Formula 1

10:00 PM ET Associated Press AUSTIN, Texas — Two of Formula One’s three races in North America are facing financial issues that are raising concerns about their future. Organizers of the U.S. Grand Prix won’t be reimbursed at least $20 million from the state of Texas for the 2018 race after missing a paperwork deadline
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1:41 PM ET MONTMELO, Spain — Daniil Kvyat set the fastest time so far at this week’s test on Wednesday, putting Toro Rosso at the top of the timesheets. Claire Williams understands how bad it looks that her team missed the opening two and a half days of testing for the 2019 season. Lewis Hamilton
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10:48 AM ET MONTMELO, Spain — Lewis Hamilton believes Mercedes’ position at the top of Formula One is under threat this year after admitting the new Ferrari looks “very, very strong” in pre-season testing so far. Ferrari topped the timesheets at the opening two days of this week’s test in Spain, while Mercedes’ fastest times
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9:19 AM ET MONTMELO, Spain — Sebastian Vettel has no doubts new Ferrari teammate Charles Leclerc can immediately challenge for the Formula One world championship in 2019. Highly-rated youngster Leclerc has replaced Kimi Raikkonen at the Italian team, which arrives at a new season without two former world champions at the helm for the first
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