Formula One paid just £1 million in corporation tax in the UK in 2011 despite profits in excess of £300 million, due to a series of complex tax arrangements, according to The Independent.
Dorna Sports, Facebook Watch extend MotoGP content deal
Motorcycling’s MotoGP World Championship, through its commercial rights-holder Dorna Sports, has extended its agreement with Facebook for another year.
Red Bull Racing adds Cash App, McLaren signs up Alteryx
Personal finance, bitcoin and investment platform Cash App has signed with Formula 1 outfit Red Bull Racing as the team’s official ‘Financial Education Partner’.
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Verizon named title sponsor of Nascar Cup Series race on IMS road course
American telecommunications giant Verizon has secured a multiyear partnership with Indianapolis Motor Speedway to become the title sponsor of the Nascar Cup Series race on the IMS road course, starting …
BWT expands F1 presence with title sponsorship of upcoming Austrian GPs
Formula 1 has signed up water treatment supplier BWT as title sponsor of its two upcoming grand prix events in Austria