Melbourne has secured the Australian Formula One Grand Prix until 2020 after striking a new deal that will reduce the taxpayer subsidy of around $50 million a year, the head of... read more »

Ferrari will receive a power boost for the remaining races amounting to roughly 20 horsepower thanks to an innovation tested on the Marussia MR03 car. As shown in the image... read more »

The Caterham F1 Team has begun legal proceedings against a group of former employees who were recently sacked in a bid to reduce the outfit's budget and streamline its... read more »

The Caterham Formula 1 team faces legal action from a group of former employees following the recent buyout by Swiss and Middle Eastern investors. In a bid to reduce costs and... read more »

Fernando Alonso says that Ferrari must start reducing the gap to Red Bull if they are to have any hopes of beating the reigning world champions to second place this season.... read more »

Caterham has laid off more than 40 members of staff in a bid to reduce costs and increase efficiency as it looks to regain some ground in the 2014 championship. The Leafield... read more »

Formula One will adopt standing restarts as of the 2015 season, today's World Motorsport Council has agreed in Munich. Along with improvements for the show, further... read more »

Bernie Ecclestone wouldn't be concerned if one or more teams folded resulting in a smaller grid, believing they shouldn't be in the sport if they can't afford... read more »

FIA president Jean Todt has admitted the recent excercise in cost-cutting hasn't gone far enough and it will likely see some teams unable to survive. Whilst budget cuts... read more »

Friday's two 90-minute practice sessions look likely to remain in 2015 following a meeting in Biggin Hill, London, on Wednesday. The Formula 1 Commission convened to... read more »

Formula 1 has reportedly scrapped plans to reduce its practice programme from the 2015 season. read more »

Adrian Newey has broken the silence over his decision to reduce his involvement in Red Bull's Formula 1 operation, explaining that he needed "new challenges and... read more »

Formula 1's smaller teams are not convinced that a push to reduce Friday running will help the drive to lower costs read more »

Friday's running looks set to drop from two 90-minute sessions to just one next season in a bid to reduce costs. The proposal, put forward by the teams, is to push... read more »

Formula 1 is considering altering its Friday programme in a bid to cut costs in the sport. Currently there are two 90 minute practice sessions on Friday, but proposals are set... read more »

Formula 1 is set to reduce the number of practice sessions at Grand Prix weekends from next season. read more »

Formula 1 is planning to reduce the number of Friday practice sessions in order to reduce running costs for struggling teams. read more »

As the teams squabble over how to reduce costs the latest topic of debate is that of customer cars. read more »

FIA president Jean Todt says that the cost cutting proposals put forwards by the Formula 1 teams are a 'joke'. Todt summoned a meeting of Formula 1's 11 teams... read more »

Ferrari debuted several minor developments at the Spanish Grand Prix, but the largest and by far the most noticeable was the rear-wing assembley. The F14-T has suffered from an... read more »

FIA president Jean Todt has called the suggestions to reduce spending put forward by six of the biggest teams a "joke". The F1 Strategy Group, which includes Todt,... read more »

Thanks to our improvements, which we brought here on the car, we managed to reduce the gap to the midfield contenders. read more »

A complicated arrangement involving offshore trusts has allowed F1 supremo Bernie Ecclestone to reduce a potential tax bill by more than 1bn. read more »

The FIA's International Court of Appeal has ordered Red Bull to pay all costs associated with their failed hearing to get Daniel Ricciardo's second place at the... read more »

The FIA has called an urgent meeting to discuss ways to reduce costs in Formula 1 following a World Motor Sport Council meeting on Friday. The governing body will meet with... read more »