The agency has cited a projected decline in gas tax collections, limitations on where money can be spent and inflation as reasons for the shortfall.

Ireland's Alex Dunne says he is "confident" he will be able to fight for the Formula 2 title in 2026. Dunne will stay with Rodin Motorsport for a second season after a strong rookie year. The ...

Lando Norris won his maiden Formula 1 World Drivers' Championship on Sunday after coming third in the deciding showdown in Abu Dhabi. The accolade wraps up a clean sweep for his McLaren team, after ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The lights in London’s Excel centre are low as 22 electric cars line up for the final race of Formula E’s 11th ...

The 25-year-old, who was recently announced as a test and reserve driver for the incoming Cadillac Formula 1 team, will move to Europe to compete full-time in F2. The shift from North America to the ...

American driver Colton Herta will take the unique step of racing in feeder series Formula 2 in 2026 in a bid to one day make the Formula 1 grid. Multiple IndyCar race winner and 2024 series runner up ...

The identity of IndyCar star Colton Herta's Formula 2 team has finally been revealed, with the Californian set to join the Hitech team for 2026. Since debuting in IndyCar in 2018, Herta has been one ...

American IndyCar driver Colton Herta is making a big move. He’s joining Hitech TGR for the 2026 FIA Formula 2 Championship, a major step toward his dream of racing in Formula 1. The 25-year-old ...

IndyCar driver Colton Herta will join Hitech's Formula 2 team for the 2026 season. The move is intended to help Herta earn the final points needed for an FIA super license to qualify for Formula 1.

Apple TV has signed an exclusive five-year deal to be the broadcaster of Formula 1 in the United States starting in 2026, it was announced Friday. Apple's deal is believed to be worth $160 million per ...

At last week’s Singapore Grand Prix, the scale of Formula One’s (F1) new popularity was impossible to miss. In the Ferrari hospitality box, team president Frédéric Vasseur observed how the event had ...