Formula 1 Commission Meeting: Media Statement
The Formula 1 Commission met today for the first time this year, outlining a broad range of changes to the sport at the highest level.
As we report... Read More...
Red Bull spent over $300-million for 2019 F1 campaign
Red Bull Racing spent £237.3 million ($304.84 million) in finishing third in Formula 1 last season and recognised 'adaptions' would be needed to m... Read More...
Todt: F1 would not have survived without hybridization
The astronomical costs which are part and parcel of current Formula 1 are unsustainable, half a billion dollars to run a championship-winning team... Read More...
Ferrari increase investment in team for the future
Ferrari CEO Louis Camilleri is "increasing investments" into the Maranello marque's Formula 1 team for the future.
That is the news of the auth... Read More...
Hamilton: Only wealthy kids coming through in motorsport
Lewis Hamilton's rags-to-riches story is that of legend, but the four times Formula 1 World Champion fears that the days when kids from working-cl... Read More...
Todt: A cost cap alone will not work in F1
FIA president Jean Todt is adamant that a cost cap in Formula 1 will not suffice to keep budgets in check but is rather keen to see a combination ... Read More...
Inside Line: The road to Formula 1 only for rich kids
How much money does it take to get a young driver from karting, through the junior categories, to knocking on the door of a Formula 1 team? It is ... Read More...
Steiner: They’ve thrown out a good concept to start off with
Amid rumblings that the major Formula 1 manufacturers - Ferrari, Mercedes and Renault - are unhappy with the proposed vision for the sport as set ... Read More...
McLaren spend €225-million to score two points
McLaren scored their first two points of the season at the recent Azerbaijan Grand Prix, but the two points scored on the day cost the team over&n... Read More...
What did Formula 1 teams spend in 2016?
According to a report doing the rounds, Ferrari were the biggest spenders in Formula 1 in 2016 overtaking Mercedes as the biggest spenders at the ... Read More...
Marchionne: I’ve thrown all the money I like to throw at that thing
Winless Ferrari have been told that they must perform better by Ferrari president Sergio Marchionne, who told an investors’ teleconference that he... Read More...