McLaren Racing CEO Zak Brown says a recent statement from Alex Palou relating to his breach of contract cleared his team’s name after accusations during the court case.McLaren sought millions of dollars in damages from Palou after the four-time IndyCar champion reneged on a contract to race for Brown’s team...

Felipe Massa’s claim for damages relating to the Formula 1 "Crashgate" scandal of 2008 can continue to trial, but other aspects of the legal action have been dismissed.

Ron Dennis is poised to lose his positions as chairman and CEO of the McLaren Group as early as next week.Dennis has been involved in a two-year behind-the-scenes struggle that is now set to result in him being ousted in a boardroom coup. The 69-year-old, who has been involved with...

The Lotus Formula 1 team will make what it hopes will be its final UK High Court appearance on Monday after finally concluding a takeover deal with Renault.After months of negotiations for Renault, not only with Lotus's now former owners in Genii Capital but also F1 chief executuve Bernie Ecclestone,...

The High Court case against Lotus has been adjourned until Dec. 7 in the wake of Renault's confirmation it intends to take a controlling stake in the Formula 1 team.Lotus faced the threat of administration as it owed £2.7 million ($4.1m) in back income tax and national insurance – £900,000...

Lotus has earned a second and final reprieve in the High Court as it continues to fight for its future in Formula 1.The team was initially forced into the High Court on September 7 after insolvency proceedings were brought against it by HMRC over unpaid PAYE (income tax and national...

Lotus deputy team principal Federico Gastaldi has hit out at the negativity that continues to swirl around the Formula 1 team.Lotus' desperate financial state saw the team back in the UK's High Court on Monday after failing to pay one month's PAYE to HMRC, with the case adjourned until next...

The Lotus Formula 1 team is continuing to make strides to settle its debts with a number of creditors after being faced with a winding-up petition in the UK's High Court.Following a two-week adjournment, the name of Lotus F1 Team Limited was again on the Companies Court Winding-Up List on...

McLaren is planning to take Formula 1 rival Red Bull to court in its dispute with the team over head of aero Dan Fallows, team boss Ron Dennis has revealed.The team insists it has a legally binding contract with Fallows, but Red Bull announced last week that he was returning...