CVC has sold a further $500 million stake in Formula 1, almost a month after announcing a 21 per cent sale to a trio of investors for a total investment of $1.6 billion read more »

Formula 1 majority owner, CVC Capital Partners, has sold another stake in the sport raising an additional £320 million ($500m) on top of last months £1... read more »

There is little good news to report about the Lotus F1 team at present. The UK financial website thisismoney.co.uk reports that the Enstone based team has recorded a $32... read more »

Lewis Hamilton isn't thinking about renewing his contract or joining a rival outfit just yet. Instead the 27-year-old says he is focusing on winning the championship. The... read more »

Ferrari have hit out at reports that Fernando Alonso is pulling in a cool '30 million, saying the "airy-fairy" figures are "utter balderdash"... read more »

Ferrari has dismissed reports that its number one driver Fernando Alonso is currently the best paid driver in the sport on a yearly salary of 30 million. read more »

Ferrari has denied claims it pays Fernando Alonso a cool EUR 30 million per season. A French publication called Business Book GP 2012 had claimed the Spaniard is easily... read more »

Ferrari's infamous 'Horse Whisperer' has rubbished claims that Fernando Alonso earns an estimated £24 million per annum in driver wages. A report... read more »

McLaren moved to play down rumours Lewis Hamilton might quit the team even before his contract expires at the end of this year. Reports late last week said that despite McLaren... read more »

Fernando Alonso is reportedly Formula One's highest-paid driver, bringing home a staggering '14 million more than McLaren's drivers... read more »

Lewis Hamilton may already have decided to quit McLaren, according to a reliable source. That is the claim of the French TF1 television commentator Jean-Louis Moncet, writing... read more »

Ferrari hope to raise funds for the families of the victims of the recent earthquakes which have hit the country over the past few weeks by holding an auction. A rare Ferrari... read more »

Fernando Alonso easily tops the driver salary table with a wage almost double that of his nearest rivals, Lewis Hamilton and Jenson Button. Ferrari pay out £24... read more »

Lewis Hamilton could be involved in a tug of war between F1’s four biggest teams, as he makes a potentially career defining decision on his future. The question is... read more »

F1's 'customer engine' teams are worried that the price of power is set to skyrocket. According to Germany's Auto Motor und Sport, teams like Force India... read more »

Sir Jackie Stewart clearly believes Lewis Hamilton should accept McLaren’s offer. It emerged in Monaco that the famous British team is offering the 2008 world... read more »

Dany Bahar has been suspended from his role as chief executive officer of the Lotus automotive group. Bahar was instrumental in relaunching the Norfolk based car company,... read more »

McLaren is set to offer Lewis Hamilton another five-year contract worth in excess of £100 million read more »

Lewis Hamilton looks set to close the gap to the highest paid driver in Formula 1, currently Fernando Alonso, if he accepts McLaren's latest deal to retain his services... read more »

Peter Brabeck, the man tabbed to head up F1's new era, is in line for a potential multi-million dollar stake in the sport. read more »

Toro Rosso estimate that the difference taking part in the Silverstone Young Driver test and the Abu Dhabi edition is as much as half a million... read more »

The Lotus F1 Team has teamed up with Rovio, creators of the Angry Birds game, for the Monaco Grand Prix as both companies look to celebrate their own milestones. Lotus will... read more »

Narain Karthikeyan has played down reports he could lose his seat at HRT because of a lack of sponsorship. An Indian newspaper this week said the 35-year-old is a million euros... read more »

Narain Karthikeyan has played down reports he could lose his seat at HRT because of a lack of sponsorship. An Indian newspaper this week said the 35-year-old is a million euros... read more »

Montreal has been warned to spend around $15 million on the Circuit Gilles Villeneuve or risk losing the Canadian grand prix. La Presse reports that Bernie Ecclestone has said... read more »