Search

McLaren Racing reportedly set for historic $1billion revenue milestone

McLaren Racing is projected to become the first Formula 1 team to surpass $1billion in annual revenue, according to a report by Sky News. The report states that McLaren Racing Ltd's accounts for the 2025 calendar year will be filed this week. Sources indicate the Woking outfit will declare revenue of £588million ($779.6million). While the figures include McLaren's IndyCar operations, F1 ...Keep reading

racingnews365.com·Jan 22

Mercedes logs onto new F1 era with new trillion-dollar company partnership

Mercedes has announced a brand-new F1 partnership with technical behemoth Microsoft ahead of the 2026 season. As the team prepares to launch its W17 machine later on Thursday, it was announced that the company founded by Bill Gates and Paul Allen would be joining forces with the eight-time constructors' champions ahead of the new era. Explaining the deal, Mercedes said that it was "partnering with Microsoft to harness the power of its trusted cloud and enterprise AI technologies across the business from the factory to the racetrack." According to a report from Sky News, the deal could be worth up to as much as $60 million per year, making it one of the largest F1 sponsor deals on the grid. "Our sport is driven by those who lead through innovation," explained Mercedes boss Toto Wolff. "We are delighted to partner with Microsoft, one of the world's foremost technology leaders, whose name is synonymous with groundbreaking innovation. "This partnership also reflects our commitment to staying at the forefront of performance and progress. By putting Microsoft's technology at the centre of how we operate as a team, we will create faster insights, smarter collaboration and new ways of working as we look ahead to the next generation in F1." Microsoft's CEO of commercial business , Judson Althoff, explained that the "cloud and enterprise AI technologies" would be "at the heart of racing performance where milliseconds matter and data determines outcomes." In July 2025, Microsoft passed a market cap of $4 billion USD for the first time. The striking new livery for the 2026 W17 was unveiled, with a full photo gallery available by clicking on the link.

racingnews365.com·Jan 21

Cadillac deliver 'fully legal' swipe at rival amid growing F1 controversy

Cadillac boss Graeme Lowdon has declared his team will be running a "fully legal engine" in the 2026 season, after the alleged Mercedes engine trick controversy. Over the winter, it was reported that Mercedes High Performance Powertrains, and potentially Red Bull Powertrains, had found a way to increase the engine compression ratio beyond the new 16:1 limit when the cars were out on track. Crucially, however, when the engines would be measured at ambient temperature in the pit-lane, the compression ratio would be back at the 16:1 limit, with a higher ratio leading to a power increase. It was estimated that around the Albert Park lap of the Melbourne season-opener, the trick, if used, could be worth as much as 0.3s per lap, or 17.4s in race time across the 58 laps. RBPT boss Ben Hodgkinson did not completely deny that his team were running such a trick upon the Red Bull launch last week, with the Mercedes car set for launch on Thursday, January 22nd. For the newcomer team Cadillac, it is to be powered by a customer Ferrari engine, and has completed a shakedown at Silverstone. Speaking after this, team principal Lowdon observed that he was confident the power unit from Maranello was "fully legal." "What I'm very confident and happy about is we have a fully legal engine," Lowdon told Sky Sports News. "With these engines, the combustion is not allowed to take place at a compression ratio above 16 to 1. "Without going into too many details, we know that Ferrari have completely followed the rules where that stands. That gives us a lot of confidence. "In terms of performance, we work and support our power unit partner to the absolute maximum. We're very happy with the relationship. "I can't really talk for other people's power units or how they've interpreted the regulation. But to me, it's extremely clear, it's there in black and white." "I've worked with Ferrari a number of times before; they're great partners. It's an iconic name in Formula 1. All of the people in that team are real racers as well, and we welcome them into the Cadillac Formula 1 team."