Formula One Group

British sportscar marque Aston Martin has dismissed speculation concerning a return to Formula One, stating a deal in the motor-racing series would be improbable at best.

Matthew Carter, chief executive of the Lotus Formula One team, has played down fears that a winding-up petition could pose a threat to the future of the motor-racing outfit.

Formula One’s commercial rights-holder and main shareholder CVC Capital Partners has maintained it is under no pressure to sell its controlling stake in the motor-racing series, according to co-chairman Donald Mackenzie.

Formula One’s Strategy Group has given its latest update on plans to shore up the future of the motor racing series, stating that important decisions and “innovative evolutions” have been approved.

Azerbaijan’s Sports Minister, Azad Rahimov, has said that the country could bid for the 2024 summer Olympic Games, but has called on the International Olympic Committee (IOC) to reduce its requirements for hosting the sporting spectacle.

RSE Ventures, which owns the Miami Dolphins American football franchise in the North American NFL, has linked up with Qatar to lodge a bid to acquire a controlling stake in the Formula One motor-racing world championship, according to reports.

Formula One chief executive Bernie Ecclestone has said he is considering the prospect of a race-sharing deal between Imola and Monza in a bid to secure the future of the motor racing series’ Italian Grand Prix.

The Mayor of Imola, Daniele Manca, has said the town is in talks with Formula One chief executive Bernie Ecclestone to secure the future of the Italian Grand Prix, if current host Monza is unable to strike…

Mercedes Formula One chief Toto Wolff has revealed plans to reintroduce refuelling to the motorsport series are set to be shelved.

Mercedes motorsport head Toto Wolff has revealed that Formula One’s current dominant team has been approached by three other constructors over the possibility of acquiring so-called “customer cars”.

German automotive company Audi has moved to end speculation regarding a possible entry into Formula One by stating it has no plans to broaden its motor racing portfolio.

The spectacle of refuelling during pit stops is set to return to Formula One in 2017 as part of sweeping measures designed to “improve the show” put on by the motor racing series.

German automaker Audi is open to entering Formula One amid growing speculation that it could partner Red Bull Racing as the team’s engine supplier.

Spain has become the second Formula One host to extend its race contract this season, with the Circuit de Barcelona-Catalunya confirmed as the venue for the Spanish Grand Prix until 2019.

Iran is planning to develop a circuit to host Formula One motor racing on the island of Qeshm, according to IRNA.

Formula One motor racing team Williams has reported a loss of £42.5m (€58.9m/$63.4m) for 2014, but has signalled its recent revival in fortunes will result in a significant improvement next year.