Gone are the days when a team can throw money at their problems in Formula 1. Ferrari are searching for the new route to success.

Ferrari vice-chairman Piero Ferrari believes F1’s cost cap has hampered the Scuderia’s ability to fight its way back to the top of the sport.

F1 may be in the midst of its summer break, but news on a potential return to this European country was announced today. Along with that, there has been talk about how much money Lewis Hamilton has brought to Ferrari since joining,

Ferrari Formula One chief Fred Vasseur has signed a new, multi-year contract extension with the team, putting an end to speculation about his future. Vasseur, 57, took charge of Ferrari at the start of the 2023 season, having previously led Sauber’s F1 team.

Ferrari rocked the Formula 1 world before the start of the 2024 season, reaching an agreement on a contract with seven-time Drivers’ Champion Lewis Hamilton to begin driving for the team in 2025.

Charles Leclerc has hailed Fred Vasseur’s “vision” and cold-blooded approach after the Ferrari team principal was handed a new contract following speculation about his future.

When the F1 2026 arrives with an all-new regulatory set, Mercedes boss Toto Wolff has one team in mind as an ideal championship challenger.