Formula 1

Ferrari have unveiled their first works sportscar to compete at Le Mans for more than 50 years. The 499P was launched on Saturday for next year’s Le Mans 24 Hours race and World Endurance Championship. The sport introduced a new ‘hypercar’ class last year attracting several big manufacturers back to endurance racing. Ferrari chairman John
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Red Bull say their talks with Formula 1’s governing body over breaching the budget cap are on hold following the death of co-owner Dietrich Mateschitz. It has offered Red Bull an “accepted breach agreement”. However, team principal Christian Horner still insists that the team were were “significantly below the cap”. A statement from Red Bull
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