Formula 1

F1 suffers 84% revenue drop in Q1 due to pandemic!

The Formula One Group's revenue in the first quarter of 2020 predictably suffered a huge drop on the back of…

6 years ago

Midfield teams' chances of winning boosted by new prize fund - Brawn

Formula 1 director of motorsport Ross Brawn says reduced spending coupled with a more equitable prize fund will boost the…

6 years ago

F1 to test paddock members for COVID-19 'every two days'

Formula 1 boss Ross Brawn says the sport will set up a dedicated unit on race weekends that will test…

6 years ago

Senna fan recreates Monaco '91 with amazing sim rig!

Atsushi Hrok isn't your typical sim racer, but a die-hard Ayrton Senna fan who went the whole nine yards to…

6 years ago

Brawn: F1 budget cap agreement now 'in final stages'

Formula 1 director of motorsports Ross Brawn says an agreement over the sport's budget cap that will be introduced next…

6 years ago

Carey 'increasingly confident' of July start for Formula 1

Formula 1 chief executive Chase Carey says the sport is still targeting a July start for the 2020 season and…

6 years ago

Steiner calls on F1 to be a 'break even business'

Haas F1 team principal Guenther Steiner says that Formula 1 has to adjust its current business model and ensure that…

6 years ago

Maffei: $1.4 billion lifeline will 'preserve health of F1 ecosystem'

A reallocation of assets by Liberty Media has handed F1 a massive $1.4 billion lifeline that will help the sport…

6 years ago

Formula 1 has 'advanced money' to certain teams - Maffei

Liberty Media CEO Greg Maffei says that Formula 1 has extended cash advances to several teams to help them deal…

6 years ago

Liberty boss admits closed door events pose 'economic' challenge to F1

Liberty Media CEO Greg Maffei says F1 will most likely resort to running behind closed doors when the coast is…

6 years ago