As the teams claim they are cash-strapped and hard done by, Pitpass reveals that in the past 5 years, in the midst of the global economic crisis, their prize fund has increased... read more »

Sebastian Vettel increased his advantage over the rest of the field as practice continued in Melbourne on Friday afternoon, with the German producing a time of 1:25.908 on the... read more »

Formula 1 rookie Max Chilton says the uncertainty surrounding the identity of his Marussia team-mate has been a big advantage as it has increased the amount of track time... read more »

Niki Lauda says Mercedes can now fight the top three teams in 2013, despite their woes last season which saw them finish fifth in the constructors' championship. The... read more »

Esteban Gutierrez believes Sauber has made good progress with the level of downforce on its new car this year read more »

Mercedes' spending on its Formula 1 team has spiralled, according to its latest corporate accounts for the 2011 financial year. The Anglo-German outfit spent... read more »

Gian Carlo Minardi, former team principal of the Minardi F1 Team has spoken out about the current state of F1. According to the Italian, F1 is slowly going back to the state... read more »

Formula One teams managed to reduce their overall carbon emission output between 2009 and 2011 by seven per cent, according to figures from the Formula One Teams'... read more »

Red Bull boosted its F1 budget last year due to increased promotion of its back-to-back championships. Perhaps ironically, the more it wins, the more it spends. read more »

Max Chilton will occupy the empty seat at Marussia according to the president of the Russian supercar company which holds a significant stake in the Formula 1 team. Speaking to... read more »

Ron Dennis has revealed that McLaren would have faced a two-year ban from Formula 1 had he taken the FIA to court over the 'spygate' controversy. McLaren were found... read more »

The World Motor Sport Council (WMSC) met on Tuesday to agree a raft of changes to the 2013 and 2014 regulations, which the FIA published on Wednesday. Next season will see... read more »

McLaren's Formula 1 team enjoyed a 44 per cent rise in its annual profits in 2011 according to its latest set of accounts.  The outfit posted profits of... read more »

The Red Bull F1 team will officially be known as Infiniti Red Bull Racing from next season after agreeing a title sponsor deal with the Nissan owned luxury car manufacturer.... read more »

Force India's finances for 2013 have been bolstered following a cash injection of £50 million ($80m) for 2013, giving them an increased budget for the season.... read more »

Sergio Perez vows to fight for points in the US Grand Prix. Perez qualified only fifteenth but aims to put on a show for his Mexican fans. “We have lost a lot of... read more »

In 2013, the use of the drag reduction system will be limited to the same area as in the race throughout the entire race weekend. Charlie Whiting has today confirmed that the... read more »

Pirelli will supply the teams with an additional set of hard tyres in Austin in order to encourage increased running during practice. The extra laps should help the teams to... read more »

Sergio Pérez is looking forward to increased support at the Circuit of the Americas next weekend, with the Mexican expecting plenty of fans to cross the border and... read more »

Mercedes F1 are hoping for a big budget increase for next season, with reports suggesting that they will get almost a third more in order to back Lewis Hamilton's arrival. read more »

F1 teams will have to pay more to compete next season after the FIA increased the entry fee with the winning constructor paying $6000 per point... read more »

Formula 1 drivers should have a better chance of overtaking at the 2012 Indian Grand Prix thanks to the introduction of an extended DRS area for this year's race read more »

Kimi Raikkonen took fifth while Romain Grosjean finished seventh in a fast-paced and intense Korean Grand Prix today. Kimi maintains third position in the Drivers'... read more »

McLaren have hailed Lewis Hamilton's drive as 'epic, stirring, majestic and the teams hardest fought point in a very long time'. The 27-year-old qualified third,... read more »

Kimi Raikkonen came home a solid sixth, maintaining his third position in the Drivers' Championship, whilst Romain Grosjean finished a classified 19th after retiring... read more »