This may yet be the most difficult challenge yet for Andretti; although it has proven to the FIA that it has merit on sporting, technical, and financial grounds, thrashing out... read more »

Existing teams could stand to lose $11 million per year in prize money if Andretti are successful in their bid to enter F1. read more »

The Aston Martin Formula 1 team faced a substantial financial challenge in the 2022 season, reporting a loss of £53 million. read more »

New Williams team boss James Vowles has passionately sought to give the team a way to catch up on its ageing Grove base's facilities.Under F1's financial rules teams... read more »

Alfa Romeo driver Zhou Guanyu has insisted that he has 'personal sponsors' as he rejected claims that financial reasons were to blame for a lack of confirmation... read more »

Despite Zhou being the first full-time Chinese F1 racer, there has been speculation he does not come with major financial banking to incentivise Alfa Romeo to agree new... read more »

The FIA Cost Cap Administration has confirmed that all ten teams on the Formula 1 grid were compliant with the financial regulation for the 2022 season. The cost cap, which... read more »

Each team will receive a certificate of compliance for meeting the cap between 1 January 2022 and 31 December 2022, which stands at a base of $135 million plus extras.This... read more »

Haas has this week announced that it will retain driver duo Nico Hulkenberg and Kevin Magnussen for 2024.Team principal Guenther Steiner praised their experience, with Haas... read more »

The introduction of the cost cap for the 2021 season intended to close up the competition between F1 teams, by reducing the effect of the top teams' financial... read more »

Ferrari boss Frederic Vasseur has described Red Bull's penalty for breaching F1's financial regulations in 2021 as "a big joke". read more »

Despite financial restrictions with the F1 cost cap, Aston Martin still have scope to develop their 2023 package amid a mid-season drop in performance. read more »

Williams team boss James Vowles has been seeking greater capital expenditure freedom for his squad, after discovering that its facilities are well down compared to many... read more »

Formula 1's revenue for the second quarter fell to $141m (£110m), with their funds impacted by the cancellation of the Emilia Romagna Grand Prix. read more »

Liberty Media have admitted the Las Vegas Grand Prix has been affected by rising costs - but the company are confident the event will still be a financial success. read more »

The cancellation of the Emilia Romagna Grand Prix meant that the sport has recorded a minus sign in the revenue and earnings columns in the second quarter of 2023 according to... read more »

The cancellation of the Emilia Romagna due to local flooding has impacted the sport's financial results for the second quarter of 2023. read more »

Since 2021, Formula 1 teams are running under a cost cap to keep control of their spending. The sport introduced the financial ceiling to move the field closer and give the... read more »

Christian Horner has revealed Red Bull were "several million" below the F1 cost cap in 2022, amid ongoing fieldwork from the FIA into last year's financial... read more »

The subject of extra 'capex' headroom within the FIA financial regulations has emerged in recent months as a way of attempting to level the playing field, and thus... read more »

George Russell has called on the FIA to hand out harsher penalties to "second-time offenders" amid speculation that three F1 teams have fallen foul of the financial... read more »

The FIA's Single-Seater Financial Regulations Director (F1-FE), Federico Lodi explains how increased capacity within the FIA is helping to reduce timescales, ensure... read more »

Stefano Domenicali believes Formula 1 teams that are caught breaking the championship’s cost cap rules should face sporting sanctions rather than financial penalties. Latst... read more »

Formula One boss Stefano Domenicali has called on the sport's governing body the FIA to hand out sporting sanctions, not financial penalties, to any team that breached the... read more »

Lewis Hamilton says he has agreed the financial terms and length of a contract extension with Mercedes and remains adamant the deal will be confirmed long before the end of the... read more »