That dilution fee is intended to soften the blow of teams having to split the F1 prize fund by 11 teams instead of 10.

General Motors (GM) is making a bold move into Formula 1, signaling a major milestone for American automotive engineering on ...

BREAKING: Bill Chisholm, managing partner at Symphony Technology Group, has agreed to purchase the Boston Celtics from the ...

The sport’s future looks bright, whether you’re a part of Formula One itself, a devoted fan, or a “filthy casual” drawn in by ...

China's first and only Formula One driver Zhou Guanyu said ahead of the Chinese Grand Prix on Thursday that he hoped to get ...

China's first and only Formula One driver Zhou Guanyu said ahead of the Chinese Grand Prix on Thursday that he hoped to get ...

Sergio Perez has been revealed to be in talks with Graeme Lowdon, team principal of Cadillac, over a potential return to ...

GM had to pay $450 million in accordance with the 2021 Concorde Agreement in order to get the Cadillac F1 team approved for ...

The news of General Motors' entry into Formula 1 in 2026 via their Cadillac brand has generated plenty of excitement about an ...

As part of the agreement, the anti-dilution fee for Cadillac has been set at $450 million, which will be distributed evenly ...

The $200 million, 400,000-square-foot Cadillac F1 facility is under construction near Indianapolis Metropolitan Airport.

Formula 1 has announced that all 11 teams set to race in the 2026 World Championship have signed the sport’s crucial new Concorde Agreement.