The Force India Formula 1 team has reduced its loss from £15.4m [$22.3m]for the 2014 financial year to £6.8m [$9.8m] last year.The company's turnover increased from £59.92m [$86.5m] in 2014 to £64.26m [$92.8m] in '15 in statements for the year ending on Dec. 31. The directors' report states this is...

Mercedes has revealed making a loss of almost some $117 million in the 2014 Formula 1 season it dominated on track to win both the drivers' and constructors' championships.Mercedes-Benz Grand Prix Ltd., the company name of the Mercedes F1 team, has released its financial accounts up to the end of...