Steiner calls on F1 to be a 'break even business'
26/04/2020 26/04/2020
Haas F1 team principal Guenther Steiner says that Formula 1 has to adjust its current business model and...
Maffei: $1.4 billion lifeline will 'preserve health of F1 ecosystem'
24/04/2020 24/04/2020
A reallocation of assets by Liberty Media has handed F1 a massive $1.4 billion lifeline that will help...
Formula 1 has 'advanced money' to certain teams - Maffei
23/04/2020 24/04/2020
Liberty Media CEO Greg Maffei says that Formula 1 has extended cash advances to several teams to help...
Liberty boss admits closed door events pose 'economic' challenge to F1
23/04/2020 24/04/2020
Liberty Media CEO Greg Maffei says F1 will most likely resort to running behind closed doors when the...
Brawn: Time for F1 to 'wind it down' and close the void
18/04/2020 19/04/2020
Formula 1 director of motorsport Ross Brawn says the time has come for the sport to "wind it...
Formula 1 scraps 2020 calendar - working on revised schedule
16/04/2020 16/04/2020
Formula 1 has officially scrapped its 2020 calendar from its website, announcing that it will publish a revised...
F1's Project Pitlane reaches 20,000 medical device orders!
14/04/2020 14/04/2020
Project Pitlane, the consortium uniting F1's seven UK-based teams, is helping deliver 20,000 ventilators and breathing aids to...
Brawn: Closed-door races in Europe could kick off F1 season
09/04/2020 09/04/2020
F1 motorsport director says the 2020 season could kick off in Europe - perhaps in July - with...
FIA extends Formula 1 teams shutdown period
07/04/2020 07/04/2020
The FIA's World Motor Sport Council has ratified by e-vote the decision to extend Formula 1's shutdown period...
F1 organisation furloughs staff - Carey takes pay cut
07/04/2020 07/04/2020
The Formula One Group has reportedly placed half of its 500 employees on leave in face of the...
F1 and teams agree to consider changes to budget cap for 2021
07/04/2020 07/04/2020
Formula 1 bosses and the teams agreed at a meeting on Monday to consider changes to next season's...
Smaller F1 teams target budget cap reduction to $100M!
03/04/2020 04/04/2020
Formula 1's smaller teams, who are most vulnerable to the sport's economic downturn following the coronavirus crisis, are...