Sergio Perez racked up another rumoured €1 million repair bill for Red Bull at the Hungarian Grand Prix and, in doing so, his team reportedly became the first to surpass the €5m mark for 2024.

And not just because Red Bull spends approximately one-third of its revenue on advertising.

Sergio Perez is set to remain at Red Bull after reports suggest the Mexican has brought in new sponsors worth over $40 ...

Recent financial records from Red Bull have revealed an 11 per cent salary increase for Horner in 2023, according to The ...

Unfortunately, Perez's form shows no signs of improvement. In Mexico, Perez suffered a shock early Q1 exit in qualifying and ...

Celsius Holdings saw a 72% stock drop with a 31% revenue decline. Learn why CELH stock could recover as Pepsi's impact fades ...

Alpine and Honda have been charged with a procedural breach of the engine cost cap restrictions for the 2023 season.

Red Bull Racing has reported a massive revenue boost in 2023, hitting £307 million, up £30 million from the previous year, on the back of a dominant, record-breaking Formula 1 season.

The FIA confirming Red Bull's cost ... of why Formula 1 is so strong at the moment," said Sky Sports F1 pundit Martin Brundle. "Stopping teams spending two and three hundred million has been ...