McLaren told to pay over $50 million to FIA
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McLaren will have to pay over $50 million to the International Automobile Federation (FIA), which will use the money to promote safer motorsport worldwide, Formula One's governing body said on Wednesday.
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Formula One team McLaren were charged Thursday by the sport&#39;s world governing body, following claims a member of their staff received confidential technical information from arch-rivals Ferrari.
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Formula One's governing body said on Monday it was investigating McLaren for a possible breach of the rules in Sunday's Monaco Grand Prix.
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According to the Austrian news agency APA, the Scotsman has agreed to a one year deal with Red Bull Racing for 2005. A second driver will be confirmed in the new year.
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Formular One tycoon Bernie Ecclestone has given 48 hours to owners of Britain&#39;s famous Grand Prix circuit Silverstone to agree a contract for next year&#39;s British GP.
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Germany's Daimler AG's Mercedes plans to extend its stake in Formula One team McLaren to a majority share, Auto Motor und Sport magazine reported on Wednesday which could lead to the departure of the team's long-time boss Ron Dennis.
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Auto racing Accused of using leaked secret data from its main rival Ferrari, the Formula One team McLaren was hit with a record $100 million fine yesterday by the World Motor Sport Council in the biggest scandal to hit auto racing's premier circuit. Although McLaren drivers Lewis Hamilton and Fernando Alonso escaped punishment, the espionage claims have rocked the sport ...
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McLaren received a flow of information from a spy within rivals Ferrari for nearly three months this year, the FIA reveals.
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Alain Prost says McLaren's decision to give Lewis Hamilton and Fernando Alonso equal status could work against them.
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PARIS -- The McLaren team was fined $100 million and stripped of its points in the constructors' standings Thursday in the spying scandal that has rocked the sport.
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STUTTGART, Germany  - Lewis Hamilton expects McLaren to be a far more harmonious team now that Heikki Kovalainen has replaced Fernando Alonso.
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A quarter of a billion dollars to build the track. Tens of millions in racing fees. More than 150,000 live spectators and a television audience of hundreds of millions.
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Prosecutors look to seize up to Â£50m of assets from the disgraced media baron after his conviction.
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Formula One's governing body will investigate McLaren for a possible breach of the rules in Sunday's Monaco Grand Prix.
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McLaren will decide on Friday whether to appeal against their Â£49.2m fine and the deduction of all their points from the contractors' championship.
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The IOC fine the Austrian Olympic Committee Â£500,000 over the doping affair at last year's Turin Winter Games.
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Formula One supremo Bernie Ecclestone is to sue Jackie Stewart, the president of the British Racing Drivers&#39; Club (BRDC), for libel in the ongoing row about the future of the British Grand Prix.