Fernando Alonso is the best paid F1 driver, according to the latest Forbes Highest-Paid Athletes list. The Spaniard apparently earns $30 million a year, of which $28m is from... read more »

Singapore Grand Prix organisers have announced that Rihanna is to headline this year's race day concert. The Barbadian recording artist, who has sold more than 41... read more »

Lotus has recorded the biggest financial loss in motor racing history, according to F1 business journalist Christian Sylt. A report in the Telegraph said the Enstone based... read more »

Formula One teams face a massive 150 per cent hike in the cost of their 2014 engine supply when the sport switches to turbo-charged V6 power units. At present, engine supply to... read more »

The face of Formula One might be about to change after German authorities confirmed they will press ahead with bribery charges against F1 supremo Bernie Ecclestone. The... read more »

F1 team Lotus has reportedly sold a $1.5 million stake to a British property investor. Writing in the Telegraph, F1 business journalist Christian Sylt said the buyer is Andrew... read more »

Reports in the German media claim Bernie Ecclestone will be charged with accusations of bribery in Germany later this month. The 82-year-old has been under investigation ever... read more »

Silverstone has been awarded £9.1 million in funding from the Heritage Lottery Fund (part of the National Lottery) to help develop a motorsport museum. The... read more »

Silverstone has confirmed it has been allocated 446,068 from the Heritage Lottery Fund as part of a bid for 9.1 million for its 'Silverstone Heritage Live'... read more »

Silverstone has taken a step closer to gaining a £9 million grant to create a visitor attraction to pay homepage to the rich history of the British GP venue. read more »

Williams has played down reports it suffered a financial loss last year, insisting instead that it is gearing up to expand. Listed on the Frankfurt stock exchange, the British... read more »

Bernie Ecclestone has revealed that prize money will only be given to teams which finish as a top ten constructor in 2013, therefore eradicating the £6.44 million sum... read more »

The Williams Group recorded a £5 million loss in 2012, its latest financial report shows, though it blamed an accounting technicality meant some of its Formula One... read more »

The Williams group recorded a loss of UKP5.0 million in 2012 as a result of the impact of a technical accounting treatment that meant it was deprived of part of its Formula 1... read more »

Williams Grand Prix Holdings has posted a pre-tax loss of £5 million for 2012. The outfit made a profit of £7.4 million in 2011, but has linked the latest... read more »

The team which finishes 11th in the constructors' championship will no longer receive a share of the prize money under the new agreement. Bernie Ecclestone has revealed... read more »

Lloyds Development Capital (LDC) an investment arm of the Lloyds Banking Group, has sold its 25.3 per cent stake in the Marussia Formula 1 team. The outfit has made large... read more »

The city of Austin gained global media coverage worth $191.2 million from hosting the 2012 United States Grand Prix read more »

McLaren and Vodafone will end their seven-year partnership at the end of the 2013 Formula 1 season, the Woking-based outfit confirmed in Melbourne on Thursday. According to... 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 »

Lotus looks set to begin the 2013 season without a title sponsor. Late last year, it emerged that the Genii-owned team was close to announcing a $30 million per year deal with... read more »

Formula One's audience dropped by some 13 million viewers during the 2012 season, according to the latest figures from the sport's annual broadcast report. China led... read more »

Bernie Ecclestone has insisted that the entire grid of 11 teams are financially stable, and the sport won't be losing them because of budgetary problems. His comments put... read more »

David Coulthard has called upon those who criticise the Australian Grand Prix in Melbourne to be more tolerant, describing them as "selfish". The event has attracted... read more »

Marussia parted with Timo Glock because a backmarker team needs every million. That is the claim of Pat Symonds, the former Renault ‘crash-gate’ conspirator... read more »