MONTMELO, Spain (AP) — The director of the track that hosts the Spanish Grand Prix says the circuit's owners are seeking to strike a new deal with Formula One management amid speculation that the...
Fox Corp. begins trading as Disney completion looms
NEW YORK (AP) — Fox Corp., the Fox assets that are not part of Disney's $71.3 billion acquisition of Fox's entertainment assets, began trading as a stand-alone company on Tuesday.
Azerbaijan renews F1 contract through 2023
BAKU, Azerbaijan (AP) — Baku renewed its contract Tuesday to host the Azerbaijan Grand Prix through 2023, prolonging the stay of a circuit which initially struggled for acceptance in Formula One but has since become a fan favorite.
Baku's current deal was to expire next year but race organizers and F1 management signed the three-year extension, though an extension to 2025 had been possible under the old contract.
F1 reaches new deal with Pirelli as tire supplier until 2023
ABU DHABI, United Arab Emirates (AP) — Formula One has reached a new four-year deal with Pirelli as its tire supplier from 2020-23 inclusive.
F1 chairman and CEO Chase Carey says "we are delighted to have reached this agreement, which guarantees a long-term stable future."
The current partnership expired at the end of 2019.
Hanoi GP set to join Formula One circuit in 2020
HANOI, Vietnam (AP) — A Grand Prix in Hanoi will be added to the Formula One calendar in 2020 as part of the sport's expansion in Asia.
F1 chairman Chase Carey and Nguyen Duc Chung, the Mayor of Hanoi, made the announcement on Wednesday.
A 5.556-kilometer circuit will be constructed near the national stadium using a combination of existing infrastructure and roads to be built in a new residential area on the edge of the city center.
2-time F1 champion Fernando Alonso leaving at end of season
Two-time champion Fernando Alonso will leave Formula One at the end of the season and potentially move to IndyCar in the United States.
McLaren Racing confirmed Tuesday the Spaniard will not return to F1 next year for an 18th season, and Alonso said F1's leadership group tried to persuade him to stay with the series.
Formula One’s Carey leads tributes to Marchionne
Formula One CEO Chase Carey has led racing's tributes to former Ferrari president Sergio Marchionne, who died on Wednesday.
Marchionne, who was 66, died after complications from surgery in Zurich.
"We are deeply saddened by the passing of Sergio Marchionne," said Carey. "He was a great leader of not just Formula 1 and the automobile world, but the business world overall.
Rafael Nadal to get 24 Hours Le Mans underway
LE MANS, France (AP) — Rafael Nadal will get the 24 Hours Le Mans classic endurance race underway.
Organizers of the race say the 16-time Grand Slam champion will be sending cars out on June 16.
Nadal follows Formula One boss Chase Carey, who last year waved the starting flag. Actors Alain Delon and Brad Pitt are among others to have held the role at the Circuit de la Sarthe.
F1 teams Force India and Sauber drop their EU complaint
SILVERSTONE, England (AP) — Force India and Sauber have dropped their complaint to the European Commission over anti-competitive practices in Formula One.
Both F1 teams lodged a complaint with the EU in September 2015 amid concerns about revenue distribution and rule-making when F1 was run by commercial rights holder Bernie Ecclestone. That was prior to the takeover by current owner Liberty Media, which has involved the smaller teams more in discussions.
Singapore will host Formula One races until 2021
SINGAPORE (AP) — Singapore will continue to host Formula One races until 2021 after agreeing on a four-year deal on Friday.
The street circuit, which has unique appeal as a night race, first hosted a race in 2008.
SAKHIR, Bahrain (AP) — Returning to the Formula One paddock for the first time since he stopped running the series, Bernie Ecclestone spoke of his limited input as an adviser to the new owners.
The autocratic Ecclestone moved aside in January after nearly 40 years in charge, when U.S. sports and entertainment firm Liberty Media took over.
With its takeover of F1 secure, Liberty now faces key issues
PARIS (AP) — When one of your biggest stars says your series sends him to sleep there are serious issues to be addressed, and this is the situation facing Formula One's new owner.
With the autocratic Bernie Ecclestone moving aside after nearly 40 years, the task falls to U.S. sports and entertainment firm Liberty Media to win back dissatisfied fans and make the series much more fairly governed, yet unpredictable and thrilling again.
Liberty completes F1 takeover; Ecclestone replaced by Carey
Bernie Ecclestone's reign of Formula One ended after Liberty Media officially completed its takeover of the series on Monday, and named American Chase Carey as the new chief executive.
Carey acted quickly by naming former Mercedes team principal Ross Brawn as managing director of motorsports, a move that was expected to be widely welcomed as the series prepares for rule changes it hopes will win back disgruntled fans.
Motor sport’s governing body gives approval to Liberty sale
GENEVA (AP) — Motor sport's governing body has given its official stamp of approval to Formula One being sold to Liberty Media, a U.S. company that invests in entertainment and sports, for $4.4 billion.
US firm Liberty Media buying Formula One auto racing series
LONDON (AP) — Formula One is being bought by Liberty Media, a U.S. company that invests in entertainment and sports, for $4.4 billion.
Liberty Media Corp., which is controlled by 75-year-old tycoon John Malone, has ended years of uncertainty about the ownership of the auto racing series with Wednesday's deal.