Motorsport
Alfa Romeo to end Sauber F1 deal following 2023 season
Italian automotive manufacturer Alfa Romeo has announced that it will end its wide-ranging agreement with the Sauber Group-owned Formula 1 team at the end of the 2023 season
Audi to join F1 as power unit supplier from 2026
German automotive manufacturer Audi has announced today (Friday) that it will enter Formula 1 as a power unit supplier from the 2026 season
F1 boss Domenicali gives ‘full respect’ to traditional races, hints at return for French GP
Formula 1 chief executive and president Stefano Domenicali has maintained the motor-racing championship’s historic European races continue to “have a full respect” as pressure builds on their places on th…
Haas F1 agrees Hantec Markets sponsorship deal
The Haas Formula 1 team has added forex trading platform Hantec Markets to its sponsorship portfolio.
The deal will begin immediately and run through the 2023 Formula 1 season
Nascar, Worldwide Express further expand partnership
Nascar has secured an expanded multiyear partnership with American logistics company Worldwide Express, which has been designated the organization's new official logistics partner
Nascar to build new in-house production facility with NEP on board
US motor-racing series Nascar is to commence construction on a new production facility that will seek to cater to its growing ambitions in this space
Formula 1’s Q2 revenues increase to $744m
Formula 1 recorded revenues of $744m (€731.6m) during the second quarter of this year as the return of crowds and an uplift in sponsorship and media receipts helped increase its operating income to $65m.
Hong Kong billionaire Lo says Asian investors are eyeing F1 opportunities
Hong Kong-based businessman Calvin Lo has told Reuters that he and other Asian investors are assessing opportunities to back Formula 1 teams
Alfa Romeo boss Imparato says Sauber deal renewed for 2023
Automotive manufacturer Alfa Romeo has renewed its wide-ranging agreement with the Sauber Group-owned Formula 1 team
WRC eyes Middle East return, US remains ‘number one target’ for future events
The World Rally Championship (WRC) is eyeing a return to the Middle East for the first time since 2011.
The rallying series is in the process of finalising next year’s calendar.
Epp promoted to Miami GP president, Cregan moves to consultancy role
Veteran sports executive Tyler Epp has been promoted to the role of president of the Formula One Miami Grand Prix
Mercedes adds Fastly to F1 team partner roster
US cloud computing services provider Fastly has signed up as a global sponsor of Formula 1 motor-racing team Mercedes-AMG Petronas
Camping World to end Nascar Truck Series title sponsorship
Camping World, the Illinois-based recreational vehicles and camping company, is ending its title sponsorship of Nascar's Truck Series at the end of the 2022 season, the firm's chief executive Marcus Lemonis…
Formula E signs long-term agreement with Sabic
Electric racing series Formula E has agreed a long-term sponsorship deal with Saudi Arabian chemicals company Sabic
W Series switches from Japan to Singapore
Singapore has replaced Japan as the host of the seventh race of this year’s W Series season after organisers of the all-female motorsport series moved the event due to “unforeseeable operational challenges”.
T
F1 Miami GP generates $350m for local economy, per study
The inaugural Formula 1 Miami Grand Prix in early May pumped nearly $350m (€345m) into the South Florida economy, according to an economic impact report issued by organizers South Florida Motorsports.
Goodwood signs Heineken deal, adds Swiss watchmaker Jaeger-LeCoultre
The UK division of Dutch brewing group Heineken has agreed a multi-year sponsorship deal with Goodwood, the English estate which hosts horseracing showpiece the Goodwood Festival
Nascar Cup Series to stage Chicago street race in 2023
Nascar has confirmed plans to stage a street race in downtown Chicago, Illinois, next year as part of the latest plans to shake up and revive the Cup Series schedule.