Red Bull has recorded a revenue increase in its Formula 1 team for the year 2023 after a dominant record-breaking season. The Austrian energy drinks brand has reported £307... read more »

Meanwhile, operating income was up by 61% from $82m last season to $132m for the same period this year.The 10 F1 teams shared payments of $432m between them during the quarter,... read more »

Mercedes-Benz Grand Prix Limited saw a turnover of £475m and profits of £89m in 2022 despite failing to claim a Formula 1 title for the first time since 2014. The company’s... read more »

Both seasons saw seven grands prix held during the April-June period, allowing for a useful comparison as the effects of the COVID-19 pandemic fell away. The number of races is... read more »

Formula 1 has released its second quarter earnings report, which shows a 49 per cent rise in revenue based on the same period in 2021. During the April to June period this... read more »

Formula 1 saw its profits recover in 2021 following a difficult 2020 season, where it posted a $386 million loss because of the coronavirus pandemic. Last year saw the... read more »

The organisation's numbers took a massive hit in 2020 as the COVID pandemic hit and only 17 races were held - most of them without spectators. Overall revenues crashed... read more »

Mercedes team principal Toto Wolff has not ruled out the prospect of Lewis Hamilton and Max Verstappen repeating the title-defining showdowns between Ayrton Senna and Alain... read more »

Aston Martin driver Sebastian Vettel has questioned the derivation of certain areas of F1's revenues, believing some of the monies it receives is "not very pure"... read more »

Liberty Media boss, Greg Maffei basically adopts a 'nothing to see here' stance despite the sport posting a record $386m loss last year and revenues down by 44%. read more »

McLaren Racing reported a £71.4 million ($98.9m) loss for the 2019 financial year, which was £13m ($18m) less than the £84.4m ($117m) loss is posted in 2018. The team saws its... read more »

Mercedes Formula 1 team boss Toto Wolff has denied that money and a Max Verstappen veto were the reasons for the delay over Lewis Hamilton’s new contract with the team. Various... read more »

Formula One revenues crashed by 96 per cent in Q2 2020 compared to the equivalent period of last year according to the latest set of second-quarter results published by... read more »

Formula 1 has produced its 2020 Q2 financial figures - and unsurprisingly, due to the global health pandemic, revenues plummeted and a big loss was incurred. read more »

Formula 1's revenues crashed by 96 per cent year-on-year during the 2020 Q2 period, according to figures released by owner Liberty Media on Monday. Due to the Covid-19... read more »

Ferrari CEO Louis Camilleri has confirmed that the Formula 1 team will suffer a drop in its revenues totaling "high tens of millions" this year. read more »

Some of the European circuits due to host races without spectators on Formula One's initial 2020 calendar have been given one-year contract extensions to compensate for... read more »

Both the Italian GP and Belgian GP have been given one-year contract extensions to make up for lost revenues in 2020. read more »

Formula One team owners McLaren saw group revenues reverse from £284 million ($348.13 million) to £109 million in the first quarter of 2020 due to the COVID-19 pandemic,... read more »

McLaren Group has posted a substantial year-on-year reduction in revenue for the first quarter, with its Formula 1 team also suffering, ostensibly due to the coronavirus... read more »

Haas boss Guenther Steiner reckons a heavily truncated 2020 Formula 1 schedule would be financially more problematic for teams than if the championship was to hold no races.... read more »

Formula 1's Commercial Rights Holder Libery Media has confirmed its commitment to the sport despite the fact that its revenues declined by $200 million in the first... read more »

Formula One could race at circuits not on the current calendar as it seeks to rev up a 2020 season stalled by the COVID-19 pandemic and against a backdrop of plunging revenues. read more »

Ferrari CEO Louis Camilleri has revealed that the team are taking a "big hit" financially with a lack of Formula 1 racing. read more »

New sponsors, including British American Tobacco, have seen the McLaren F1 team's revenues rise by 9.2% in the first six months of the year. read more »