Quantum Motorsports chief Mansoor Ijaz says there is 'zero chance' of its deal to buy into the Lotus team falling through, despite recent delays in the transfer of funds. read more »

Nico Hulkenberg is set to be confirmed as Kimi Raikkonen's replacement at Lotus in the next few weeks according to sources. The German driver looked set to remain with... read more »

David Ward, the challenger to Jean Todt in the upcoming FIA 2013 Presidential election has welcomed the new Concorde Agreement. He did however add that Todt have not yet given... read more »

FIA Presidential candidate David Ward has congratulated Jean Todt for securing a new Concorde Agreement for Formula 1, but has called for the Frenchman to release details of... read more »

FIA presidential candidate David Ward has called for Jean Todt to explain how the FIA will use the extra funds generated by a new Concorde Agreement read more »

Dietrich Mateschitz has been rather generous to Formula 1. In the form of Sebastian Vettel, the Red Bull young driver programme has filled the void left by Michael Schumacher... read more »

Schuberth's F1 ambassadors have all donated crash helmets to aid an auction raising funds for victims of last month's flooding in... read more »

Formula One's initial public offering (IPO) will definitely go ahead in 2013, according to the sport's chief executive Bernie Ecclestone. CVC, which owns a... read more »

John Surtees will use his collection of historic racing machines to raise awareness of the Henry Surtees Foundation.     read more »

The Russian government has provided extra funding for the completion of the F1 circuit at Sochi, but other issues still confront organisers. read more »

Pastor Maldonado's future looks uncertain following the news that Venezuelan president Hugo Chavez has lost his battle with cancer at the age of 58. Chavez has been a very... read more »

The true reason for Luiz Razia’s absence from the track at the Circuit de Catalunya last week has come to the fore, with the Marussia driver admitting that a certain... read more »

Heikki Kovalainen would be in a better position to secure a seat at Caterham for a fourth season, if he had shown greater respect toward the team. That is the view of chief... read more »

Kamui Kobayashi will be back in Formula 1 next year, insists former team-mate Sergio Pérez. The Japanese driver failed to secure a seat for the 2013 season despite... read more »

The 2013 Formula 1 calendar looks likely to consist of just 19 races, with plans to return to Turkey having stalled due to a lack of funds. The FIA released a confirmed... read more »

Michael Schumacher insists that a lack of funds was "a factor" in Mercedes' failure to during the German's three-year stint with the team... read more »

Kamui Kobayashi has confirmed what many of his fans had feared. The Japanese driver won't be racing in Formula 1 in 2013 after failing to secure a competitive seat.... read more »

The Texas and local Austin government have released funds from the Major Events Trust Fund (METF) to the organisers of the United States Grand Prix following the success of the... read more »

Force India insist talent and not sponsorship is the vital criteria in deciding their second driver for next season... read more »

Kamui Kobayashi is so determined to remain in Formula One that he has set up a website which he hopes will help raise funds to keep him on the grid... read more »

Kamui Kobayashi has thanked those fans which have donated or helped raise funds in order to help the Japanese driver secure a seat for the 2013 season. The now former-Sauber... read more »

Sauber have finalised its line-up for the 2013 season following the official annoucement that Esteban Gutiérrez will sit alongside Nico Hülkenberg. The news... read more »

Esteban Gutierrez has all but been confirmed as Nico Hulkenberg's team-mate at Sauber for 2013 after soon to be ex-driver Sergio Perez mistakenly confirmed it. Perez, who... read more »

Pedro de la Rosa isn't confident of qualifying within the 107 per cent regulation for the United States GP after failing to do so throughout both practice sessions on... read more »

The Marussia F1 Team is seeking fresh investment after it made a £49 million loss during the 2011 season, the Guardian reports. The team, which is part owned by... read more »