On the surface, Formula 1's global revenues are on an upward trajectory: the recent Liberty Media deal placed an enterprise value of $8 billion (£6.15bn) on the sport via 2015 annual revenues of around $1.8bn/£1.39bn. Of that, 10 teams shared approximately half (though it wasn't divided equally); their collective slice amounts to $883million/£680m, paid in 10 monthly instalments during 2016.
The Liberty transaction should result in the US-based, NASDAQ-listed entity with interests in sport, events and media acquiring control of F1's commercial rights after completing the second phase of a stock-purchase agreement by mid-2017. But the bullishness surrounding the deal deftly camouflages real concerns about F1's sustainability unless it moves away from a creaking business model still rooted in the 1980s.
Winner of 13 grands prix including Monaco and survivor of a life-changing plane crash, David Coulthard could be forgiven for having eased into a quiet retirement – but, as MARK GALLAGHER explains, in fact he’s busier than ever, running an award-winning media company and championing diversity in motor racing. Not bad for someone who, by his own admission, wasn’t quite the fastest driver of his generation…
Formula 1 has ambitious goals for improving its carbon footprint, but could this include banishing its favoured composite material? PAT SYMONDS considers the alternatives to carbonfibre and what use, if any, those materials have in a Formula 1 setting
He’s fast, he’s smart, and he’s already shown he’s not going to let Max Verstappen intimidate him. George Russell won’t say it, but LUKE SMITH says he’s ready to take the lead at Mercedes when Lewis Hamilton moves on to a quieter life. And – whisper it – Mercedes and Lewis are starting to think so too
Fernando Alonso’s bombshell switch to Aston Martin sent shockwaves through Formula 1, not least at Alpine that finds itself tangled in a contract standoff with Oscar Piastri. Not shy of a bold career move and with a CV punctuated by them, there were numerous hints that trouble was brewing
OPINION: Ferrari's Formula 1 title hopes look all but over after another strategic blunder in last week's Hungarian Grand Prix denied Charles Leclerc the chance to fight for victory, while handing it to chief rival Max Verstappen. The Scuderia now faces intense scrutiny over what it must now do to finally become a genuine factor in championship battles
OPINION: Sebastian Vettel is set to leave Formula 1 at the end of 2022 and will, rather shockingly, be replaced by Fernando Alonso at Aston Martin. But what about the final chapter of the other driver that defined the post-Michael Schumacher era? In Hungary, Lewis Hamilton spoke about his future in the context of Vettel’s upcoming departure, which offered clues on how long it will last
OPINION: With more potential venues than there are slots in future calendars, rumours have been circulating that the Monaco Grand Prix could be a casualty of F1’s expansion into new markets. But MARK GALLAGHER thinks this is highly unlikely
The Hungarian Grand Prix race result, after a dry race held without safety car conditions, bore little resemblance to what was anticipated after qualifying. While certain drivers were nullified by some iffy strategy calls, others shone to grasp opportunities afforded to them in the last F1 race before the summer break
Renault aims to match the best Formula 1 engine by 2018 season
Manor earned respect in Formula 1 with 2016 performances, says Ryan