Williams' new CEO, Jost Capito, has described the level of financial support the team are receiving from owners Dorilton Capital as "absolutely fantastic". read more »

Nikita Mazepin says he is determined to "prove myself" in Formula 1 regardless of the financial backing that has facilitated his rise to the championship. Mazepin... read more »

Formula 1 has unsurprisingly posted its biggest ever loss in Liberty Media's financial results covering the 2020 season, which was badly disrupted by the health pandemic. read more »

As F1 reveals the financial figures for the final-quarter in 2020, the sport reports a record loss of $386m (£276m). read more »

Formula 1 has posted a record loss of $386 million as a result of the COVID-19 pandemic, which had a major impact on the 2020 F1 season and therefore the sport’s finances. F1’s... read more »

Williams Racing has announced a renewal of the team's partnership agreement with the Financial Times ahead of the 2021 FIA Formula One World Championship season. read more »

Mercedes technical director James Allison has described the adaption to Formula 1's new budget cap as "a huge challenge" for the team. read more »

McLaren Racing reported a £71.4 million ($98.9m) loss for the 2019 financial year, which was £13m ($18m) less than the £84.4m ($117m) loss is posted in 2018. The team saws its... read more »

Formula 1 will create a working group, which will include drivers, in order to evaluate the possibility of introducing tighter financial control on leading figures in the... read more »

Christian Lundgaard needs a good 2021 Formula 2 season to earn a F1 promotion otherwise he fears his racing career could hit a financial stumbling block. read more »

The FIA and F1 have issued a statement following today's discussions on a number of key topics relating to future Sporting, Technical and Financial Regulations as well as... read more »

Williams team principal Simon Roberts is hopeful the new financial regulations put in place by Formula 1 coupled with last year's takeover has safeguarded jobs. read more »

Formula 1 had to perform a staggering feat of financial engineering to survive 2020, and this month's Flat Chat podcast from GP Racing magazine counts the true cost of COVID read more »

AlphaTauri team principal Franz Tost thinks the effect of the global health pandemic has served as an eye-opener for constructors in a financial sense. read more »

Scuderia AlphaTauri boss Franz Tost says the impact of the COVID-19 pandemic "opened the eyes" of Formula 1 teams over the unsustainable financial nature of the series read more »

Claire Williams has admitted relief about the sale of her family's F1 team as she had been "fed up" of not having the funds necessary to move forwards. read more »

Guenther Steiner has claimed the sponsorship package provided by new rookie driver Nikita Mazepin has helped provide Haas with financial stability in Formula 1. read more »

Haas team principal Guenther Steiner has claimed 'pay drivers' will always have an advantage in Formula 1 over those with no financial backing. read more »

The Financial Times has reported that Formula 1 are holding "active" talks with Amazon over a deal to stream races. read more »

Despite the huge financial benefits that it brings, McLaren CEO Zak Brown says he was thinking more about prestige when the team secured P3. read more »

McLaren Formula 1 team chairman Zak Brown insists that the team's jump to third place in the world championship is more about prestige than any financial benefit read more »

McLaren is now in a position where it can 'have its cake and eat it' in the wake of the financial shot-in-the-arm that has re-energised the Formula 1 team. read more »

Racing Point’s Lance Stroll says he is “fuelled” by critics “who hope he fail” on account of the financial backing he has received in his career. Stroll stepped up to Formula 1... read more »

Guenther Steiner admits there was a "big chance" Haas would have had to quit F1 due to the financial challenges posed by the COVID-19 pandemic. read more »

All 10 Formula 1 teams have signed up to compete through 2025 but Guenther Steiner says there was "a big chance" that Haas could have left the championship. Haas... read more »