All 10 Formula 1 (F1) teams have been valued above $1 billion in 2024, Afrosport reports. The sport is enjoying one of its biggest financial periods since the takeover by Liberty Media in 2017 thanks to an increase in making it more accessible through initiatives such as the Netflix ‘Drive to Survive’ series. The F1 calendar has also grown to 24 races which has exposed the...
Mick Schumacher will leave Mercedes at the end of the 2024 Formula 1 season, Afrosport reports. The son of legendary German driver Michael Schumacher has been part of the Mercedes since the start of 2023 as their reserve and simulator driver. This was coupled with commitments with Alpine in the World Endurance Championship. Schumacher will now leave the German automobile giant after he was unable to make...
Formula 1 has agreed a deal in principle with American automobile giant General Motors (GM) and its Cadillac brand to enter the sport as the 11th team in 2026, Afrosport reports. The deal will see Cadillac join as a customer team while developing its in-house power units from 2028 and beyond with the help of the existing Andretti Global project based in Silverstone. F1 governing body,...
Max Verstappen is relieved to have clinched a fourth Formula 1 world championship title after finishing ahead of Land Norris in Saturday night's Las Vegas Grand Prix, Afrosport reports. The Red Bull Racing driver crossed the chequered flag in fifth ahead of title rival Norris who took home the fastest lap of the race to extend McLaren’s control of the constructors' championship. George Russell claimed the...
Lewis Hamilton believes he should have been on pole position for the Formula 1 Las Vegas Grand Prix but ended qualifying in 10th place, Afrosport reports. His Mercedes teammate George Russell took pole, the German manufacturer's first since the British Grand Prix at Silverstone in June. Russell topped the first part of qualifying in Vegas before Hamilton took charge of the second part. The seven-time world...
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