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Formula 1 Team Value 2024 Rankings
The 10 F1 teams are worth a total of $23.1 billion, according to data compiled by Sportico. Ferrari ranks…
Formula 1 to Add General Motors Team for 2026 Season
Formula 1 on Monday announced an agreement with General Motors and its Cadillac brand to join the race series…
Texas A&M Spent $160K on Aggies Branding for Two NASCAR Cars
Texas A&M University agreed to spend $160,000 to be the primary sponsor of Stewart-Haas cars at two NASCAR…
Joey Logano Wins Penske’s Third Straight NASCAR Cup Series Title
Team Penske is bringing home another title. Joey Logano is the new stock car racing champ after barely…
F1 Revenue Falls as Liberty Media Completes Split-Off of SiriusXM
Liberty Media, the company controlled by billionaire mogul John Malone that owns the Formula 1 racing circuit…
Ferrari Formula 1 Revenue Rises 20% in Third Quarter
Italian luxury brand Ferrari reported third-quarter financial results Tuesday that disclosed revenue of €1.64…
Michael Jordan-Owned Racing Team Sues NASCAR, Jim France
23XI Racing, the team co-owned by NBA legend Michael Jordan, announced that it jointly filed an antitrust…
Michael Andretti to Exit Ownership of Andretti Global
Michael Andretti is relinquishing his ownership stake in Andretti Global, the motorsports company he has…
Michael Jordan-Owned Team, NASCAR at Odds Over Future
23XI Racing, the NASCAR team co-owned by Michael Jordan, was one of two Cup Series team owners not to sign a…
NASCAR Cup Series Heads to Mexico City for 2025 Race
NASCAR is bringing its top series to Mexico City next year. The NASCAR Cup Series will host a regular…
More Grand Prix Races Drive Formula 1’s Record $871M Q2
The addition of two grand prix events helped Formula 1 to an all-time high in revenue during a second…
Stewart-Haas Racing to Close Shop at End of 2024
Stewart-Haas Racing, the NASCAR team co-owned by racing Hall of Famer Tony Stewart and Gene Haas, founder of…
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