Fomula1

USF1 has officially shuttered operations in Charlotte, NC. That's according to the Charlotte Business Journal, which notes that Ken Anderson, president of the team, sent employees an email yesterday pointing to financial woes as the straw that broke the doomed camel's back. Anderson's pet racing ...

The two-year-old Stepneygate saga – long and complex enough to rival any of the Icelandic sagas – is finally over. A court in Modena, Italy has smacked four McLaren employees with six-figure fines: senior engineers Rod Taylor, Jonathan Neale, and Paddy Lowe are on the hook for ...

Spyker's well-publicized tumult continues on its way to some sort of conclusion with news that the F1 team has been sold. The buying consortium includes Michiel Mol, until recently the head of Spyker Cars, his son Jan Mol, and Indian billionaire Vijay Mallya. The F1 team has always operated under ...