Ferrari, McLaren take a hit from Marussia collapse
Ferrari, McLaren take a hit from Marussia collapse

Ferrari and McLaren stand to lose millions as a result of the collapse of the Marussia Formula One team, the Sunday Telegraph newspaper reported.

Lewis Hamilton goes snowboarding to celebrate Christmas
Lewis Hamilton goes snowboarding to celebrate Christmas

British Formula One driver Lewis Hamilton, who drives for the Mercedes team and is the current champion, celebrated Christmas in Canada as he hit the slopes for some snowboarding.

Red Bull retain Sebastien Buemi as F1 reserve driver
Red Bull retain Sebastien Buemi as F1 reserve driver

Switzerland`s Sebastien Buemi will start his fifth year as Red Bull reserve driver next season, the Formula One team said on Tuesday.

Esteban Gutierrez thrown in too young, says Ferrari boss
Esteban Gutierrez thrown in too young, says Ferrari boss

Mexican driver Esteban Gutierrez was thrown into Formula One too young and paid the price but Ferrari can help him prove his worth, the Italian team`s principal Maurizio Arrivabene said on Monday.

Ferrari braced for another hard year in 2015
Ferrari braced for another hard year in 2015

Ferrari chairman Sergio Marchionne drew a line under a dismal year for Formula One`s most glamorous and successful team on Monday but made clear that 2015 would also be a season of struggle.

Ferrari recruit Mercedes engineer Jock Clear
Ferrari recruit Mercedes engineer Jock Clear

Ferrari have recruited Jock Clear, the Mercedes engineer who helped Lewis Hamilton win this year`s Formula One world championship, as the last key element in the Italian team`s rebuilding after a dismal year.

F1 teams McLaren, Sauber pass crash tests
F1 teams McLaren, Sauber pass crash tests

Two teams have started preparations for the 2015 Formula One season in earnest. Both McLaren and Sauber have announced that their respective chassis have passed mandatory FIA crash tests.

Jean-Eric Vergne replaces Pedro De la Rosa as Ferrari test driver
Jean-Eric Vergne replaces Pedro De la Rosa as Ferrari test driver

Frenchman Jean-Eric Vergne has replaced Spaniard Pedro De la Rosa as Ferrari test driver, the Formula One team said on Friday.

De facto boss Bernie Ecclestone returns to F1 board
De facto boss Bernie Ecclestone returns to F1 board

The larger-than-life figure of Bernie Ecclestone once again wielded it's power on Thursday. Having successfully negotiated the retirement rumours, the de facto boss of Formula One was re-instated to the board that runs this lucrative sports as a business.

Formula One delivers dramatic year of rivalry and tragedy
Formula One delivers dramatic year of rivalry and tragedy

Formula One delivered a dramatic year of riveting rivalry, political controversy, human tragedy and financial uncertainty in 2014 as Lewis Hamilton joined the sport`s hall of fame as a double world champion.

Ferrari wield axe in structural shake-up
Ferrari wield axe in structural shake-up

Ferrari have parted company with chief designer Nikolas Tombazis and engineering director Pat Fry, two of the men responsible for designing this year`s car as the team endured their first season without a win since 1993.

2014 F1 season was expected to be tough, insists Kimi Raikkonen
2014 F1 season was expected to be tough, insists Kimi Raikkonen

Kimi Raikkonen says that he expected a tough 2014 Formula One season with Ferrari, Autosport reported on Wednesday.

F1 principals snub Nico Rosberg in best driver poll
F1 principals snub Nico Rosberg in best driver poll

Formula One team principals have snubbed Mercedes driver Nico Rosberg in a best driver poll, rating the German only fifth in a list headed by his title-winning team mate Lewis Hamilton.

Bahrain fund sells McLaren shares to Ron Dennis
Bahrain fund sells McLaren shares to Ron Dennis

Bahrain`s sovereign wealth fund Mumtalakat has agreed to sell some of its stake in McLaren to the Formula One team`s overall head Ron Dennis, who is set to become the majority shareholder.

Jenson Button eyes staying at McLaren beyond 2015
Jenson Button eyes staying at McLaren beyond 2015

British formula one racer Jenson Button has confirmed that he is looking beyond 2015 to stay at McLaren in order to fight for world championship following McLaren's decision to retain him in the driver's line up next season.

F1 had to schedule Korean GP, says Bernie Ecclestone
F1 had to schedule Korean GP, says Bernie Ecclestone

South Korea does not want a Formula One race next year but it was included on the calendar anyway for legal reasons, according to the sport`s commercial supremo Bernie Ecclestone.

Fernando Alonso has unfinished business at McLaren
Fernando Alonso has unfinished business at McLaren

`Never say never` has always been a popular saying in Formula One and Fernando Alonso`s return to McLaren proves the point.

Caterham in talks with 'three interested parties' to be back on F1 grid next season
Caterham in talks with 'three interested parties' to be back on F1 grid next season

British car-making company Caterham's administrator has said that they are in talks with three interested parties as the team looks forward to be on the Formula One grid next season.

Romain Grosjean wants Jenson Button to make way for fresh blood
Romain Grosjean wants Jenson Button to make way for fresh blood

French driver Romain Grosjean thinks that it's time for Jenson Button to move aside and allow fresh blood into Formula One. The Lotus driver was once rumoured to partner Fernando Alonso at McLaren, at the expense of Button and Kevin Magnussen.

Sebastian Vettel and I would push Ferrari in right direction: Kimi Raikkonen
Sebastian Vettel and I would push Ferrari in right direction: Kimi Raikkonen

Former Formula One champion Kimi Raikkonen today said that the inclusion of Sebastian Vettel will certainly help them revive Ferrari's fortunes in the Championship nexte year, after a disappointing end to the 2014 season.