Formula One team bosses have agreed on a new engine formula to be introduced in 2014 after several teams had concerns about the proposed inline 4 cylinder engines. The new... read more »

The teams and manufacturers have agreed to drop the controversial 'green' engine formula which was set to be introduced in 2013. At an F1 Commission meeting read more »

Even as the F1 Commission prepares to meet to discuss the issue, teams and manufacturers are no nearer a common engine policy for the sport. read more »

F1's total revenues fell 6.2% to £2.67bn last year despite two races in Canada and South Korea being added to the calendar and three new teams joining the sport. read more »

Cosworth believes that Formula 1's engine manufacturers must work together to find a unified agreement about the 2013 rules amid concerns about the mounting development... read more »

German car manufacturer Audi, says Formula 1 is irrelevant to manufacturers who hope to gain information and technology to better their road cars. Audi's motorsport boss, read more »

F1's leading engine manufacturers side with Bernie Ecclestone over the contentious new 2013 regulations - but FIA President Jean Todt insists he will not be swayed. read more »

FIA president Jean Todt has told engine manufacturers that there will be no delay to his plans to introduce smaller turbocharged power-units in 2013 - although there may be... read more »

Renault Sport has confirmed to GPUpdate.net that it is hoping to supply one more team in Formula 1 next year. Such a happening would require official confirmation from... read more »

Pirelli's director of motorsport Paul Hembrey is expecting high tyre wear at the Turkish GP, saying it's probably "the worst" for tyre manufacturers... read more »

Rupert Murdoch’s News Corp is in the early stages of discussions with regards to forming a consortium to acquire control of Formula 1, according to Reuters. It is believed... read more »

Pirelli boss Paul Hembery looks ahead to the tyre manufacturers return to F1 competition in Australia read more »

Jean Francois Caubet, General Manager of the Renault team, believes that Formula 1’s new engine regulations of 2013 could result in Japanese manufacturers making their ways... read more »

Renault managing director Jean Francois Caubet hints that Japanese manufacturers are reconsidering their decision to quit F1 with new engine rules pending read more »

Despite the reluctance of Bernie Ecclestone and key manufacturers, including Ferrari, Formula One is pushing ahead with a radical new engine formula for 201 read more »

Porsche plays down talk the a return to F1 could be on the cards in the coming years, with secondary focus on manufacturers being viewed as a 'major drawback' read more »

McLaren Mercedes have today publicly congratulated new constructors’ champions Red Bull Racing. The Milton Keynes squad’s one-two yesterday took them to an... read more »

F1's engine manufacturers are apparently poised to oppose plans to introduce new regulations for 2013. read more »