Greg Maffei, CEO of Formula 1’s owner Liberty Media, will step down from his position at the end of the year as the business simplifies its corporate structure.Liberty currently owns Formula 1 among many other businesses and is planning on separating its ticketing and live entertainment group – Liberty Live...

Formula 1's first pre-season test of 2014 will take place in January next year, after the FIA rubber-stamped a revision to testing procedures.Ahead of a dramatic overhaul of F1's regulations for next year, teams will be allowed an earlier than usual start to run their new cars. Following approval by...