Red Bull owner Dietrich Mateschitz is unhappy with the 2015 budget cap proposal after expensive new regulations were introduced this year     read more »

Red Bull owner Dietrich Mateschitz has expressed concern over the implications of Formula 1's planned budget cap read more »

Red Bull boss Christian Horner says he is highly doubtful that the FIA's proposed budget cap, due to be introduced in 2015, will work. read more »

Red Bull's team principal Christian Horner questions whether introducing an F1 budget cap is the best way to cut costs. read more »

Eric Boullier is set to take over as team principal of McLaren according to reports, following the announcement that the Frenchman has resigned from Lotus with immediate... read more »

Formula 1 teams have unanimously agreed that cost reduction and cost control plans will be presented to the World Motor Sport Council (WMSC) in June, before a budget cap is... read more »

Several minor regulation changes have been announced following a Formula 1 Strategy Group meeting in Geneva on Thursday. The group, made up from representatives of Ferrari, Red... read more »

McLaren won't announce their title sponsor when they launch the MP4-29, but fans shouldn't be concerned as they will have their biggest ever budget... read more »

McLaren is unlikely to reveal a replacement for Vodafone when it unveils its 2014 F1 contender on Friday.     read more »

Caterham won't carry on after 2014 if they don't manage to close the gap to the midfield according to owner Tony Fernandes. The outfit slipped back to 11th last year... read more »

McLaren have confirmed that they will not announce a new title sponsor when their 2014 car is launched on Friday, although they have stressed a "larger operational... read more »

McLaren will not announce a new title sponsor when it launches its new car on January 24th, according to managing director Jonathan Neale. The outfit had been expected to... read more »

McLaren's MD reveals no new title sponsor will be announced on Friday, but says the Woking team will have "a larger operational budget available to it in 2014 than in... read more »

Lotus have announced a new sponsor for the 2014 season in the form of Danish investment firm, Saxo Bank. The company's logo will feature on the yet to be launched E22 as... read more »

Lotus F1 chairman Gerard Lopez promises team will be on the grid in 2014 despite ending talks with Quantum Motorsports.     read more »

Lotus team owner Gerard Lopez has moved to allay fears that the team is struggling financially to such a severe degree that it might not make the grid. The Luxembourg... read more »

The opening race of the 2014 season could see over half the grid retire, according to Red Bull team principal Christian Horner. With the teams facing a massive regulation... read more »

Red Bull won't be put off competing in Formula 1 if they continue to dominate the sport, according to Bernie Ecclestone. Some believe the energy drinks company - which has... read more »

Force India F1 team boss Vijay Mallya has welcome plans to bring in a budget cap in 2015 and he believes it can work. read more »

Force India team principal Vijay Mallya believes Formula 1 can make a budget cap work from 2015 despite the failure of previous cost control attempts. read more »

Red Bull boss Christian Horner believes Renault will deliver a competitive Formula 1 engine next year, despite not having the highest budget among suppliers read more »

McLaren team principal Martin Whitmarsh fears it could prove impossible for Formula 1 to ever introduce effective cost controls. read more »

On Monday afternoon, Formula 1 fans were left in a state of shock over the FIA's latest string of regulation changes. While budget caps, minor time penalties and... read more »

Formula 1 will introduce a budget cap from the start of 2015, with basic terms being agreed at a meeting of the sport's Strategy Group and Commission in Paris on Monday. read more »

The FIA has announced that a budget cap will be implemented from the start of the 2015 Formula 1 season. The F1 strategy group and F1 commission met in Paris on Monday where a... read more »