From a legendary team going on the market to budget cap approval, Formula One has thrown up another lively week of gossip in our news roundup.
“The WGPH [Williams Grand Prix Holdings] board is undertaking a review of all the various strategic options available to the Company. Options being considered include, but are not limited to, raising new capital for the business, a divestment of a minority stake in WGPH, or a divestment of a majority stake in WGPH including a potential sale of the whole Company. Whilst no decisions have been made regarding the optimal outcome yet, to facilitate discussions with interested parties, the Company announces the commencement of a “formal sale process”.”
The statement continued: “The Company is not in receipt of any approaches at the time of this announcement and confirms that it is in preliminary discussions with a small number of parties regarding a potential investment in the Company. There can be no certainty that an offer will be made, nor as to the terms on which any offer will be made. The WGPH board reserves the right to alter or terminate the process at any time and if it does so it will make an announcement as appropriate. The WGPH board also reserves the right to reject any approach or terminate discussions with any interested party at any time.”
As young driver programmes within Formula One come under scrutiny for producing a lack of talent, we take a look at the current crop of academy drivers and assess which teams are maximising their programmes to full efficiency.
As rumours continue to surround Sebastian Vettel’s future in Formula One, Mercedes could find themselves at a crossroads in terms of their future driver direction.
Formula One drivers and teams of past and present have paid tribute to three-time world champion, Niki Lauda as the sport marks the first anniversary of his death.
Full reaction to two huge announcements in the Formula One world as Daniel Ricciardo confirmed his move to McLaren, freeing up Carlos Sainz to complete his move to Ferrari next season.
As Formula One continues its wait to properly commence the 2020 season, we caught up with this season’s only rookie and Williams driver – Nicholas Latifi in pre-season to reflect on his F1 plans and look back at his last two seasons in F2.
Happy Easter and welcome to our latest news roundup from the world of Formula One, featuring another race postponement and plenty of juicy gossip.
Welcome to our second weekly news roundup from the world of Formula One as teams remain in limbo ahead of the new season, with a fresh delay amongst our top stories.
With the new F1 season and decade of racing currently suspended due to Coronavirus outbreak, we are set to see a changing of the guard unfold with several new stars arriving on the scene.
As the new Formula One season prepares to spring into life, discover everything that you need to know ahead of the weekend in our 2020 Australian Grand Prix preview.
Welcome to your ultimate guide to the 2020 Formula One season as Lewis Hamilton and Mercedes look to make history, whilst the youth look to continue their rise and take the fight to their experienced rivals.
Formula One teams are reportedly ‘shocked’ by the Federation Internationale Automobile (FIA)’s statement on Friday, concerning their investigation into Ferrari’s power unit at end of 2019 season.
Valtteri Bottas finished pre-season testing on top ahead of Red Bull’s Max Verstappen on a hectic final day of running for all teams.
Ferrari begun to unmask their pace as Sebastian Vettel topped the second day of the second F1 test at Circuit de Catalunya, Barcelona.