Formula One Group

The government of Thailand has shifted its focus from capital Bangkok to the island of Phuket as the location of a proposed Thai Formula One grand prix from 2015.

A contract, believed to be 15 years long, has been signed for the grand prix in New Jersey to be added to the Formula One calendar from next season.

CVC Capital Partners, part owner of Formula One motor racing, is reportedly planning a $2 billion takeover bid of media rights agency, IMG Worldwide, according to Sky News.

Formula One team Mercedes will provide fellow constructors Williams with engines from next season under a long-term partnership announced today.

Paddy Lowe is set to move from Formula One team McLaren to join Mercedes as executive technical director.

German manufacturer BMW has rubbished comments by Formula One commercial supremo Bernie Ecclestone on its return to the sport.

Formula One supremo Bernie Ecclestone has received backing from the board to remain the head of the motor sport unless he is convicted for bribery allegations by German authorities.

Honda will make a return to Formula One racing in 2015, following an announcement today on its partnership with McLaren as an engine supplier.