Formula 1 has started the current season very strongly in financial terms as the first quarter of 2024 saw the sport achieve 45% increase in revenue compared to the same period... read more »

Red Bull advisor Helmut Marko has disclosed Sergio Perez’s huge opening-lap crash in Formula 1’s Monaco Grand Prix has cost the team “about two to three million”. Perez was... read more »

Perez damage bill up to three million euros, warns MarkoRed Bull advisor Helmut Marko reckons Sergio Perez's massive Lap 1 crash could cost the team up to three million... read more »

Lewis Hamilton has hit out at claims that Brad Pitt's F1 movie budget has risen to a staggering $300 million. read more »

Red Bull have a hefty bill to pay following Sergio Perez's Lap 1 incident at the Monaco Grand Prix. read more »

Discussions have begun between teams and F1's commercial rights holder about the terms of a new Concorde Agreement deal that will define how the series is run from... read more »

The FIA is looking to include many more items into the cost cap from 2026 onwards, with an initial target figure of around $220 million.Some initial proposals by the FIA... read more »

As reported earlier this week, as part of a planned revamp of the cost cap - which is likely to be expanded to around $220 million - more elements will be brought under its... read more »

As part of the ongoing efforts to frame a new Concorde Agreement, with documents having been recently distributed to teams, talks have begun about where the cost cap will fit... read more »

Lewis Hamilton has been named in the top 10 of a popular UK rich list, with his pre-Ferrari fortune revealed. read more »

There has been a major update regarding Brad Pitt's F1 movie with a release date officially confirmed. read more »

Eight luxury watches belonging to legendary racing driver Michael Schumacher have been put up for sale as part of a mega-money auction in Geneva. read more »

Lewis Hamilton's F1 movie budget has now surpassed $300 million to become one of the most expensive films ever made. read more »

A collection of cars from a F1 legend are set to be auctioned this week, including a world championship winning chassis priced around £5.6 million. read more »

In June 2022, the Advanced Technologies arm of Red Bull's Formula 1 team revealed plans to launch its own £5 million hypercar, penned by Newey.The car will feature a... read more »

ABC's broadcast of Lando Norris's maiden F1 victory attracted an average audience of 3.1 million viewers, which beats the previous record of 2.6 million that watched... read more »

This month the F1 world is celebrating Ayrton Senna, the three-time world champion who died 30 years ago. For many lovers of the sport, he remains the greatest driver of all... read more »

Mercedes are set to make an offer to more than treble Max Verstappen's salary, in an attempt to lure the Red Bull star out of his current contract. read more »

Charles Leclerc has been snapped spending time with a new love during the break between the Chinese and Miami grands prix. read more »

Ferrari's interest in Adrian Newey is ramping up as they look to sign the legendary F1 designer. read more »

Former Formula 1 world champion Nico Rosberg has revealed the hefty contract he was set to have if he remained in the sport. read more »

Ferrari is set to welcome HP as its first title sponsor since 2021 next season, in a deal comparative to Oracle’s lucrative backing of direct Formula 1 rival Red Bull. Sports... read more »

Mercedes have recorded a £5.9 million drop in profits after publishing their accounts for 2023. read more »

On 13 May, in the week leading up to the Emilia Romagna Grand Prix, Christie's Auction House will be offering a selection of watches from the personal collection of the... read more »

The Mercedes Formula 1 team suffered its first winless season since 2011 last term but off-track, there are reasons for the Brackley-based outfit to be positive as parent... read more »