Pastor Maldonado is speaking to a number of Formula 1 teams about a return to the grid in 2017 after losing his Lotus/Renault seat over the winter.The Venezuelan was replaced by Kevin Magnussen for this season, bringing to an end a five-year career in F1."I really want to have my...

Judging from its financial report, the Williams Formula 1 team's plan is working.After close to a decade of abject misery, it took a punt in 2013 and decided to invest heavily in its F1 operation for '14. It knew that would likely lead to increased losses for the year, but...

Pastor Maldonado has confirmed he will not be competing in Formula 1 this year, having lost his Renault seat to Kevin Magnussen.It was revealed earlier on Monday Magnussen had signed a deal for 2016 to replace Maldonado at the new Renault works team. Now, via a statement, Maldonado has declared...

Kevin Magnussen (ABOVE) is set to replace Pastor Maldonado (LEFT) at Renault's new Formula 1 works team for the 2016 season.Sources have confirmed Magnussen is poised to sign a deal over the next few days, before being officially confirmed at Renault's launch in Paris next Wednesday. It follows a disagreement...

Renault officials are currently in Venezuela in a bid to conclude sponsorship negotiations with PDVSA that would confirm Pastor Maldonado's drive for the forthcoming Formula 1 season.It was announced on the Sunday of last year's Singapore Grand Prix that Maldonado would continue with Lotus for a third year in 2016....

Pastor Maldonado would like an experienced teammate to replace Haas-bound Romain Grosjean alongside him next season in Formula 1.The Lotus team is expected to be taken over by Renault in a deal that would secure its future, with Maldonado already confirmed for 2016. Reserve Jolyon Palmer, Jean-Eric Vergne and Kevin...

Pastor Maldonado will continue with Lotus for a third Formula 1 season into 2016, bringing to an end speculation about the Venezuelan's future.Despite the fact Maldonado has a contract with Lotus for next year, the 30-year-old's F1 career appeared to be on the line with Renault due to take over...

Pastor Maldonado says he will have no qualms if shown the exit door by Renault should it take over Lotus, but is confident of keeping his seat for the 2016 Formula 1 season.The French manufacturer is close to concluding a deal and taking a majority 65 percent stake in the...

The Lotus Formula 1 team's current financial crisis stems from it being unable to invoice key sponsor PDVSA due to ongoing negotiations with Renault.Lotus's board is this week due to accept an offer from Renault of $100 million for a 65 percent stake in the organization following apresentation meeting between...

Pastor Maldonado has been warned by Lotus that his Formula 1 seat is not guaranteed despite the considerable financial support he receives from PDVSA.Venezuela's state-owned oil and gas company has backed Maldonado throughout his career, following the 30-year-old from Williams to Lotus after he left the former team at the...