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 [...]
Nascar eyes US military bases as venues for UK race in ‘Operation Overseas Trojan Horse’ Sport Business United States military bases in the UK could stage Nascar races as the American motor sport moves towards international expansion. The North American series – which is being challenged domestically by the increased presence of Formula 1 – has only ever ventured out of the US for point-scoring races in neighbouring Canada and Mexico. But [...]
Formula 1 chiefs cool speculation of 12th team on grid Sport Business 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 [...]
Exclusive: Former Formula 1 figure invests £100k into new Pacer app dubbed ‘Sports Tinder’ August 21, 2026 A former Formula 1 test driver has invested into a new app, dubbed Sports Tinder, ahead of its London launch. Pacer will launch this year and target Londoners who run, play tennis and padel and socialise through sport. “Unlike conventional dating apps,” they told City AM, “users do not initially sign up looking for romance. [...]
Will Formula 1 need to refund sponsors for cancelled Middle East races? August 2, 2026 Anna Sowerby dissects what happens with sponsorship agreements when events, such as Formula 1 Grands Prix, are cancelled As we enjoy yet another blockbuster summer of sport, the current global landscape is a stark reminder of just how quickly situations can change and put events at risk of being cancelled. The obvious example being the [...]
Europe to host Formula 1 finale if Iran war scuppers Qatar and Abu Dhabi plans July 29, 2026 Europe will host the Formula 1 finale if the ongoing war in Iran scuppers planned Grands Prix in Qatar and Abu Dhabi. Formula 1’s 24-race season had already taken a double hit, with races in Saudi Arabia and Bahrain postponed indefinitely earlier this year. The Bahrain Grand Prix will now take place in Malaysia. But [...]
Formula 1’s governing body wants more races in China and Asia July 3, 2026 Formula 1’s governing body has insisted it wants more races in China and Asia as part of a Far East pivot ahead of this weekend’s British Grand Prix at Silverstone. The Federation Internationale de l’Automobile (FIA) told City AM that Asia had become a key growth market for the not-for-profit motorsport governing body, which this [...]
Formula 1 worth £12bn to UK economy as Silverstone rakes in £100m July 2, 2026 Formula 1 boosts the UK economy by £12bn every year, according to new figures revealed ahead of this weekend’s British Grand Prix at Silverstone. The wider impact in the UK of the elite motor racing series – 10 of whose 11 teams are headquartered in the country or have operational bases on these shores – [...]
Silverstone safe amid MotoGP calendar shake-up, chiefs insist June 25, 2026 MotoGP chiefs have insisted their Silverstone race is safe despite plans for a drastic shake-up to the motorsport’s calendar. After signing a major deal with the five manufacturers – akin to Formula 1’s governing Concorde Agreement – which formalises the commercial framework across the sport until 2031, MotoGP will now look to grow an organisation [...]
MotoGP and manufacturers sign first Formula 1-style Concorde agreement June 19, 2026 MotoGP and its five manufacturers have today signed a first-of-its-kind partnership that mimics Formula 1’s famous Concorde agreement. The two-wheeled motorsporting discipline, owned by Formula 1 parent Liberty Media, this morning agreed what they have called a “defining” agreement between themselves and the five bike manufacturers – Aprilia, Ducati, Honda, KTM and Yamaha – in [...]