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Formula 1

  • Fashion in Formula 1: How the paddock became global catwalk

    Sport Business

    The world of fashion has so often been seen as belonging to a select few outposts in London, Milan, Paris and New York. But in 2026 it now belongs, at least in part, to sport.  That’s not to say Roman Abramovich is buying Vogue or the Saudi Arabian Public Investment Fund ponders whether to back [...]

    Lewis Hamilton in white suit, bow tie, beret, and pearl brooch looking directly at the camera.
  • Exclusive: Airwallex and McLaren to renew partnership as valuations soar

    Sport Business

    Fintech Airwallex will today extend its partnership with the McLaren Formula 1 team after both organisations enjoyed steep valuation boosts, City AM can reveal. The partnership, initially announced in 2024, will be renewed and upgraded, making Airwallex the Formula 1 constructors’ champions’ AI finance partner. It comes amid a boom for both brands. McLaren was [...]

  • McLaren could earn £50m from sale of five Formula 1 cars

    Sport Business

    Five McLaren Formula 1 cars could fetch £50m after the team put chassis belonging to the likes of Ayrton Senna, Lewis Hamilton and Lando Norris up for sale. The models range from 1991 through to 2023 – the most modern Formula 1 car ever offered for private ownership – and are expected to go for [...]

    F1 Grand Prix of Abu Dhabi
  • Tottenham Hotspur owed money after Big Zuu water brand Drip is liquidated with £9m debts

    October 14, 2026

    They say it never rains but it pours: struggling Tottenham Hotspur’s latest problem is Drip, the canned-water company owned by celebrity chef Big Zuu, whose liquidation has left the club high and dry. Spurs signed a deal in 2024 making Drip the official front-of-training-wear partner of the women’s team, with much fanfare around the shared [...]

  • Formula 1 set for Africa return after 40 years with Rwanda race

    October 13, 2026

    Formula 1 will return to Africa for the first time in 40 years after the sport signed a 10-year deal with Rwanda. The East African nation will join the Formula 1 calendar in the early 2030s with a purpose-built circuit in Bugesera, south of capital Kigali. Rwanda has beaten the likes of South Africa to [...]

  • Rothschild aiding bid to take Formula 1 to South Africa

    September 22, 2026

    Investment bank Rothschild is working with a consortium on a £300m bid to see Formula 1 return to South Africa for the first time since 1993. Appetite has grown for the world’s leading motorsport series to return to the African continent, with this Cape Town bid following proposals from Johannesburg and Rwanda. The consortium is [...]

  • Nike nearing deal to enter Formula 1 and rival Puma and Adidas

    September 15, 2026

    Nike is believed to be nearing a deal which will see the sportswear giant enter Formula 1 after more than two decades off the grid. The American apparel firm has held talks with the premier motor sport series about becoming the kit provider for all Formula 1 employees. GP Blog reports that the deal is [...]

  • Former Formula 1 champion loses £1.4m HMRC tax bill appeal

    September 14, 2026

    Former Formula 1 world champion Jody Scheckter has been forced to stump up £1.4m in unpaid tax after an appeal against an HMRC ruling on his buffalo farm failed in court. The 1979 F1 title-winner was forced to close the buffalo farm business in 2024 due to “significant increases in costs, a reduction in milk [...]

  • London snubbed as Formula 1 announces return of F1 Live show at new venue

    September 4, 2026

    Formula 1 will repeat the F1 Live event that debuted in London last year with an expanded format and a new host city: Milan. F1 Live Milan will comprise a three-day fan festival and F1 The Show, a one-off stage event featuring all 11 teams as well as live music and entertainment. It will take [...]

  • Formula 1 chiefs cool speculation of 12th team on grid

    September 3, 2026

    Formula 1 chiefs have cooled speculation that a 12th team could join the grid before the end of the decade. The global motor sport series saw the number of teams rise from 10 to 11 earlier this season when Cadillac joined the grid, and FIA chief Mohammed Ben Sulayem has previously said he is open [...]

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