Former FIA president Max Mosley has labelled the amount Formula 1 drivers are now being paid as 'absurd'. The Briton's comments come after news that Lewis... read more »

Max Mosley says driver salaries in Formula 1 have become 'absurd' amidst reports that Lewis Hamilton's deal is worth up to £100 million. read more »

FIA president Jean Todt says the governing body cannot ban alcohol advertising in Formula 1, despite repeated calls from Eurocare: The European Alcohol Policy Alliance. Three... read more »

Formula 1 looks set to head down the customer car avenue within the next few years after the matter was discussed at length during a recent Strategy Group meeting. Whilst a... read more »

One hundred million pounds sounds like a lot of money. To most of us, that's because it is. But for those rarefied individuals who are accustomed to negotiating in the... read more »

Ferrari received by far the largest prize money payout last year, $164 million (£104m), despite finishing just fourth in the Constructors' Championship. Meanwhile... read more »

The Sauber Formula 1 team has thrown its support behind former FIA president Max Mosley's proposal for a budget cap with a twist. The 75-year-old called upon the sport to... read more »

Former FIA president Max Mosley has urged Formula 1's rule-makers to consider a budget cap once again, amid an ongoing financial crisis which has somewhat been swept under... read more »

Valencia, former home to the European Grand Prix, could return to the Formula 1 calendar in the future if a Singapore based development consortium gets its way. The venue,... read more »

Lewis Hamilton has been named the wealthiest British sportsman following a successful season in 2014 which saw him crowned a two-time world champion. The Mercedes driver has... read more »

Pirelli's Paul Hembery has called for changes to the sport which would make drivers the stars of the show once again, rather than a focus on complicated technology. His... read more »

Lewis Hamilton is closing on a new Mercedes deal reportedly worth £27 million a year and he expects it to be closed this week read more »

Lewis Hamilton and Mercedes are set to sign a new deal which will see the current championship leader staying with the Anglo-German outfit until 2018. It's believed the... read more »

Niki Lauda is saddened by the loss of Mercedes' home race - the German Grand Prix - which has been a feature of the Formula 1 calendar every year since 1956. The race has... read more »

Giedo van der Garde is likely to drop his legal case against the Sauber team, after further talks which are believed to have resulted in a financial settlement. The Dutch... read more »

Bernie Ecclestone says the Manor Marussia F1 Team will have to pay for its own freight to be shipped from Australia to Malaysia as punishment for failing to take part in the... read more »

Lewis Hamilton has denied contract negotiations between him and Mercedes are being held up by the huge sum of money he is demanding in order for the team to retain his services... read more »

Fernando Alonso was wrong to criticise Ferrari last year according to Jacques Villeneuve, who says the Spaniard was suffering from what he describes as 'god... read more »

FIA president Jean Todt has called the decision to switch to V6-hyrbid engines "one of the few sensible" ideas Formula 1 has made in recent times. That's despite... read more »

McLaren have confirmed that they are continuing to offer the Manor Grand Prix team "affordable support" as it bids to return to the grid in time for the first race.... read more »

With confirmation that Manor has exited administration, the good news continued on Friday with Ferrari confirming it will supply the team with engines. Manor, which raced under... read more »

German carmaker Audi has been linked with joining the Formula 1 grid on several occasions and every time a new rumour is spread, it's quickly denied. This week's... read more »

The Brooklands Museum development scheme has received a massive boost with a multi million pound grant from the Heritage Lottery Fund. read more »

McLaren chairman Ron Dennis says a title sponsor must be willing to stump up around £50 million ($76m) a season if it's to have its logo on his car. The Woking team has... read more »

Formula 1 might be suffering from declining television audiences in almost every territory it's shown, but the United States has bucked that trend according to the latest... read more »