Lotus team co-owner Gerard Lopez has hit back at claims the outfit is in financial crisis after reports suggested the team has debts of over £103 million... read more »

Lotus have reportedly paid "all salaries" to staff amidst rumours of financial trouble at the F1 team... read more »

Lotus has responded to downcast rumours over its current financial state, the team informing GPUpdate.net on Tuesday afternoon that all salaries have been paid. read more »

The annual list of F1 salaries has again been published, and while Fernando Alonso remains top, he has now been joined by Lewis Hamilton.     read more »

McLaren managing director Jonathan Neale says Mercedes is offering "telephone number salaries" to bring in personnel as Paddy Lowe looks set to join the team read more »

McLaren managing director Jonathan Neale insists his team are not prepared to "pay telephone number salaries" to keep hold of personnel... read more »

Formula 1's days of 'excess' with glittering car reveals, huge motorhomes and big buck salaries are over, reckons McLaren team principal Martin Whitmarsh read more »

Ferrari's infamous 'Horse Whisperer' has rubbished claims that Fernando Alonso earns an estimated £24 million per annum in driver wages. A report... read more »

An up-to-date list of F1 driver salaries has been published, revealing just who is being paid what this season... read more »