Formula 1 sets $200M entry fee for new teams!

Any new Formula 1 team wishing to join the grid in the future will be required to fork...

Formula 1 quarterly revenue tumbles 96%, hit by COVID-19!

Formula 1 saw its second quarter 2020 revenue crash by 96 percent compared to the same period last...

F1 granted amendment to $2.9bn loan to help weather crisis

Formula 1 has received an amendment to its term loan and credit facility to help the sport weather...

Mercedes set to pick up new ROKiT sponsorship deal

Sources at the Williams F1 team have responded angrily to reports that its former title sponsor ROKiT is...

Liberty taking cautious approach to future of live events

F1's commercial rights holder Liberty Media is taking a "step-by-step cautious" approach to the future of live events...

Formula 1 signs up energy group Aramco as global partner!

Formula 1 announced on Tuesday a new long-term global sponsorship deal with Saudi Arabian energy group Aramco. The...

F1 back in profit after two years of losses

The Formula One Group has reported a profit of $17 million for 2019, according to financial results posted...

Formula 1 says criticism of Pay TV is 'oversimplification'

Formula 1 has been criticized for its switch to a pay TV model which has cost the sport...

Formula 1 says goodbye to Tata as marketing partner

Formula 1 and marketing partner Tata Communications have parted company after eight years working together. The decision to...

Formula 1 reports quarterly rise in operating income

Formula 1 reported this week a year-over-year $5m increase of its operating income for the third quarter of...

Formula 1 and Hard Rock Stadium reach Miami GP deal!

The Formula One Group and Hard Rock Stadium have concluded an "agreement in principal" to bring F1 to...

Red Bull: Teams being 'pushed and pulled' over 2021 rules

Formula 1 teams say that they are feeling the strain over future car development as they continue to...