It is asking for payments of "in excess" of $30,000 per spectator, split equally between "general" and "special" damages.After Thursday's... read more »

Meanwhile, operating income was up by 61% from $82m last season to $132m for the same period this year.The 10 F1 teams shared payments of $432m between them during the quarter,... read more »

The Aston Martin Formula 1 team has posted a loss of £53m for the 2022 season, a £9m increase on its deficit report. The British marque’s loss comes despite increasing its... read more »

Liberty Media has reported slowed growth in F1 revenue in its Q1 financial report. read more »

F1 revenue in 2022 was 20% up on 2021, while team payments were up 8% at $1.15bn (£0.96bn). read more »

With the introduction of a new year, so too comes the official introduction of MoneyGram Haas F1 Team. MoneyGram International, Inc. a global leader in the evolution of digital... read more »

With the introduction of a new year, so too comes the official introduction of MoneyGram Haas F1 Team. MoneyGram International, Inc. a global leader in the evolution of digital... read more »

The Haas Formula One team will have payments and money transfer company MoneyGram (MGI.O) as their title sponsor from next season in a multi-year deal that will provide a... read more »

Haas have given their sponsorship ranks a boost by announcing a worldwide partnership with TransferMate Global Payments. read more »

The Russian driver was dropped by the Haas team on the eve of the season as a result of Russia's invasion of Ukraine.Haas felt it was untenable to continue with him and... read more »

Formula 1 owners Liberty Media have revealed the severity of 2020 by announcing an $877million drop in revenue for last year. read more »

Formula 1 has posted a record loss of $386 million as a result of the COVID-19 pandemic, which had a major impact on the 2020 F1 season and therefore the sport’s finances. F1’s... read more »

In order to promote financial stability, some Formula 1 teams have already received advanced payments, says Liberty Media President and CEO Greg Maffei. read more »

Liberty Media has already stepped in to help a few of Formula 1's struggling teams, advancing payments to help them through the financial crisis. read more »

Formula One has given some of its teams advanced payments in order to ensure they survive the current economic downturn linked to the coronavirus pandemic, Liberty Media CEO... read more »

Liberty Media's President says the corporation has "scenarios for zero races" in 2020 and has advanced some payments to a handful of Formula 1 teams. Formula 1... read more »

Liberty Media president and CEO Greg Maffei has confirmed that Formula 1 has given some teams payments in advance in order to protect the championship's 'ecosystem' read more »

Force India team principal Otmar Szafnauer has suggested Haas boss Gunther Steiner may be "confused" in their dispute over the resurrected team receiving historic... read more »

Despite continued unease from rival teams, Racing Point team principal Otmar Szafnauer has defended a move that should allow his new team to get full prize money payments with... read more »

Formula 1 Group's fourth quarter results have revealed that teams were collectively paid $47million less in 2017, the first year of Liberty Media's tenure. read more »

The 10 Formula 1 teams collectively received $47million less than the previous year during the first season of Liberty ownership read more »

Red Bull chief Christian Horner says Liberty will offer an advance on payments to teams in order to make up for the recent revenue shortfall. read more »

The prize money paid to Formula One's teams crashed by £31m ($41m) in the nine months to the end of September. read more »

Zak Brown says McLaren would be open to a "compromise" regarding the "special payments" that the Woking team and others receive. read more »

Zak Brown claims McLaren is open to budget cap even if it means loss of bonus payments. read more »