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Staggering billion-dollar F1 deal revealed as Red Bull profits fall - RacingNews365 Review

F1 has bagged another extraordinary deal, whilst Red Bull's and Williams' financials are also revealed

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To news overview © XPBimages

F1 has signed a new 10-year, €1 billion sponsor deal with LVMH, with the luxury company featuring brands such as TAG Heuer and Louis Vuitton. 

Read more: F1 announce 'historic' billion-dollar deal

Red Bull profits shrink despite record-breaking year

Red Bull Racing saw a sharp fall in its profits for the 2023 F1 season despite a record-breaking year on track.

Read more: Red Bull profits shrink despite record-breaking year

			© XPBimages
	© XPBimages

Why Wolff abandoned Verstappen pursuit for 'uncontaminated' Antonelli

Toto Wolff has explained his thinking behind the decision to promote Kimi Antonelli straight into an F1 race seat at Mercedes

Read more: Why Wolff abandoned Verstappen pursuit for 'uncontaminated' Antonelli

Ricciardo swoop 'at the right time' as next move eyed after F1

Daniel Ricciardo has only recently been sidelined by RB for Liam Lawson in F1, but a potential next home in motorsport has made itself known.

Read more: Ricciardo swoop 'at the right time' as next move eyed after F1

			© XPBimages
	© XPBimages

Ben Sulayem criticises British media over FIA treatment

FIA president Mohammed Ben Sulayem has criticised British media for what he sees as treatment that has "convicted" him. 

Read more: Ben Sulayem criticises British media over FIA treatment

Williams record staggering loss but no alarm bells ringing

Williams posted a staggering loss of £84 million in 2023 but the F1 team is adamant there is no cause for alarm.

Read more: Williams record staggering loss but no alarm bells ringing

Also interesting:

In a very special episode of the RacingNews365 podcast, lead editor Ian Parkes and Nick Golding are joined by three-time F1 world champion Sir Jackie Stewart. The current F1 season, the sport's safety and Lewis Hamilton joining Ferrari are leading talking points.

If you'd rather watch than listen - the video is available here!

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