Formula One teams will have to dig deep if they're to compete next season, under a new proposal put forward by the FIA. The governing body has proposed an increase in the... read more »

The Melbourne government hopes to renew its contract to host the Australian Grand Prix, which is set to expire in 2015, but only under more favourable terms. The event,... read more »

Organisers of the Australian Grand Prix are aiming for a lowered race fee when the event’s current contract comes to an end in 2015. Since 1996, there has been... read more »

Melbourne keen to keep the Australian GP beyond current deal but only on reduced terms after figures reveals $56 million of subsidies for the 2012 race read more »

Melbourne officials want to keep the Australian Grand Prix beyond its current deal, but have admitted they are not comfortable with the current financial terms read more »

Formula 1's frontrunning teams could face a dramatic increase in entry fees for next year's championship if plans being considered by the FIA come off read more »

Turkey could return to the Formula 1 calendar in the near future, according to Bernie Ecclestone. The Istanbul circuit was dropped from the calendar this season for the first... read more »

Bernie Ecclestone says Turkey could yet return to the Formula One but only if "the problem" over the hosting fee is resolved... read more »

Bernie Ecclestone would be happy for Formula One to return to Turkey if the race organisers agree to pay the requested race-hosting fee read more »

Turkey could return to the F1 calendar. Between 2005 and last year, despite poor spectator attendance, drivers enjoyed the Hermann Tilke-designed Istanbul layout, featuring the... read more »

A Nurburgring official has admitted the German circuit cannot afford to host formula one next year. As per the existing German GP alternating scheme with Hockenheim, the... read more »

Nurburgring officials insist that there will be no German GP in the Eifel region without a cut in its annual hosting fee. read more »

As Bernie Ecclestone admits that the European Grand Prix is likely to be missing from the 2013 schedule, organizers at Valencia have revealed that they are hoping to get the F1... read more »

The Belgian Grand Prix at the fan favourite of Spa-Francorchamps could be set to secure an extended contract which would see the event remain on the calendar every year until... read more »

Police last night arrested 28 student protesters using the Canadian Grand Prix as the focus of their campaign against tuition fee hikes by the local Quebec government. read more »

The organisers of the Canadian Grand Prix have taken the decision to cancel its open doors day due to the threat of protests from student groups. The day allows fans to walk... read more »

Students in Montreal are planning to disrupt the Canadian Grand Prix with mass protests following a breakdown of negotiations between them and the government over university... read more »

Bernie Ecclestone has reportedly requested that the organisers of the Canadian Grand Prix at the Circuit Gilles Villeneuve invest upwards of £9.5 million ($15m) if... read more »

Mar.28 (GMM) Ferrari's new deal for the 2013 Concorde Agreement reportedly involves a $50 million annual fee. It is believed the Italian team has now finalised its... read more »

The future of the Korean Grand Prix seems to have been secured after a successful deal to renegotiate its hosting and TV license fee has read more »

Mar.6 (GMM) Niki Lauda has tipped Mercedes to flirt with the top positions in 2012. After February's winter group tests, rivals and pundits are now assessing the likely... read more »

Bernie Ecclestone has expressed frustration with the attitude of Australia’s Formula One race organisers. The F1 chief executive is pushing for the Melbourne race,... read more »

Bernie Ecclestone says money isn't the reason why he is keen to see the Bahrain GP go ahead - revealing that the fee has already been paid and wouldn't be returned if... read more »

Mar.2 (GMM) Bernie Ecclestone will keep the 2012 race fee even if he is forced to cancel the Bahrain grand prix at the last minute. The F1 chief executive made the revelation... read more »

Mar.2 (GMM) Valencia could be mere days from dropping off the formula one calendar. El Pais newspaper claims the regional government is yet to pay Bernie Ecclestone the fee... read more »