Maurizio Arrivabene agrees with Niki Lauda's view that his Ferrari Formula 1 team's latest specification of engine has matched its Mercedes rival for power and efficiency.Mercedes non-executive chairman Lauda said lin an interview with Italian magazine Autosprint that the 20bhp advantage his team enjoyed had now gone following the upgrade...

Williams has reported that its Formula 1 team lost £42.5 million ($64.3m) last year, as its entire group lost £34.3 million ($51.9m).Although the team enjoyed its best season for years in 2014, finishing third in the constructors' championship, increased costs in F1 and its poor results from '13 meant its...

Aside from Nico Rosberg's unscheduled stop at the end of lap one, things couldn't have gone much better for Mercedes in Russia.Not only did they wrap up their 13th win and ninth one-two finish of the season, they also earned enough points to seal their first ever constructors' championship crownRead...

Sauber is confident it can turn its Formula 1 car into a points scorer this season, despite a difficult start with the C33.The Swiss team was the sixth highest scoring team across the last eight races of 2013, but trails all bar Caterham in the 2014 constructors' championship after seven...