The Lotus Formula 1 team claims it will post dramatically reduced losses when its accounts are published in the coming weeks.According to accounts lodged by Lotus F1 at Companies House, the team made losses of $105 million during 2013 and $90m in 2012. But substantial cuts in expenditure, driven by...

There has been no additional information forthcoming from the newly formed alliance of nine of the largest teams in NASCAR about its plans beyond the announcement last week that they planned to explore common interests and collaborate on initiatives to promote the sport. While NASCAR – traditionally resistant to any...