Formula E is set to unveil its latest race car next week ahead of the Monaco E-Prix.Dubbed the GEN3 Evo, the car will be revealed on Thursday, April 25, and will be raced in Seasons 11 (2024-25) and 12. Formula E says the new car will “deliver even more dramatic...

The Williams Formula 1 team has made a profit of more than $5.276 million during the first half of 2016, according to its latest financial results.Williams took a bit hit financially to improve its competitive standing in F1 in 2014, but returned to profitability at the start of this season...