The investment is led by Brazilian group OutField, an international consortium co-founded by Pedro Olivera, and includes Georgios Frangulis, CEO of global health-food brand OakBerry.
Kevin Magnussen was taken to hospital for precautionary checks after suffering a cut to his left ankle in a high-speed crash at the Belgian Formula One Grand Prix on Sunday, his Renault team said.
Renault driver Kevin Magnussen has been given the green light to race in Sunday's Italian Grand Prix after passing a fitness check at Monza, the Formula One team said.
Four times Formula One world champion Max Verstappen and partner Kelly Piquet announced the birth of daughter Lily on Friday.
Danish Formula One driver Kevin Magnussen is leaving McLaren after being informed by email on his birthday that the team had no place for him.
Renault announced the Formula One comeback of Danish driver Kevin Magnussen at the launch on Wednesday of a new-look team that will put the French carmaker back on the starting grid as a constructor.
Red Bull's Max Verstappen won the Qatar Grand Prix on Sunday with the battle for the constructor's title going down to next weekend's Abu Dhabi season-ender
Oscar Piastri won the Azerbaijan Grand Prix and sent McLaren top of the constructors' standings in a race that finished with a virtual safety car after a penultimate lap collision between Ferrari's Carlos Sainz and Red Bull's Sergio Perez.
McLaren are set to replace Mexican Sergio Perez with Danish rookie Kevin Magnussen for next season, media reports said on Monday.
Leclerc was 11 seconds clear with seven laps to go and 8.3 ahead with five remaining as the massed ranks of 'tifosi' willed him on.
Lando Norris led a McLaren front row sweep in qualifying for the season-ending Abu Dhabi Grand Prix on Saturday
McLaren are leading the constructor's championship but are only 29 points ahead of Ferrari, with Leclerc an obvious threat and team mate Carlos Sainz qualifying fifth and Mercedes' George Russell sixth.
Red Bull's Max Verstappen equalled Ayrton Senna's record of eight pole positions in a row.
Lewis Hamilton will bring down the curtain on his Mercedes career in Abu Dhabi on Sunday as his past and future Formula One teams, McLaren and Ferrari, fight for a constructors' title to end years of waiting.
McLaren's Lando Norris hailed the best qualifying lap of his career after beating F1 leader Max Verstappen to pole position at the US Grand Prix.
The win was a first for Ferrari in Mexico since 1990 and fourth of Carlos Sainz's career.
A spectator at the Formula One Australian Grand Prix suffered a cut to his arm when struck by a piece of debris from Kevin Magnussen's car.
Max Verstappen won the first sprint race of the Formula One season at the Chinese Grand Prix on Saturday.
Ferrari's Carlos Sainz won the Australian Grand Prix on Sunday in a triumphant return two weeks after appendicitis surgery as Red Bull's World champion Max Verstappen suffered his first retirement in two years.
Max Verstappen became the first Formula One driver to take 16 victories in a season
Max Verstappen won Formula One's first Chinese Grand Prix in five years on Sunday.
Spain's Fernando Alonso will not race in next week's season-opening Australian Formula One Grand Prix on doctors' advice after a heavy crash in testing, his McLaren team said on Tuesday.
Verstappen's hopes of a record-extending 11th successive victory looked a long shot on a city circuit where overtaking is never easy.
Perez, who started eighth on the grid, finished ninth after being passed by Kevin Magnussen towards the end of the 56-lap race.
Force India regained fifth position in the team standings with a double points finish at the Formula One Singapore Grand Prix at the Marina Bay Street Circuit on Sunday.
Formula One drivers expressed shock after the sport's governing body quadrupled the amount stewards can fine them to a maximum of one million euros ($1.06 million).
Carlos Sainz lapped Monza's "Temple of Speed" with a fastest time of one minute 20.294 seconds, 0.013 quicker than Max Verstappen's final flying lap.
Formula One leader Max Verstappen won the British Grand Prix on Sunday as Red Bull stayed unbeaten in 2023 and equalled McLaren's 1988 record run of 11 victories in a row.
The victory at Suzuka was the Dutch driver's 13th in 16 races this season and left him on the brink of a third world title.
It was the first time Verstappen, winner of a record 19 of 22 races last year, has won the first two races of a season. He has also won 19 of the last 20.
Max Verstappen signed off on a dominant 2022 Formula One campaign with a record-extending 15th win of the year
Haas had argued that Alonso's car was in an unsafe condition after a collision because the right-hand mirror, which eventually fell off, was moving around. They also made the point they had been shown a black and orange flag, requiring a driver to pit due to mechanical problems or loose bodywork, on three occasions this season.
Mexican Sergio Perez will race for Force India next season, the British-based Formula One team announced on Thursday.
Leclerc had seized the lead at the start, and held it through an initial safety car period, before Verstappen made up for his poor getaway and passed the Monegasque -- whose tyres were fading fast -- with a late move around the outside.
Max Verstappen led a soggy Monaco Grand Prix from start to finish on Sunday
McLaren's Fernando Alonso put in a day's work in the team's Formula One simulator on Wednesday ahead of his expected return to the racetrack in Malaysia next week after his crash in pre-season testing.
The Schumacher name will return to Formula One next season with Mick, son of Ferrari great and seven-times world champion Michael, announced on Wednesday as a race driver for the US-owned Haas team.
Ferrari's Carlos Sainz won the Singapore Grand Prix on Sunday to end Formula One leader Max Verstappen's record run of 10 wins in a row.
Team by team analysis of Sunday's US Formula One Grand Prix at the Circuit of the Americas.
A summary of sports events and persons who made news on Friday.
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