Take a closer look at Michael Schumacher's 2001 title-winning Ferrari, which sold for over $7.5 million at an auction in New York on Thursday evening. read more »

Michael Schumacher's 2001 title-winning Ferrari has sold for over $7.5 million at an auction in New York. Schumacher's F2001 was auctioned off at Sotheby's… read more »

Abu Dhabi - the race that could cost Toro Rosso $12 million read more »

The prize money paid to Formula One's teams crashed by £31m ($41m) in the nine months to the end of September. read more »

Kimi Raikkonen was on good form at the Brazilian Grand Prix press conference and was no doubt thinking of a million places he would rather be. read more »

AUSTIN -- The hours leading up to the U.S Grand Prix were like nothing F1 had ever seen before. The build-up to lights out in Austin was headlined by the greatest athlete of... read more »

Force India driver Sergio Perez has donated three million pesos (£124,500) to the victims of the earthquake in his homeland Mexico. Tuesday's earthquake -- the... read more »

Sergio Perez has donated three million pesos (£124,500) to support the victims of the Mexico City earthquake which has killed over 200 people. read more »

Force India driver Sergio Perez has donated three million pesos (around £125,000) to help those affected by the recent earthquake in his native… read more »

Force India driver Sergio Perez donates three million pesos (£124,500) to victims of the earthquake in his native Mexico. read more »

Force India COO Otmar Szafnauer believes a $150 million cost cap is entirely possible in Formula One and could be successfully policed by the FIA. Both the FIA and Formula... read more »

Teams have passed up the opportunity to buy shares in Formula One's parent company at a preferable rate. When Liberty Media made its purchase of Formula One six months... read more »

Sebastian Vettel has reportedly been offered a three-year contract by Ferrari worth $138.5 Million. read more »

BAE Systems' new multi-million pound cockpit development and training facility, has been constructed using F1 know how. read more »

Over 2 million people went online to watch Fernando Alonso's first test at the Indianapolis Motor Speedway on Wednesday. Alonso, who is missing the Monaco Grand Prix to... read more »

Force India have lamented the soon-to-be-enforced rules aimed at identifying the individual drivers as that is advertising space "worth $6 million." read more »

Red Bull have called on Formula 1's new owners to introduce "simply, noisy" engines that cost below 10 million or else the Milton Keynes' squad may quit the... read more »

Valtteri Bottas has rubbished claims that he is to earn 8 million euros during his first year at Mercedes. read more »

Max Mosley has urged Liberty Media to cut Ferrari's automatic $100 million bonus "immediately" as it is "very unfair" to the rest of the teams. read more »

Ferrari says it will only consider investing in Formula One if new owners Liberty Media can provide clarity on the direction of the sport beyond 2020. Liberty Media has set... read more »

Formula 1's soon-to-be-owners Liberty Media have warned that Ferrari could lose their automatic $100 million bonus. read more »

Formula One's incoming owners Liberty Media have set aside $400 million worth of shares for teams to invest in. Liberty is hoping to complete its deal to acquire full... read more »

The first image of Michael Schumacher since his 2013 skiing accident, which was taken without consent, is reportedly being offered to European media outlets for 1 million pounds. read more »

A museum is to open at Silverstone after being awarded a £9.1 million lottery grant. Silverstone Heritage Experience, which will be housed in the only… read more »

It may come as a surprise to hear that more races means more money for the FIA, but that is exactly what happens. read more »