Formula 1

Oct 28, 2022 MEXICO CITY — Mercedes team boss Toto Wolff believes the reputational damage Red Bull sustained after breaching Formula One’s cost cap last year is a big enough deterrent to stop teams doing the same in the future. Red Bull was fined $7 million and had its aerodynamic testing allowance reduced by 10

6:58 PM ET Toto Wolff MEXICO CITY — Toto Wolff believes Sunday’s Mexican Grand Prix will be Mercedes’ best shot a securing a victory this season, but stressed that beating Max Verstappen would not be an easy task. Verstappen pipped George Russell and Lewis Hamilton to pole position on Saturday by 0.3s, although both Mercedes

Oct 29, 2022 Ferrari has revealed the hybrid hypercar which will contest the Le Mans 24 Hours and World Endurance Championship in 2023. The famous Italian team is re-entering the top level of sportscar racing for the first time in 50 years with the car dubbed the 499P. Ferrari dominated sports car racing in the

8:10 AM ET Fernando Alonso says Max Verstappen‘s two world championships are worth more than Lewis Hamilton‘s seven. Verstappen beat Hamilton on the last lap of the last race in 2021 for his first title before winning the 2022 title with four races to spare at the Japanese Grand Prix. Alonso, who won his two

7:38 AM ET Ferrari believes Red Bull’s penalty for breaching the 2021 budget cap does not do enough to address the performance gains the team could have made from overspending. Red Bull accepted the FIA’s accepted breach agreement of $7 million and a 10 percent reduction in wind-tunnel development. The FIA found Red Bull had

3:10 PM ET MEXICO CITY — Red Bull team principal Christian Horner believes his team is owed an apology for the way it was treated following its breach of last year’s budget cap, but said he would “begrudgingly” accept the penalty issued by the FIA. Red Bull was fined $7 million and faces a 10%

10:14 AM ET Red Bull has been handed a $7 million fine and a 10% reduction in wind-tunnel testing time for next season as punishment for breaching last year’s $145 million budget cap. Red Bull took the accepted breach agreement (ABA) offered to it by the FIA, meaning the penalty cannot be appealed. The FIA

3:18 AM ET Alpine have won their bid to overturn Fernando Alonso’s penalty at the U.S. Grand Prix after the double world champion had lost seventh place as stewards upheld a protest from Formula One rivals Haas about the safety of his car. Alonso had dropped out of the points in Austin last Sunday when

5:32 PM ET MEXICO CITY — The budget cap row that has hung over Formula One for the past three races will finally come to a head on Friday, with the FIA set to announce Red Bull’s punishment for breaking last year’s financial regulations. A news conference has been called in Mexico at 11:30 a.m.

12:53 PM ET The Mexican Grand Prix will stay on the Formula One schedule until 2025 after securing a new contract extension. The Mexico City race has become one of the most popular on the calendar, with its final corners snaking through a converted baseball stadium which is always packed full of fans. National hero