UK motorsport businesses missing out on corporation tax relief Sport Business The heart of the UK’s Formula 1 and motorsport hub could be paying unnecessarily high tax rates because they’re unaware of free relief available to them, a new study has revealed. Less than 10 per cent of firms are claiming Patent Box relief in the motorsport corridor of the UK, which houses the likes of [...]
Hamilton world title or Fury vs Joshua? The betting trends set to dominate 2025 Sport Business Millions of Brits love a little betting flutter now and again, and sport is where the majority of our punts go. Government reports state that “the provisional 2024 to 2025 year-to-date [April to September] total for betting and gaming receipts is £1,78bn, which is £102m (6 per cent) higher than the same period during the [...]
Hamilton: I cannot be more excited about Ferrari move Sport Lewis Hamilton has spoken about his move to Ferrari, stating he is excited for the year ahead. The seven-time world champion F1 driver has made the move from Mercedes to Maranello to join Charles Leclerc at Ferrari. He joins a team who appeared to be on the up towards the end of the 2024 season, [...]
The 2024 and 2025 F1 seasons with P1 podcasters Matt and Tommy December 20, 2024 When City AM sat down with Matt Gallagher and Tom Bellingham 18 months ago the podcasting duo had just set up their own F1 startup, P1 with Matt and Tommy. A season-and-a-half and two Max Verstappen world titles later and the duo are enjoying a run of sold out shows replicating their streaming set up, [...]
Full Formula 1 grid as Isack Hadjar joins to complete 2025 line up December 19, 2024 All seats on the 2025 Formula 1 grid have been filled after Liam Lawson was confirmed as Sergio Perez’s replacement at Red Bull Racing with Isack Hadjar replacing the Kiwi at RB. Mexican Perez was sacked on Wednesday after a 2024 season where he consistently finished below par in comparison to his teammate Max Verstappen. [...]
McLaren winning Constructors’ Championship shifts tectonic plates of F1 December 10, 2024 At first glance Formula 1 might look like a billionaire boys’ club, where the cash reserves are endless and the supplies infinite. And to a large extent, that’s true. But the motorsport series has a budget cap now which was introduced to level the playing field, to allow challenger teams to take on the might [...]
Ferrari to help General Motors and Cadillac Formula 1 entry December 10, 2024 Ferrari will provide engines and a gearbox to the General Motors and Andretti bid that will see Cadillac enter Formula 1 in 2026. The agreement, subject to the American newcomers having their application approved by both Formula 1 and the sports governing body the FIA, represents a huge obstacle passed for the General Motors team, [...]
Russell: Bully Verstappen wanted to put me on my f****** head in the wall December 5, 2024 Formula 1 driver George Russell has unleashed a brutal attack on world champion Max Verstappen after the Dutchman moaned about the Brit. Verstappen said he lost all respect for George Russell after an incident in Qatar but the Mercedes driver hit back, saying the Dutchman had “bullied” people for years and promised to purposely crash [...]
Lewis Hamilton move can complete Ferrari F1 love affair December 4, 2024 When Lewis Hamilton rounds the final corner at the Yas Marina Circuit on lap 58 of the Abu Dhabi Formula 1 Grand Prix on Sunday, it’ll be an epochal moment for the Mercedes driver. For in all likelihood the British driver will have completed his 246th race for the Silver Arrows, and his 356th race [...]
FIA wants key ethics and audit committee rules changes December 3, 2024 The governing body of Formula 1 the FIA wants to change a number of rules to limit how its leadership can be held to account after a number of complaints against the president Mohammed Ben Sulayem. Ben Sulayem has been criticised by drivers over a number of issues and has faced questions over his private [...]