Formula 1 owners to complete £3.6bn deal for MotoGP Sport Business Formula 1 owners Liberty Media will complete a £3.6bn deal to buy MotoGP by the close of play on Thursday. The agreement will see Liberty Media purchase 84 per cent of MotoGP’s commercial rights holder Dorna – in cash – after it last week got approval from the European Commission. “We believe the sport and [...]
Motorsport Valley a £16bn jewel in crown of UK, new report says Sport Business A new report has today described Motorsport Valley as a “jewel in the crown of UK manufacturing” as the area celebrates £16bn in turnover. The area, which takes in the Midlands and Oxfordshire as well as the Silverstone hub, is the epicentre of much of the UK’s advanced manufacturing, and home to a number of [...]
Lewis Hamilton insists Ferrari move hasn’t turned sour after Miami spats Sport Lewis Hamilton insists he has no problems with Ferrari or fellow driver Charles Leclerc but says he won’t apologise for spiky exchanges with the team during a frustrating Miami Grand Prix. The seven-time Formula 1 champion snapped at race engineers on the team radio as he waited for them to ask Leclerc to let him [...]
Formula E extends stay in London with contract extension April 23, 2025 Formula E will remain in the capital until 2026 after extending its deal with the ExCeL in east London. The all-electric racing series will return to the exhibition centre next year having stretched its deal by another 12 months to keep the Docklands landmark as host. It comes amid rumours that the series could up [...]
Top FIA official resigns over ‘breakdown in governance standards’ April 10, 2025 Deputy president for sport at the FIA, Robert Reid, has resigned from his role over “a fundamental breakdown in governance standards within motorsport’s global governing body”. Reid was a close ally of FIA president Mohammed Ben Sulayem but the duo have not seen eye to eye of late. The motorsporting body and Ben Sulayem have [...]
Formula 1 race in Rwanda would be ‘blood-stained’, says DRC February 12, 2025 Formula 1 risks having its brand “smeared by a blood-stained association with Rwanda” if it presses ahead with talks to stage a grand prix in Kigali, the Democratic Republic of Congo (DRC) has warned. DRC minister of foreign affairs Therese Kayikwamba Wagner wrote to F1 president and CEO Stefano Domenicali this week to urge him [...]
Exclusive: Vowles hails ‘new era’ as Atlassian joins Williams Racing February 11, 2025 Williams principal James Vowles has hailed a new era for the Formula 1 team after signing a record partnership deal with software giant Atlassian. The agreement sees the historic outfit rebranded as Atlassian Williams Racing as they step up their efforts to return to the front of the grid in motorsport’s biggest series. It comes [...]
Netflix eyes Formula 1 TV rights deal after Drive to Survive success February 7, 2025 Netflix could soon advance their Formula 1 offering beyond Drive to Survive with the streaming giant plotting a move for live TV rights. Having dipped their toe into live boxing, showing Mike Tyson’s bout with Jake Paul, and Christmas Day NFL, the streaming service appears to be interested in the US rights for Formula 1. [...]
Boost for UK industry as another F1 team heads to ‘motorsport valley’ February 4, 2025 Sauber will become the next Formula 1 team to open a base in the UK’s “motorsport valley” as Audi prepares to enter the sport in 2026. The Swiss-based team has struggled to recruit top engineering talent from other teams due to its base on the continent. They’ll join the likes of Mercedes, Red Bull and [...]
Formula 1 team owner sponsors MotoGP outfit in new deal January 28, 2025 One of the 10 Formula 1 teams set to compete in the 2025 season has agreed a sponsorship agreement with MotoGP team Pramac Racing. Alpine – whose F1 outfit boasts Pierre Gasly and Jack Doohan – will be a main sponsor of the Prima Pramac Yamaha MotoGP team. The French manufacturer – whose Formula 1 [...]