Formula 1’s managing director of motorsport, Ross Brawn, has said an agreement is close to being reached that will see the proposed team budget cap set at $145m (€133.7m)
F1 approves $145m team budget cap as returning Dutch GP set for 2021
The International Automobile Federation (FIA) has approved a package of cost-cutting measures for Formula 1 that will include a $145m (€131.7
Ferrari chief sceptical over Formula One cost cap
Ferrari president Luca di Montezemolo has expressed his doubts that a cost cap will be the correct method to address escalating spending in the Formula One motor racing series.
Foxtel channels attract 437,000 viewers for F1 finale
The controversial end to the 2021 Formula 1 season drew a strong audience in Australia, with 437,000 viewers staying up late to watch Max Verstappen win his first championship by overtaking Sir Lewis Hamilton…
McLaren Racing signs with Immersive Labs as CEO Brown talks up team’s tech platform
McLaren Racing has signed up cyber security specialist Immersive Labs to its sponsorship portfolio.