Formula 1's leading figures are adamant that a three-year cost cutting plan discussed in the F1 Strategy Group is the best way to sort out the sport's budget problems read more »

Force India has further expanded its driver development scheme by entering GP3 with Hilmer Motorsport. read more »

Force India is aiming to develop a young driver scheme similar to that of Formula 1 rival McLaren in order to find new talent read more »

F1 bosses decide against extending the controversial double points scheme to the final three races of the season. read more »

Martini, one of the motor racing's most iconic sponsors, is set to bring its famous white, blue and red colour scheme back to Formula 1 with Williams this year read more »

Force India has expanded its driver development scheme by teaming up with GP2 outfit Hilmer Motorsport. read more »

Bernie Ecclestone wants to extend his controversial double-points scheme to the season's last three races of the F1 season. read more »

Kevin Magnussen dominated the penultimate round of the Formula Renault 3.5 Series at Paul Ricard in France to stand on the brink of the title. Magnussen, part of... read more »

Mark Webber has described Daniel Ricciardo's promotion to Red Bull as "the perfect scenario" for the oufit, with the Toro Rosso driver becoming the... read more »

Toro Rosso team boss Franz Tost says Red Bull's decision to sign Daniel Ricciardo as the replacement for Mark Webber fully justifies its young driver programme. read more »

Red Bull’s young driver programme has had a mixed rate of success over the past decade. They’ve found plenty of duds in the pack, but one – Sebastian Vettel – has gone on to... read more »

Slow ticket sales force Silverstone to offer 'buy-on-the-gate' scheme to Formula 1 fans in bid to boost crowds. read more »

Six drivers have been included on the roster of the revamped Caterham talent development scheme, including Alexander Rossi and Britain's Matt... read more »

F1 team bosses have voted to introduce a penalty points system for 2014 that could see drivers banned for repeat offenses. Germany’s Auto Motor und Sport, and Speed... read more »

Sauber are the latest Formula One team to reveal their 2013 car at an event at their Hinwil factory in Switerland on Saturday. Drivers Nico Hulkenberg and Esteban Gutierrez... read more »

Sutton Images - the official photographic supplier of GPUpdate.net - is once again showing support for the Great Ormond Street Hospital (GOSH) this year, with the company... read more »

Abu Dhabi Grand Prix victor Kimi Raikkonen has given his entire Lotus team T-shirts, featuring his famous radio message, according to BBC Sport. Over 500 T-Shirts, carrying the... read more »

A Nurburgring official has admitted the German circuit cannot afford to host formula one next year. As per the existing German GP alternating scheme with Hockenheim, the... read more »

Speaking to the Guardian, Bernie Ecclestone insists he is serious about plans for a London Grand Prix and is already working on the scheme read more »

A bid to transform the London Olympic Park into a Formula 1 circuit post-games has been put forward and is under consideration by the London Legacy Development Corporation. The... read more »

Valencia race chief Gonzalo Gobert has confirmed moves are afoot to host the European grand prix street race only once every two years. It emerged recently that the regional... read more »

Formula 1 fans will have the opportunity to see their own face on a Red Bull Racing car at this year’s British Grand Prix. The scheme is part of a charity support... read more »

Caterham F1 has strongly suggested that it will retain a green and yellow colour scheme for the 2012 Formula 1 season, as per an image uploaded through the team’s... read more »

Last weekend’s motorsport gathering at Birmingham’s NEC saw the launching of a brand-new, fan-friendly scheme. motorsportXS, proudly ‘by the fans... read more »

An annually alternating race date would be a “good” solution to Spain’s Formula 1 crisis. That is the claim of F1 chief executive Bernie... read more »