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Williams reveals more than $50 million loss

The Williams Formula One team made a loss of 42.5 million pounds ($64.34 million) in 2014 but said on Monday they expected a significant improvement next year once they are over the lingering 'hangover' of...
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Sutil set to add more legal trouble for Sauber

Sauber's ongoing legal troubles could be set to explode again next week in Spain. Ahead of the 2015 season opener, the Swiss team found itself in a near-terminal court struggle with Giedo van der...
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European investigation into Formula 1 unlikely

Formula 1 teams must lodge a formal complaint or the European Commission will not launch an investigation into the sport. That is the claim of F1 business journalist Christian Sylt, following reported...
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VW chief steps down and F1 speculation grows

Once again, the Volkswagen-to-Formula 1 speculation are gathering speed. At the Bahrain grand prix, Bernie Ecclestone was told of rumours that as long as he is chief executive, Volkswagen Group...
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Montezemolo denies calling for Ecclestone axe

Luca di Montezemolo has denied calling for Bernie Ecclestone to step down as Formula 1 supremo. The former Ferrari president had been quoted by German monthly Manager Magazin last week as urging F1...
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Hamilton remains richest sports person in Britain

Lewis Hamilton remains the richest sportsman in Britain with a fortune of £88m but Wayne Rooney has overtaken Jenson Button to be in second place in the 2015 Sunday Times Sport Rich List. F1 world...
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Marko: Ricciardo is on the same level as Vettel

Red Bull is happy with its current driver lineup, Helmut Marko insists, while claiming that Daniel Ricciardo is on the same level as four times Formula 1 world champion Sebastian Vettel . The former...
Roberto Merhi (ESP) Manor Marussia F1 Team.

Spanish Grand Prix might be Merhi’s last for now

El Mundo Deportivo are reporting that Roberto Merhi will contest the forthcoming Spanish Grand Prix, although Manor are yet to confirm the news. "Whether he stays beyond that will be decided after the...
2014 Formula One Austrian Grand Prix, Red Bull Ring, Spielberg, Styria, Austria, 19th - 22nd June 2014. Red Bull Racing fans, Portrait, World Copyright: © Andrew Hone Photographer 2014. Ref: _ONZ9282

German GP demise good for Austria believes Lauda

Mercedes F1 chief Niki Lauda insists he has no sympathy for organisers of the now-defunct 2015 German grand prix. After a six-decade run for the key German market on the F1 calendar, neither Hockenheim...
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Revamped Valencia could return to F1 calendar

After a five year absence Valencia could be set to return to the Formula 1 calendar in the near future. The streets of the Spanish port city hosted five grands prix until 2012, but those race organisers...
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Formula 1 technology moves the freezer deparment

Formula 1's cutting-edge aerodynamic technology is moving into the supermarket chill cabinet.Williams Advanced Engineering announced on Friday they had partnered with start-up Aerofoil Energy to develop...