Formula 1 will no longer allocate time for drivers to take the knee prior to races as it moves towards greater action to address a lack of diversity within the sport.Since the start of the delayed 2020 season, F1 has carried "We Race As One" messaging in an attempt to...

Formula 1 is in advanced talks with Amazon – among other global digital partners – regarding streaming deals for races.The sport already has a partnership with Amazon Web Systems (AWS) that includes the F1 Insights analysis that regularly appears in on-screen graphics during a race weekend. While F1's current owners...

Formula 1 is receiving more interest from engine manufacturers about getting involved in the sport in future despite Honda’s exit, according to F1 CEO and chairman Chase Carey.Honda announced last month that it will not be staying in the sport beyond the end of 2021, when its current contracts with...

Outgoing Formula 1 CEO Chase Carey feels his tenure leading the sport over the past three years has positioned it for future growth under his newly announced successor, Stefano Domenicali.Domenicali will take on the roles of CEO and president of Formula 1 in January, with Carey becoming non-executive chairman. The...

Formula 1’s revenue for the second quarter of the financial year has dropped from $620million in 2019 to just $24m this year due to COVID-19.The impact of the global pandemic led to F1 having to delay the start of its season, and the postponement or cancellation of several races. The...

Formula 1 CEO and chairman Chase Carey has personally contributed $1 million to a new foundation as part of the sport’s #WeRaceAsOne initiative to increase diversity and opportunity.Following an announcement of the initiative earlier this week, F1 has outlined further steps it is taking to try and provide greater opportunities,...

Formula 1 will launch a task force to improve the diversity and opportunity within the sport, and has promised a strong stand against racism when it restarts its season in Austria next month.The opening race of the season will take place at the Red Bull Ring on July 5, and...

Formula 1 chairman and CEO Chase Carey expects some races on the original 2020 calendar to be cancelled later in the year, and says the sport has other options if needed.The first 10 rounds were either cancelled or postponed due to the COVID-19 pandemic, but F1 this week confirmed an...

Formula 1 doesn’t want any changes it makes to the sport’s format to be perceived as gimmicks, amid the discussion over reverse grid qualifying races.The first eight races of 2020 have now been confirmed, with two events happening at each of the Red Bull Ring and Silverstone. F1 raised the...

The 2020 Formula 1 season will start on July 5 in Austria, the first of a group eight races in Europe that will mark the end of the world championship's COVID-19 lockdown.Only the opening eight rounds have been confirmed so far, but F1 will hold all eight within 10 weeks,...