIA, has commissioned a study into motorsports economic and social impact, revealing a total gross output of €160 billion annually. The study,... read more »

Mazepin made his F1 debut at the start of the year with Haas after graduating from F2, recording his best result to date by finishing 14th in Azerbaijan last weekend.But... read more »

F1 teams are navigating a complex campaign with the largely carried-over car concepts that were introduced at the start of 2020, but have been kept on for an extra year so the... read more »

F1 teams are currently preparing for the major upcoming car design changes, which were scheduled to come into force for the start of the 2021 campaign before being postponed... read more »

Formula 1 chief Casey Carey believes Honda's decision to withdraw from Formula 1 is down to financial pressure. read more »

F1 CEO Chase Carey says Honda are withdrawing from Formula 1 at the end of next season due to 'Economic Challenges'. read more »

Formula 1 CEO Chase Carey says Honda's withdrawal from the championship was driven by economics but he remains optimistic the 2026 engine rules will appeal to new... read more »

Lewis Hamilton says he has not yet signed a new contract with Mercedes because he feels "a little bit awkward" due to the global economic uncertainty. read more »

Silverstone boss Stuart Pringle says the economic impact of the coronavirus pandemic has set the business of the home of Formula 1's British Grand Prix "back about... read more »

OPINION: The economic impact of the COVID-19 pandemic is only just starting, and many people are searching for answers. But LUCAS DI GRASSI argues it's crucial that... read more »

Formula 1's decision to lower its cost-cap to $145m per season from 2021 was widely celebrated on Wednesday, but the economic impact of the COVID-19 pandemic was... read more »

FIA president Jean Todt remains hopeful the reduced $145million Formula 1 cost cap will prevent teams from dropping off the grid once the post-pandemic economic landscape... read more »

Liberty Media has provided a $1.4 billion lifeline to help Formula 1 and its teams overcome the current economic downturn. read more »

Formula One has given some of its teams advanced payments in order to ensure they survive the current economic downturn linked to the coronavirus pandemic, Liberty Media CEO... read more »

Williams boss Claire Williams says it is "critical" her team races this year, underlining the economic reality of the coronavirus crisis for Formula One's small... read more »

Formula 1 boss Ross Brawn says the sport will need to find the right balance when judging when it's safe to return to normality amid the coronavirus pandemic read more »

The Victorian state government is hoping to block planned industrial action by the Melbourne’s tram drivers, one of which has been scheduled to coincide with the weekend of the... read more »

A report has been released detailing the economic growth Baku has enjoyed as a result of hosting the Azerbaijan Grand Prix, which comes to a total of $506.3m. read more »

Ferrari believes Formula 1 needs to develop a stricter budget cap over time to reinforce the championship's economic viability, otherwise it is "slowly going to die" read more »

Chase Carey says F1 will be immune to Brexit's potential economic impact read more »

Formula 1 got a green light into holding a Formula 1 Grand Prix race in downtown Miami next season following two meetings of the City of Miami Commissioners and the Economic... read more »