The venue for the 2012 US Grand Prix at Austin was dealt a potential blow after the Texas State Senate's finance committee voted 10-4 to pull a $25 million package read more »

Bernie Ecclestone has met a state prosecutor in Germany investigating alleged payments of $50 million to a German banker during the sale of Formula One's commercial rights... read more »

Formula 1 supremo Bernie Ecclestone has been questioned by state prosecutors in Germany as part of an ongoing investigation about alleged payments of $50 million (USD) to a... read more »

The companies which run Formula One released their 2010 accounts yesterday and some of the big figures were immediately picked up by reporters who may not have thought of the... read more »

The total prize pool for F1 teams increased from $544m in 2009 to $658 million in 2010, according the accounts of Formula One Administration Ltd...  read more »

Formula One's 12 teams shared US$658 million in prize money in 2010, an increase of 21% over the previous year read more »

Formula One hopeful Dani Clos is set to bank €1 million of his budget towards making his grand prix debut next season read more »

Silverstone managing director Richard Phillips has confirmed the Northamptonshire-based circuit, which is the home of the British Grand Prix, made a profit in excess of 2... read more »

The British Racing Drivers’ Club (BRDC), owners of Silverstone, have announced that the home of the British Grand Prix turned over a profit in the region of two million... read more »

Mercedes GP Team Principal Ross Brawn made some 100 million pounds by selling his final stake of the outfit which formerly carried his name to Daimler and Aabar Investments at... read more »

Ross Brawn's decision to rescue hundreds of jobs and the Honda Formula One team, have netted him over £100 million. The former Ferrari and Honda team read more »

Nick Fry and Ross Brawn made an estimated £150m between them from the sale of Brawn, the team they bought from Honda for just £1 in 2009. read more »

Whilst Bahrain has been let off its $40 million race-hosting fee by F1 commercial rights-holder Bernie Ecclestone, it seems the teams - and Ferrari in particular - may not be... read more »

IndyCar boss Randy Bernard has issued an interesting challenge to drivers from other series; qualify for and win the 2011 season finale at Las Vegas and you'll collect a... read more »

The IndyCar Series will offer up a $5 million prize fund to any driver from outside the championship who enters and wins the season finale at Las Vegas read more »

Just in case you missed it the first million times he said it, Kimi Raikkonen has "no interest in returning to Formula One"... read more »

Before Sergio Pérez lines up for his first-ever Formula One race, he will be dropping in on his home city of Guadalajara along with his F1 race car. On 26th February, the... read more »

Formula 1 as a sport is expected to be losing an estimated 100 million dollars (61.7 million pounds) as a result of the Bahrain Grand Prix being cancelled. Although race... read more »

Bernie Ecclestone says he will waive the near £25 million ($40m), race fee charged to Bahrain for having Formula One visit the Sakhir circuit. This comes read more »

Bernie Ecclestone will not charge the Bahrain authorities the $40 million licensing fee which is strictly still payable despite the cancellation of the Bahrain Grand Prix read more »

Bernie Ecclestone will not ask Bahrain to pay the $40 million cost of the country¿s cancelled GP... read more »

Tony Fernandes has revealed he rejected a six million pound offer to settle the Lotus naming dispute that has embroiled two F1 teams... read more »

Tony Fernandes has rejected a $10 million offer to settle the ongoing naming dispute over who has the right to use the Lotus name read more »

Helmut Marko has scoffed at claims Red Bull is now Formula One's biggest spender after reports emerged it had spent around €300 million last year read more »

Red Bull Racing has confirmed a technical partnership with Italian shoe brand Geox, it was confirmed in the Valencia paddock on Wednesday morning. Founded in 1995, the company... read more »