China to slash import tariff on cars, auto parts

China, the world's second largest auto market, will slash import taxes on cars and auto parts from July 1 to comply with Beijing's commitment to the World Trade Organisation.With the Chinese......

Formula One furloughs staff as bosses take pay cuts

McLaren boss Zak Brown warned at the weekend that Formula One is in "a very fragile state" and risks losing some of its 10 teams unless some big changes are made. IMAGE: The Formula One season has......

F1 cancels August break, 21 day shutdown in March-April

IMAGE: Six-time Formula One world champion Lewis Hamilton of Mercedes. Photograph: Robert Cianflone/Getty Images Formula One’s August shutdown will be brought forward and extended to a......

Now, point for fastest lap in F1

The driver, whose team will also score an extra point for the constructors' championship, must finish in the top 10. IMAGE: Ferrari's Sebastian Vettel drives during F1 Winter Testing at Circuit de......

Sports Shorts: Russian athletics federation remains banned

Summary of sports events and persons who made news on Tuesday  IMAGE: A view shows the logo at the The International Association of Athletics Federations (IAAF) headquarters in Monaco.......

F1 to return to 2015 qualifying format

IMAGE: Sebastian Vettel of Ferrari in action during the Australian Grand Prix in Melbourne. Photograph: Robert Cianflone/Getty Images Formula One will revert to its 2015 qualifying format at next......