News987 stories
RSS ↗
via RacingNews365Woody Johnson Acquires Minority Stake in Aston Martin F1 TeamAmerican billionaire Woody Johnson has purchased a minority stake in the Aston Martin Formula 1 team. Johnson, who is also the owner of Crystal Palace, will join the board of directors as vice chairman.
+ 5 moreThu 20 Aug · 15:34 UTC
via PlanetF1F1 team valuations surge as Aston Martin receives fresh investmentThe valuations of Formula 1 teams have significantly increased, with Ferrari leading at $7.1 billion, followed by Mercedes at $6.4 billion and McLaren at $5.2 billion. This surge in value is attributed to various factors, including substantial investments, changes in prize money distribution from the 2021 Concorde Agreement, and the overall growth of interest in the sport, particularly due to the Netflix series 'Drive to Survive'.
The financial landscape for F1 teams has transformed, with many teams experiencing ten-fold increases in their valuations since 2020. The sport's potential for further growth is recognized, especially in under-commercialized markets like the United States, suggesting that team values could reach unprecedented levels in the future.
Thu 20 Aug · 15:32 UTC
via PlanetF1NFL Owner Woody Johnson Joins Aston Martin F1 Team BoardWoody Johnson, an NFL team owner, has acquired a significant stake in the Aston Martin Formula 1 team. He has been appointed as Vice Chairman and will join the team's Board of Directors.+ 1 moreThu 20 Aug · 14:56 UTC
via f1oversteer.comLawrence Stroll admits defeat in Aston Martin’s ‘five-year plan’ to compete for titlesLawrence Stroll has acknowledged that Aston Martin's initial five-year plan to compete for Formula 1 titles was overly ambitious, leading the team to revise their timeline to a ten-year plan aimed at 2031. Despite a promising start in 2023 with Fernando Alonso achieving multiple podiums, the team faced setbacks, including a lack of podium finishes in 2024 and a drop to seventh place in 2025, primarily due to production delays linked to key personnel and regulatory changes.
To address these challenges, Aston Martin has introduced a new chassis and engine upgrades in 2026, while also planning for a significant leap in performance by 2027. Stroll is actively seeking to strengthen the team's leadership by hiring Jonathan Wheatley as team principal, reflecting a broader strategy to regain competitiveness in the sport amidst a challenging landscape where other midfield teams like Williams are also struggling.
Thu 20 Aug · 14:00 UTC
via CrashFernando Alonso Uncertain About Future with Aston Martin F1 TeamFernando Alonso has stated that he has no set timeline for deciding his future with Aston Martin in Formula 1. The two-time world champion is currently in discussions with team management regarding his potential continuation beyond the current season.
+ 5 moreThu 20 Aug · 13:30 UTC
via CrashGeorge Russell Confirms Confidence in Mercedes Amid Verstappen's DealGeorge Russell has stated that his position at Mercedes was never in jeopardy, even with Max Verstappen's recent contract extension at Red Bull. He expressed relief that speculation regarding Verstappen potentially joining Mercedes has been put to rest.+ 4 moreThu 20 Aug · 13:29 UTC
via thejudge13.comMax Verstappen Signs New Contract with Red Bull Until 2030Max Verstappen has officially signed a contract extension with Red Bull Racing, committing to the team until 2030. This decision has implications for other drivers in the Formula 1 grid.
+ 1 moreThu 20 Aug · 13:18 UTC
via grandprix.comWolff open to abandoning current engine formulaToto Wolff has expressed a willingness to move away from the current engine formula in Formula 1, despite Mercedes' competitive advantage. He is actively engaging with key figures in the sport, including FIA President Mohammed Ben Sulayem, to discuss potential changes for future engine regulations, which may include a return to a V8 engine configuration with a reduced electric component.
Additionally, GPDA chairman Alex Wurz highlighted the role of drivers in advocating for regulatory changes, indicating that further adjustments are anticipated in the coming years. The discussions suggest a shift towards a more traditional combustion engine focus while maintaining a hybrid aspect, reflecting a desire for a more appealing sound and performance in the sport.
via Motorsport WeekMax Verstappen Discusses Commitment to Formula 1 FutureMax Verstappen has shared that important discussions with Formula 1 and the FIA influenced his decision to continue in the sport. He emphasized that considerations regarding his future with Red Bull were not his primary focus.
+ 1 moreThu 20 Aug · 12:00 UTC
via RacingNews365Verstappen Reveals Retirement Consideration Before Red Bull Contract ExtensionMax Verstappen has disclosed that he was closer to retiring from Formula 1 than switching teams when he signed his contract extension with Red Bull until 2030. This announcement puts to rest any speculation regarding a potential move to a rival team.+ 3 moreThu 20 Aug · 10:50 UTC
via Motorsport.comLewis Hamilton and Ferrari called out by former F1 driver for "pretty sloppy" errorsFormer F1 driver Jolyon Palmer has called out Ferrari and Lewis Hamilton for failing to capitalize on Mercedes' vulnerabilities, particularly highlighting a series of costly mistakes. Palmer noted that despite Kimi Antonelli's reliability issues, Ferrari has missed key opportunities to close the gap in the championship standings, which currently sees Antonelli leading Hamilton by 50 points with 12 races left in the season.
Palmer specifically mentioned penalties incurred by Hamilton, including a jump start and an early pit lane speed limiter release, as examples of 'sloppy' errors that could have affected their performance. While he praised Hamilton's driving skills, he suggested that a lack of concentration may be contributing to these mistakes. Palmer emphasized the need for Ferrari to maximize their points if they hope to compete for the championship title.
Thu 20 Aug · 09:15 UTC
via RacingNews365McLaren making regular F1 discoveries after Mercedes teething troubleMcLaren's team principal, Andrea Stella, has highlighted the ongoing learning process the team is experiencing with its Mercedes HPP power unit. Despite initial challenges, including a double Did Not Start in China, Stella is optimistic about the team's progress in understanding and optimizing the power unit's performance as the season progresses. He noted that the collaboration with Mercedes HPP is crucial for McLaren to fully exploit the engine's capabilities.
Stella expressed that while the team has made significant discoveries, they are still a few races away from complete comprehension of the power unit's behavior. He acknowledged that some issues may seem random but are influenced by sensitive parameters, indicating a complex relationship between engineering factors and performance outcomes.Thu 20 Aug · 09:05 UTC
via f1oversteer.comLewis Hamilton Expected to Extend Contract with Ferrari Until 2027Lewis Hamilton is anticipated to extend his contract with Ferrari through 2027. An official announcement regarding the extension may be made before the upcoming Monza race.+ 1 moreThu 20 Aug · 08:00 UTC
via gpfans.comRed Bull chief issues shocking statement about 'undriveable' Max Verstappen carRed Bull's technical director Pierre Wache has expressed serious concerns about the performance of the RB22 car, labeling it as 'undriveable' and indicating a lack of confidence in its capabilities. Max Verstappen, currently sixth in the championship standings, has managed to secure three podiums recently, but he admitted to not fully understanding how he achieved a second-place finish in Hungary, highlighting the car's difficulties. The team is under pressure to improve and retain Verstappen's commitment for the 2027 season amid these challenges.
As the team prepares for the Dutch Grand Prix, they will be without Isack Hadjar due to injury, with Liam Lawson stepping in as his replacement. Wache pointed out that while Red Bull is not where they want to be, they are making progress and trying to understand the issues with the car. The upcoming race is significant as it marks the last Dutch Grand Prix at Zandvoort for the foreseeable future, adding to the pressure on the team to perform well.
Thu 20 Aug · 07:15 UTC
via PlanetF1Isack Hadjar's Wrist Injury Update Provided by Red BullIsack Hadjar sustained a wrist injury while training for the Dutch Grand Prix. Red Bull is prioritizing his recovery and has not disclosed specific details about the injury.+ 1 moreThu 20 Aug · 06:49 UTC
via gpfans.comF1 News Today: Christian Horner ready to tell all as 'terrible' Verstappen contract slammedChristian Horner, who was dismissed from his role as Red Bull's team principal in July 2025, is preparing to reveal details about his two-decade career in Formula 1. Meanwhile, Max Verstappen is contemplating his future with Red Bull, as he has a contract until 2028 but an exit clause is now active due to his current championship standing. Carlos Sainz has secured a lucrative deal with Williams, while Isack Hadjar will miss the upcoming Dutch Grand Prix due to injury, leading to Liam Lawson stepping in as his replacement.
In other developments, Yuki Tsunoda is set to return to the grid at the Dutch Grand Prix, and Cadillac has responded to speculation about the sale of their team amid a federal investigation. Additionally, Graeme Lowdon has been replaced as Cadillac's team principal, and there are concerns about the future of Williams' team principal James Vowles, as he faces pressure due to the team's poor performance.Thu 20 Aug · 06:30 UTC
via f1oversteer.comLiam Lawson’s race engineer shares what people ‘forget’ about his difficult Red Bull spellLiam Lawson faced significant challenges during his brief tenure at Red Bull in 2025, where he struggled to adapt to the car and failed to score points in his races. His race engineer highlighted that Lawson's inexperience was often overlooked, as he had only a limited number of substitute appearances before stepping into the Red Bull seat. Despite the difficulties, Lawson expressed gratitude for the opportunity and has since found stability with Racing Bulls in the 2026 season.
As Lawson prepares to return to Red Bull to fill in for the injured Isack Hadjar, his race engineer emphasized the importance of experience in Formula 1. Lawson's previous stint at Red Bull was marked by a lack of development time, which hindered his performance. Now, with a more consistent season under his belt, Lawson is better equipped to handle the challenges ahead.Wed 19 Aug · 20:00 UTC
via RacingNews365Yuki Tsunoda Returns to F1, Qualifies 12th for Dutch GPYuki Tsunoda has made his return to Formula 1, qualifying 12th for the sprint race at the Dutch Grand Prix. His performance comes as Isack Hadjar is sidelined due to a wrist injury.+ 1 moreWed 19 Aug · 20:00 UTC
via AutosportLiam Lawson Impresses in One-Off Appearance at Dutch Grand PrixLiam Lawson qualified P11 for the F1 Sprint at the 2026 Dutch Grand Prix, marking a notable performance in his one-off race. Analysts Anthony Davidson and Karun Chandhok expressed their encouragement regarding Lawson's efforts during the event.
+ 1 moreWed 19 Aug · 17:03 UTC
via f1oversteer.comKimi Antonelli gives dismissive response as Mercedes warn him about emotional radio messagesKimi Antonelli, currently leading the 2026 Formula 1 season by 50 points, has received warnings from Mercedes regarding his emotional radio messages during races. Despite having won six races, he has had moments of losing his cool, particularly during a race against teammate George Russell, which prompted team principal Toto Wolff to intervene. Antonelli's response to the team's concerns reflects a mix of humor and maturity, as he acknowledges his youth and Italian background.
Mercedes has been actively working with Antonelli to help him manage his emotions, especially after a challenging rookie season. He has drawn inspiration from tennis star Roger Federer on how to handle pressure, focusing on controlling what he can and maintaining a balanced mindset. The team recognizes his potential and is committed to supporting his development as a driver.Wed 19 Aug · 17:00 UTCPage 31 of 50