Formula 1

7:30 AM ET McLaren boss Zak Brown has accused Ferrari of being in denial about the existential threat Formula One faces from coronavirus as arguments heat up over how much teams should be allowed to spend. F1 is introducing a budget cap next year, with teams discussing lowering it from the original $175 million to
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10:34 AM ET Ferrari’s Charles Leclerc likes the idea of racing in the “wrong” direction once Formula One emerges from the global coronavirus lockdown. The sport is considering various options to get its stalled season started, with grands prix likely to be held without spectators and some European circuits hosting more than one race. Coronavirus:
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Apr 23, 2020 Ferrari has warned Formula One against making knee-jerk changes to its financial regulations as a result of the coronavirus pandemic. The global outbreak has resulted in the 2020 F1 season being put on hold, with no certainty over when racing will resume. The hiatus will be financially damaging for the sport and
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1:20 PM ET Formula One has given some of its teams advanced payments in order to ensure they survive the current economic downturn linked to the coronavirus pandemic, Liberty Media CEO Greg Maffei confirmed Thursday. Several Formula One insiders have raised concerns about the financial health of certain teams and the possibility that as many
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6:59 AM ET Lewis Hamilton took to Instagram to dismiss lingering speculation that he is lining up a move to Ferrari, but later deleted the message. The short-lived post was in response to a story in the the Sun, headlined “Stalled by Seb: Lewis Hamilton’s dreams of mega-mony Ferrari move dashed as Sebastian Vettel reveals
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