On Monday, all F1 team bosses met virtually at the F1 Commission to vote on issues the sport is currently having to contend with. The main takeaway from this meeting was the pending addition of a driver salary cap starting in 2023 which was agreed upon by all the teams. READ: ‘Your Racism Is Showing’:
MoreOn Friday, it was confirmed that ex-Ferrari team principal Stefano Domenicali will take over from Chase Carey as the CEO and president of Formula One from the start of 2021. Reports that Domenicali was poised to take on the role surfaced a few days prior, but before that, Mercedes team principal Toto Wolff was seen
MoreFormula One has confirmed that ex-Ferrari team principal Stefano Domenicali will become F1’s CEO in January 2021. He will take over from Chase Carey, who has held the position since Liberty Media acquired Formula One in 2017. READ: Red Bull Address Rumours That Newey Will Join Aston Martin In 2021 Carey will still be a
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Ricardo Teixeira, a Portuguese-Angolan racing driver who most notably served as the test and reserve driver for Team Lotus and the Caterham F1 team, discussed his racing career and the challenges of Formula One with Formula1News.co.uk managing editor Suliman Mulhem. Like most other Formula One drivers, Teixeira started out his racing career competing in karting
MoreAll 10 Formula 1 constructors have signed the new Concorde Agreement, effectively committing them to the sport until the end of the 2025 season. The new deal, which is an important agreement between the FIA, Liberty Media and the teams on many key aspects of the sport, including how prize money and TV revenue is
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