F1 business

Shorter season sees Mercedes entry fee cut by $1 millionShorter season sees Mercedes entry fee cut by $1 million

Shorter season sees Mercedes entry fee cut by $1 million

The reduction in the number of races held in 2020 had led to a corresponding cut in the amount that…

4 years ago
Mercedes posts record year in salesMercedes posts record year in sales

Mercedes posts record year in sales

Mercedes’ success is not limited to Formula 1 as the German manufacturer enjoyed a record year in sales in 2016,…

8 years ago
Liberty Media raises £1.2bn to support F1 takeoverLiberty Media raises £1.2bn to support F1 takeover

Liberty Media raises £1.2bn to support F1 takeover

Liberty Media has announced that it has reached agreements with third-party investors to raise $1.55 billion (£1.22bn) in connection with…

8 years ago
Mercedes reports improved financial results for 2015Mercedes reports improved financial results for 2015

Mercedes reports improved financial results for 2015

Mercedes' company accounts have revealed a loss of £22.3 million for the 2015 Formula One season where it successfully defended its Drivers’…

9 years ago
Brown 'would love' role in F1 managementBrown 'would love' role in F1 management

Brown 'would love' role in F1 management

Top motorsport marketing executive Zak Brown admits “I would love to be involved in Formula One” after announcing on Monday…

9 years ago
Apple in talks with McLaren about potential takeoverApple in talks with McLaren about potential takeover

Apple in talks with McLaren about potential takeover

US technology giant Apple has approached the UK-based McLaren Technology Group about a potential takeover, according to a report in the…

9 years ago
Carey confident he can take F1 to ‘another level’Carey confident he can take F1 to ‘another level’

Carey confident he can take F1 to ‘another level’

Formula One Group's new chairman Chase Carey is confident he can take the sport to “another level”, while also saying…

9 years ago
Liberty Media on verge of launching £6.4bn bid for F1Liberty Media on verge of launching £6.4bn bid for F1

Liberty Media on verge of launching £6.4bn bid for F1

Liberty Media, the American media company owned by US magnate John Malone, is about to launch a $8.5bn [£6.4bn] bid in…

9 years ago
F1 profits went up 30% last year, report saysF1 profits went up 30% last year, report says

F1 profits went up 30% last year, report says

Formula One’s operating profits have gone up 30 percent last year to reach $329.9m (£252m) last year on the back…

9 years ago
Verstappen-mania boosts Spa ticket salesVerstappen-mania boosts Spa ticket sales

Verstappen-mania boosts Spa ticket sales

Belgian Grand Prix promoter André Maes has revealed that 70,000 three-day tickets have already been sold for this weekend’s race…

9 years ago
Pro-Brexit Ecclestone confident EU vote won’t affect F1Pro-Brexit Ecclestone confident EU vote won’t affect F1

Pro-Brexit Ecclestone confident EU vote won’t affect F1

Formula One commercial rights chief Bernie Ecclestone is confident that Britain’s decision to leave the European Union will not have…

9 years ago
Four F1 stars in Forbes' top 100 highest paid athletesFour F1 stars in Forbes' top 100 highest paid athletes

Four F1 stars in Forbes' top 100 highest paid athletes

Four Formula One drivers feature in Forbes’ annual top 100 of the world’s highest paid athletes, with Lewis Hamilton ranking…

9 years ago