Michael Schumacher has extended his multi-million Euro personal sponsorship deal with DVAG for another seven years.     read more »

Heikki Kovalainen has reiterated his determination to reclaim a Formula 1 seat on merit, rather than attempting to secure vast amounts of sponsorship money in order to buy his... read more »

Luiz Razia concedes he needs to find more sponsorship if he wants to make his way onto the Formula One grid as talent is "second hand"... read more »

Luiz Razia has not given up on the dream of racing in F1, but admits that the pressure to find sponsorship could scupper his chances of stepping up in... read more »

Luiz Razia insists he hasn't given up on his Formula 1 dream, but says the need to bring sponsorship means talent is now a secondary requirement. read more »

Ferrari academy driver Jules Bianchi says he is keen to stay with Marussia next season. Bianchi joined Marussia during the final pre-season test, after Luiz Razia was unable to... read more »

Adrian Sutil is refusing to commit his future to Force India with a number of seats becoming available further up the grid thanks to Mark Webber's retirement. The... read more »

Mark Webber fears the quality of drivers on the F1 grid has dipped in recent years as teams seeking sponsorship over talent... read more »

Dietrich Mateschitz has been rather generous to Formula 1. In the form of Sebastian Vettel, the Red Bull young driver programme has filled the void left by Michael Schumacher... read more »

Business editor Chris Sylt reveals that Williams has signed yet another sponsorship deal - this time with American telecoms firm ShoreTel. It is a well-timed deal. read more »

Lotus has recorded the biggest financial loss in motor racing history, according to F1 business journalist Christian Sylt. A report in the Telegraph said the Enstone based... read more »

Much has been said about the arrival of Sergio Perez at McLaren. The young Mexican impressed during his time at Sauber, prompting a move to McLaren to replace the outgoing... read more »

Williams has secured a sponsorship deal with the Kazakhstani investment business TAK Group that will see the name of Kazakhstan's capital, Astana, displayed on the car read more »

The Williams Group recorded a £5 million loss in 2012, its latest financial report shows, though it blamed an accounting technicality meant some of its Formula One... read more »

Sergio Perez has admitted he hopes Telmex becomes a major sponsor of the McLaren team. With the British squad set to lose its Vodafone title sponsorship at the end of the... read more »

McLaren and Vodafone will end their seven-year partnership at the end of the 2013 Formula 1 season, the Woking-based outfit confirmed in Melbourne on Thursday. According to... read more »

McLaren's long-running title sponsorship deal with Vodafone will end later this year read more »

Pastor Maldonado's future looks uncertain following the news that Venezuelan president Hugo Chavez has lost his battle with cancer at the age of 58. Chavez has been a very... read more »

Luiz Razia says he is in a state of shock after losing his seat with Marussia for the 2013 Formula 1 campaign. The 23-year-old Brazilian, who ran into sponsorship difficulties,... read more »

Marussia team boss John Booth says there was no alternative but to terminate Luiz Razia's race contract for the 2013 Formula 1 season, with the Brazilian driver running... read more »

Jules Bianchi has secured a seat with Marussia for the 2013 Formula 1 campaign, with the cash-strapped Luiz Razia missing his final sponsorship payment deadline. The Frenchman,... read more »

Will Luiz Razia's rumoured sponsorship problems open the door for someone else ahead of the Australian Grand Prix? read more »

Heikki Kovalainen has emerged as a surprise contender to keep his Formula One career alive in 2013. Ousted by Caterham, the Finn is reportedly in talks with Marussia about... read more »

The true reason for Luiz Razia’s absence from the track at the Circuit de Catalunya last week has come to the fore, with the Marussia driver admitting that a certain... read more »

Ferrari have announced a new sponsorship deal with UPS, one of the world's largest logistics companies. The deal will see significant branding on the F138 during the 2013... read more »