5:22 AM ET Seven-time world champion Lewis Hamilton was the big winner as Formula One’s governing body conducted its annual awards ceremony by video conferencing on Friday night due to the COVID-19 pandemic. The Mercedes driver was voted Personality of the Year by permanently accredited media and also received a joint FIA President Award with

5:27 AM ET Ferrari Formula One boss Mattia Binotto says he still enjoys the full support of his superiors after the team’s worst season in 40 years and is targeting a return to the top three next year. 1 Related The sport’s oldest and most successful team finished sixth overall in the 2020 constructors’ championship,

Dec 17, 2020 Sergio Pérez will drive alongside Max Verstappen at Red Bull next year, replacing Alex Albon, who will be demoted to the role of reserve driver. The Mexican driver has signed a one-year deal with the team for the 2021 season. Red Bull’s 2021 driver lineup has been a source of constant speculation

9:41 AM ET Mercedes parent company Daimler has confirmed it never considered withdrawing from Formula One, despite rumours earlier this year that it was weighing up its options. On Friday, Mercedes announced that chemical company Ineos had bought a third of its F1 team, bringing about a new ownership structure. Daimler reduced its shareholding in

Nov 10, 2020 Formula One’s 23-race schedule for 2021, featuring a new race in Saudi Arabia, has been given the official stamp of approval by the FIA’s World Motor Sport Council. Assuming the schedule goes ahead as planned, it will be the longest F1 season in history. 2021 F1 schedule March, 21 – Australian GP,

5:01 AM ET British chemical company Ineos has acquired one third of the shares in the Mercedes Formula One team from Mercedes’ parent company Daimler. 1 Related The world championship-winning team is now a third owned by Daimler (which reduced its shareholding from 60 percent), a third owned by Ineos and a third owned by

8:18 AM ET Based on the results of the 2020 season, it’s hard to argue with Red Bull’s decision to pick Sergio Perez over Alex Albon for 2021. In a slower car, Perez finished the year 20 points clear of Albon, won a race against the odds in Bahrain and scored points at every grand

4:28 AM ET Mexican Sergio Perez is set to replace Alexander Albon at the Red Bull Formula One team next season, according to media reports on Thursday. The Speedweek website, owned by Red Bull’s Media House, reported Perez had signed to replace the Thai youngster alongside Max Verstappen and the announcement would be made on

6:32 PM ET The Circuit of the Americas (COTA) has named the opening corner of its Formula One track ‘Big Red’ in honour of the circuit’s co-founder Red McCombs. The Texas-based businessman was the circuit’s largest investor when construction got underway in 2010 ahead of COTA’s first Formula One race in 2012. The corner will

7:53 AM ET Formula One’s unprecedented 2020 season is over. But how did the grid’s drivers fare? We’ve given each a grade based on their season. Top of the class Lewis Hamilton – Mercedes (A+) Yet again, Hamilton has been the star Formula One this year. His list of achievements in 2020 include 11 race