Charles Pic won't be racing in Formula 1 next season after Caterham team principal Cyril Abiteboul confirmed his departure from the outfit. Caterham is the only team yet... read more »

Lotus has announced a new sponsor in Saxo Bank as it looks to secure a solid financial package for the coming season read more »

Lotus have announced a new sponsor for the 2014 season in the form of Danish investment firm, Saxo Bank. The company's logo will feature on the yet to be launched E22 as... read more »

Lotus now has in place the financial platform it needs to avoid the struggles that blighted its 2013 Formula 1 campaign, reckons team boss Eric Boullier. read more »

This season will not see a repeat of last year's financial woes at Lotus, that's according to chairman Gerard Lopez... read more »

Lotus owner Gerard Lopez has played down fears about their financial future and also confirmed that attempts by Quantum Motorsport to take a stake in the team have failed. read more »

Lotus team principal Eric Boullier has refuted claims that his team's delay in finishing their new E22 chassis is caused by financial problems. Instead he notes that... read more »

Caterham team owner Tony Fernandes has warned that Formula 1 risks being plunged into a crisis in which just a small handful of teams might survive. The Malaysian businessman... read more »

Bernie Ecclestone has admitted he's had enough of the current race organisers running the proposed Grand Prix of America in New Jersey. Leo Hindery Jr. and Port Imperial... read more »

Caterham Formula 1 team owner Tony Fernandes has said Formula 1 is currently in a cost crisis. According to the Malaysian business man the sport might look like the most... read more »

Following the news of Gutierrez' signing as the Sauber F1 team's driver for the upcoming season the team also announced Sergey Sirotkin as the... read more »

Kamui Kobayashi may be about to make a comeback in 2014 following news that Caterham are considering the Japanese driver, according to journalist Adam Cooper. The 27-year-old... read more »

Formula 1's current financial structure is "terribly flawed" and undermines its sporting credibility, according to Sauber team principal Monisha Kaltenborn read more »

Vijay Mallya says Sergio Pérez earned his seat with the Force India team on talent alone, stating that he will never be interested in hiring a "pay... read more »

The FIA has confirmed that New Jersey will not feature on the 2014 calendar, but Bernie Ecclestone is certain Formula 1 will visit the following year. The much anticipated race... read more »

The FIA has confirmed a 19-race calendar for the 2014 season during a World Motor Sport Council meeting on Wednesday in Paris. The list sees just one new race in the form of... read more »

Former driver turned pundit Martin Brundle is concerned that Formula 1 is heading for a crisis with regulation changes and financial instability. In particular, the Briton is... read more »

A leading supporter of Jean Todt has been accused by the Kenya Motor Sport Federation (KMSF) of serious financial impropriety. read more »

Marussia team boss John Booth says his team's 10th place in the Constructors' Championship is more of a morale boost than a financial one... read more »

Sergio Perez is confident he will remain a Formula 1 driver next season after he was dumped by McLaren with just a few hours notice. The Mexican has been left to find a vacant... read more »

Kimi Raikkonen will not compete in the final two races of 2013 due to undergoing back surgery next week. Raikkonen had been a doubt to compete in Austin and Brazil due to... read more »

The businessman behind the delayed investment deal that led to financial problems at Lotus insists its conclusion is imminent. read more »

Lotus chief Eric Boullier has insisted that defining the team's financial "scenario" for 2014 is the prerequisite for deciding on their driver plans for next season. read more »

Kimi Räikkönen has fired a warning shot to Lotus that he could choose to sit out the final two races of the season in the United States and Brazil if the... read more »

Kimi Raikkonen says he may not take part in the final two races of the season if his Lotus team do not solve a financial dispute. read more »