Feb.2 (GMM) F1 team owner Dietrich Mateschitz has donated a staggering EUR 70 million to a medical research university in his native Austria. The local 'Salzburg... read more »

According to reports in Spain, the second seat at HRT will cost at least six million Euros and Giedo van der Garde has what's required... read more »

Jan.18 (GMM) The eventual occupant of the second race seat at HRT - the final place on the 2012 grid - will bring "no less" than EUR 6 million to the table. That is... read more »

The eventual occupant of the second race seat at HRT – the final place on the 2012 grid – will bring “no less” than EUR 6 million to the... read more »

Jan.4 (GMM) World champion Sebastian Vettel has revealed he hopes Rubens Barrichello can extend his longest-ever formula one career into 2012. At the age of 39, the Brazilian... read more »

World champion Sebastian Vettel has revealed he hopes Rubens Barrichello can extend his longest-ever Formula 1 career into 2012. At the age of 39, the Brazilian veteran of well... read more »

The BBC has defended its decision to split Formula One's UK broadcasting rights with Sky in 2012 and revealed it will save the corporation £150 million by 2018 read more »

Formula 1 could return to Argentina from the 2014 season, with the Velociudad Speedcity Circuit near Buenos Aires set for construction. The investors behind the ambitious $100... read more »

Dec.16 (GMM) Mark Webber has been overtaken as Australia's highest-earning sportsman. Business Review Weekly's annual analysis of the country's rich and... read more »

Dec.1 (GMM) Jacques Villeneuve has revealed he turned down the chance to contest the 2011 Indycar season finale because he considered it too dangerous. Ultimately, it was the... read more »

Team Lotus finally sealed the all-important tenth position in the constructors table resulting in a multi-million pound prize revenue after Heikki Kovalainen and Jarno Trulli... read more »

Bernie Ecclestone admitted his ex-wife spent more than £12 million on the daughter's wedding earlier this year read more »

Bernie Ecclestone has showed his support for a Qatari bid for Silverstone, with a consortium known as The Alpha Group bidding to buy the circuit from the BRDC (British Racing... read more »

Oct.28 (GMM) The future of the Russian grand prix could be in Moscow. The huge country is already scheduled to join the 2014 calendar, with the federal government allocating... read more »

The Russian government intends to spend nearly US$200 million building a Formula One circuit in Sochi, according to a senior government official... read more »

Russian government to put nearly $200 million into building the new F1 circuit in Sochi read more »

The government of Russia intends to spend almost 200 million dollars on its new Formula 1 circuit, which is set to join the calendar from the 2014 season. read more »

The Russian government will spend about $200 million to build the circuit that will host the country's first Formula 1 grand pix in 2014. read more »

Preparations for the Indian GP have been underway for nearly a year, and by race day, around one million simulations of the race will already have been completed. read more »

Martin Brundle has denied rumours that he has signed a £1 million contract with Sky to lead their Formula One coverage from next year... read more »

Oct.19 (GMM) Red Bull's championship spoils are worth tens of millions of euros, according to a report. Germany's Sport1 claims the 2011 constructors'... read more »

Force India driver Paul di Resta believes their recent resurgence will be boosted by a multi-million pound investment in the team. read more »

India's Sahara Group has bought a 42.5% stake in Force India in return for $100 million of investment, with the team being renamed Sahara Force India read more »

Tuesday saw construction work recommence at the Circuit of the Americas in Austin, Texas, which is set to be home of the returning Unites States Grand Prix in November 2012.... read more »

Bernie Ecclestone has confirmed that he will appear in court in order to provide evidence for the Gerhard Gribkowsky bribery case, with a hearing taking place in Munich later... read more »