McLaren has reported significant financial improvements, annoucing that it has recovered from an AUD $111.8 million (£57.84m) loss in 2022 to a healthy AUD $25 million (£12.9m)... read more »

The Grove-based outfit had gone into the F1 finale in Abu Dhabi hoping to head off a late-season surge from closest rival AlphaTauri in the fight for seventh in the teams'... read more »

The Grove-based outfit is heading into the F1 season finale in Abu Dhabi seven points ahead of AlphaTauri in the fight for seventh place in the constructors' contest. But... read more »

The Aston Martin Formula 1 team has posted a loss of £53m for the 2022 season, a £9m increase on its deficit report. The British marque’s loss comes despite increasing its... read more »

A Ferrari F1 car which the legendary Alain Prost demanded was rebuilt is now set to be auctioned for €2.9m-€3.4m (£2.5m-£3m / $3.1m-$3.7m). read more »

The overall spending of Mercedes-Benz Grand Prix Limited fell from £324.9m in 2020 to £297.4m last year, despite the calendar being extended from 17 to 22 races as the impact... read more »

McLaren Racing reported a £71.4 million ($98.9m) loss for the 2019 financial year, which was £13m ($18m) less than the £84.4m ($117m) loss is posted in 2018. The team saws its... read more »

Latest figures reveal that under CVC, F1 revenues in the first two years of ownership increased by £118.1m ($149.9m) while under Liberty they increased by just £24.4m ($31m) read more »

A filing error by F1 leaves COTA $25.9m (£19.8m) out of pocket and threatens US Grand Prix. read more »

The Mercedes Formula 1 team spent £309.7m in 2017, a rise of £45.9m over the '16 figure reflecting the extra R&D costs of developing a car for the new rules read more »

The Serious Fraud Office are currently "reviewing material" relating to a £3.9million payment made by Formula 1's commercial rights holder to the FIA. read more »

The Serious Fraud Office says it is "reviewing material" relating to a payment made by Formula 1's commercial rights holder to the FIA. read more »

Bernie Ecclestone s mother-in-law has reportedly been kidnapped in Sao Paulo with an estimated ransom of 120 million Brazilian Reals (27.9m) read more »

There is a price to pay for success - and more so for domination - as Mercedes have found out thanks to a £3.2 million ($4.9m) bill just to be allowed to race this year. Thanks... read more »

Formula One's profits fell by £81.2m to £169.9m last year driven by a new deal with the 11 teams. read more »

On Wednesday the Munich Regional Court announced that it had charged Bernie Ecclestone with paying a £28.9m ($44m) bribe in connection with the sale of the sport to CVC in... read more »

Williams Grand Prix Holdings (WGF1) has announced its half-year interim results, with an increase turnover by 57% to £73 million from £46.4m in 2011.... read more »

As Silverstone reports a £1.9m loss, Chris Sylt concludes that the circuit needs to reduce its fee for hosting the British Grand Prix... a move which is hardly likely. read more »

An F1 industry insider tells Pitpass insider business editor Chris Sylt that aborted plans for a rival series to F1 have cost "probably slightly less than £12m but more... read more »