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Control of the automotive arm of McLaren Group could be set to shift from Bahrain to Abu Dhabi after CYVN Holdings entered into a non-binding agreement with Mumtalakat.A deal would see CYVN, an equity investor owned by the Abu Dhabi government, take full control of the automotive business and aContinue Reading

FORMULA 1

Formula 1 power unit manufacturers Honda and Alpine (Renault) have agreed to pay fines for procedural breaches of the FIA’s engine cost cap rules.Honda will pay $600,000, while Alpine’s fine amounts to $400,000, after both manufacturers settled for a so-called Accepted Breach Agreement with the FIA, which meant they agreedContinue Reading

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Formula 3 driver Sophia Floersch says F1 Academy is being used as “pinkwashing”, a term which indicates being superficially sympathetic towards equality or inclusion without seriously attempting to improve the situation.The claim comes after inaugural champion Marta Garcia conceded that last weekend’s Formula Regional European event in Monza was “probablyContinue Reading