Tom Garfinkel, the managing partner of Miami's new F1 event, had originally targeted making a profit from the off with his race around the Miami Dolphins stadium.But... read more »

Lewis Hamilton has vowed to help turn Chelsea "into a profit-making organisation" after confirming he is part of a consortium looking to buy the British Premier... read more »

It was important for F1 to make a profit after a tough 2020, and they have done so. read more »

Formula 1 saw its profits recover in 2021 following a difficult 2020 season, where it posted a $386 million loss because of the coronavirus pandemic. Last year saw the... read more »

The organisation's numbers took a massive hit in 2020 as the COVID pandemic hit and only 17 races were held - most of them without spectators. Overall revenues crashed... read more »

George Russell has no doubt Mercedes will benefit from what he has described as his "very wide window of experience" after a three-year spell with Williams. read more »

Lewis Hamilton has parted ways with one of his most iconic road cars, the one-off Pagani Zonda 760 LH, turning a healthy profit in the process. The seven-time Formula 1 World... read more »

Lewis Hamilton has reportedly made a major profit after selling his custom Pagani Zonda. read more »

Results for the third quarter of 2021 show that F1 earned 12% more revenue than in the same period last year, with an increase from $597m to $668m, while a $104m loss was... read more »

Are 6x F1 races in 7 weeks too much for teams to handle? Formula 1's 2022 calendar has caused concern for people working in the paddock, with 23 races being crammed into a... read more »

Daimler chairman Ola Kallenius believes the Mercedes Formula 1 team could soon begin to turn a profit as a result of the new spending cap. read more »

Yesterday's shocking race saw Red Bull Racing profit from others' misfortune to take their first double podium since 2017- sealing their second place in the... read more »

Formula One champions Mercedes spent 333 million pounds ($442 million) in winning both titles last year but still reported a profit, according to the team's published 2019... read more »

Mercedes-Benz Grand Prix Limited, the company which encompasses the Mercedes-Benz AMG Formula 1 team, has released its latest financial results for 2019, which shows it spent... read more »

Alfa Romeo's Formula 1 team boss Frederic Vasseur has urged his squad to profit should any chaotic situation arise at the upcoming Austrian Grand Prix. Formula 1 is set to […] read more »

Formula 1's managing director, Ross Brawn, has said the new vision for the sport should help the smaller teams make a profit every season. read more »

Formula 1's midfield teams should be able to make "a small profit" under Liberty Media's new prize-fund plans. read more »

While some race promoters are open to stage 'ghost races', accepting the loss of the profit from ticket sales, others don't consider event behind closed doors as... read more »

The success of Netflix's 'Drive to Survive' series is proof that Formula 1 should not always prioritise chasing profits, says Ross Brawn read more »

The Formula One Group made a profit in 2019 for the first time in three years, financial results issued by Liberty Media have confirmed read more »

Formula 1's championships might be decided but you could be the big winner at the Brazilian Grand Prix if you pick who will be on the top step in Sunday's race. read more »

Latest financial statements reveal that Toro Rosso's costs were up 5.6% last year, while its net profit fell by 2.5% read more »

Mercedes F1 made £13m profit despite spending over £310m in 2018 read more »

In its efforts to catch Mercedes, Ferrari and Red Bull, Renault turned a £1 pre-tax profit into a £7.8m loss in 2018. read more »

The Renault Formula 1 team generated more income in 2018 than in 2017 but also made a significant profit loss, newly released company accounts show read more »