Work to modernise the Autodromo Nazionale Monza is now underway with the hopes of securing the circuit’s long-term future on the Formula 1 calendar. Monza and Imola, host of... read more »

FIA’s Single Seater Director Nikolas Tombazis believes that whilst Formula 1’s cost cap has helped curb spending, teams struggle to throw money at improving an underperforming... read more »

Perched atop a skyscraper in Bengaluru, India, Vijay Mallya's $20 million mansion stands as a symbol of luxury and controversy. read more »

Max Verstappen broke numerous records in the 2023 Formula 1 season, surpassing his own point tally milestone. However, the weight of his remarkable achievements comes with a... read more »

The Alpine Formula 1 Team has finalised the sale of a shareholding valued at €200 million to a group of US-based investors. Earlier this year it was announced that Otro Capital... read more »

Renault Group and Alpine have announce the closing of the investment by Otro Capital of €200 million in Alpine Racing Ltd, announced earlier this year. read more »

In June it was announced that Otro Capital had acquired a 24% share in Alpine Racing Limited for €200 million, a deal that valued the Enstone company at around $900... read more »

The FIA has reiterated its stance on the governing body’s financial situation after former President Jean Todt dismissed claims of a monetary deficit. Todt was adamant in his... read more »

Max Verstappen will be reportedly charged over €1.2 million to secure the superlicense he needs to compete again next year. The three-time world champion won 19 of the 22 races... read more »

Brad Pitt and Lewis Hamilton's new Formula 1 based film has reportedly scrapped most of its footage, despite spending £14 million. read more »

The prize money expected to be earned from the 2023 season by F1 teams have been revealed, according to reported estimates. read more »

The new Formula 1 based film is reportedly facing financial issues after allegedly spending $20 million on creating replica F1 cars, despite having the actual cars available to... read more »

Formula 1 Constructors’ Champions Red Bull led the way in prize money earnings for the 2023 campaign, receiving an estimated $140 million. F1 is many things; sport,... read more »

Red Bull will have to pay almost £6 million as an entry fee before the start of the 2024 Formula 1 season - a record amount for any team. read more »

The Yas Marina Circuit will host a driverless race using adapted Super Formula machinery as the inaugural event of the Abu Dhabi Autonomous Racing League. Scheduled for April... read more »

Lewis Hamilton's first race-winning Mercedes F1 car from 2013 has been sold for a ridiculous $18.8 million. read more »

To launch the Vegas race, which F1 has promoted itself at a cost of £355 million so far, an opening ceremony was held on the main straight on Thursday. Kylie Minogue and 30... read more »

With over $500 million spent on the Las Vegas Grand Prix, the pressure is on for Saturday's race to lay the rubber for the coming years. But with a strong backlash from... read more »

Red Bull driver Max Verstappen has denied Lewis Hamilton £15 million in Formula 1 world championship prize money for the third season in a row. read more »

The 2023 Mexico City Grand Prix may not have gone the way local fans trackside were hoping for, but the event attracted its highest-ever US television audience since returning... read more »

The newly constructed 'Sphere' in Las Vegas has reported losses of nearly $100 million on an earnings call just weeks after opening. read more »

The Las Vegas Grand Prix is at risk of major disruption as tens of thousands of hospitality workers prepare to strike, potentially jeopardising the scheduled race weekend. read more »

Max Verstappen is set to break another Formula 1 record but at a high cost, with the world champion expected to make history by paying over €1 million for his FIA Super Licence. read more »

Formula 1 has seen a 24 per cent year-over-year increase in revenue, to the tune of $887 million in the third quarter of 2023. A series of factors impacting the three-month... read more »

F1 has gone to great lengths to revive the Las Vegas race, acquiring permission to race on the gambling haven's iconic Strip and taking on the promotion of the race... read more »