Motorsport

The North American IndyCar motor-racing series has confirmed that a new event on the outskirts of New Orleans will make its debut on the schedule in 2015.

From Virgin Atlantic flights to intergalactic travel, Virgin Racing’s Formula E team principal Alex Tai knows about life in the fast lane.

Greece is interested in securing a Formula One grand prix, according to the motor-racing world championship’s chief executive, Bernie Ecclestone.

Experts in commercial landscape of Formula One met at SportBusiness International headquarters last month to debate the real extent to which stakeholders in the sport are achieving ROI. Will Formula E be competitive to Formula One? Is the sponsorship proposition as attractive to brands as it has been in the past? And who should replace Bernie Ecclestone when he leaves the sport? All of this, and more, was discussed in depth.

Formula One chief executive Bernie Ecclestone has vowed to continue at the helm of the motor-racing series for as long as possible after he agreed to pay $100m (€74m) to bring an end to his bribery trial.

The FIA, motorsport’s global governing body, has announced that the new Sochi Autodrom in Russia is ready to host its first Formula One grand prix race in October.

Formula One team Lotus has seen its losses widen for the year ending December 31, 2013, but has announced it is in talks with several parties over a “long term” title sponsorship deal.

IndyCar teams Ed Carpenter Racing and Sarah Fisher Hartman Racing (SFHR) have announced they are to merge for the 2015 season of the US motor racing series.

Plans for the new TC3 International Series touring car motor racing championship have moved forward after organisers confirmed the launch of a sister series in Asia.

The collaborative business alliance of teams from the North American stock car racing series Nascar has doubled in size with the addition of a further nine members.

BayernLB has rejected a €25m ($33.5m) settlement offer from Bernie Ecclestone in relation to the Formula One chief executive’s involvement in the 2005 sale of the German bank’s stake in the series.

Formula One chief executive Bernie Ecclestone is set to remain the figurehead of the motor-racing series after a German court today (Tuesday) dropped a bribery case against him following the 83-year-old agreeing a $100m (€73.5m) payment to end the trial.

The Victorian Coalition Government has secured a five-year extension to its Formula One race deal to ensure that Melbourne will remain the venue for the motor racing series’ season-opener through to 2020.

Rob Ridley speaks to Gérard Neveu, head of motor racing’s WEC (World Endurance Championship), about growth for the series after it was sanctioned for another three years in June.

Formula One chief executive Bernie Ecclestone has offered to pay €25m ($34m) for the ongoing criminal case against him to be dropped, according to reports.

NASCAR CEO Brian France opens up about heading the family-run motor series, and outlines the challenges and opportunities the billion-dollar business faces in the near future.