Seven-time F1 world champion Lewis Hamilton is having quite the year both on and off the track.

The 41-year-old Hamilton has enjoyed an F1 renaissance in 2026, bouncing back in spectacular style after a miserable first season at Ferrari.

He is now challenging for the title again as he goes into the second half of the season in second place in the standings – 50 points behind Italian prodigy Kimi Antonelli.

Lewis has also now got some very very good news this week about a high-profile financial investment. Spoiler alert – it’s performing incredibly well.

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F1 team owner in record $12.5bn sale

1 team owner Mark Walter has sold the NBA basketball team the LA Lakers for an incredible $12.5bn (£9.3bn).

The sale comes less than a year after Walter, who with TWG owns the Cadillac F1 team, bought the Lakers for $10bn (£7.45bn) from the Buss family in a then record deal in October 2025.

That makes a tidy 25 per cent profit from his investment in just 10 months, with Josh Kushner, the brother of US president Donald Trump’s son-in-law Jared, and a former Disney chief Bob Iger now taking a controlling interest in the huge basketball team.

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Red Bull 2.0: Meet Max Verstappen‘s new confidants after Gianpiero Lambiase exict

With the upcoming departure of Gianpiero Lambiase drawing ever closer by the day, Red Bull are now on the hunt for new trusted confidants for fourMax Verstappen.

The once dominant F1 team is now in rebuild mode after a significant talent drain which has seen the likes of Christian Horner, Adrian Newey, Helmut Marko, Rob Marshall and Jonathan Wheatley all exit stage left.

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Lightning McQueen set for grand prix debut as F1 confirm ‘significant’ Disney deal

Iconic ‘Cars’ character Lightning McQueen is set for an appearance at the Italian Grand Prix after F1 and Disney announced a ‘significant’ deal extension.

“Fuel the Magic” was launched as a collaboration between F1 and Disney in 2025 with the aim of providing immersive experiences to F1 fans through Disney storytelling.

It has now been confirmed that the collaboration has been extended through 2028, adding another year to the deal and incorporating the popular Cars franchise into the partnership.

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F1 champion lost his seat after winning world title and says Michael Schumacher’s influence played a role

1996 world champion Damon Hill says that Michael Schumacher’s influence and F1’s consequent pivot towards Germany played a role in him losing his seat at Williams.

Heading into the 1996 campaign, Schumacher had just become a two-time world champion at Benetton, beating Hill to the title in 1994 and 1995 and earning himself a blockbuster move to Ferrari.

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Racing star feared Danica Patrick was going to punch him

NASCAR star Denny Hamlin has opened up on the time that he feared former rival and ex-Sky Sports F1 pundit Danica Patrick was going to punch him.

For those who don’t know, long before her days on British television reporting on F1, Patrick had an incredible career in the States, racing extensively in both IndyCar and NASCAR.

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New Cadillac team principal Marcin Budkowski has spoken out on rumours that Sergio Perez could ditch the team at the end of the year.

The American outfit chose a driver duo of Perez and Valtteri Bottas for their debut season in the sport, while plucking Colton Herta from IndyCar for an F2 drive in the hopes of developing an American star to anchor their F1 team long-term.

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F1 team boss removed from role as replacement announced

F1’s newest team Cadillac have made the shock announcement they have a new team principal in place for the rest of the season following the exit of Graeme Lowdon.

Lowdon had helped the team settle in to the world of F1 in their first season in the sport but has been replaced by Marcin Budkowski with immediate effect.

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Lewis Hamilton back with Angela Cullen for intense training during F1 summer break

While many of the Formula 1 stars have taken full advantage of the opportunity to relax during the summer break, Lewis Hamilton is leaving nothing to chance.

F1 is currently in an enforced two-week shutdown to give drivers and team staff a timeout during a long and intense season that runs from March to December.

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F1 president admits Max Verstappen talks as aggressive changes planned

Although Formula 1 CEO Stefano Domenicali has been openly critical of Max Verstappen in recent months, he is confident that next year’s rule changes will once again win over the Dutch star.

The new adjustments aim to realign the sport with its original vision and address driver concerns.

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McLaren chief issues F1 title warning after Max Verstappen lesson

McLaren team principal Andrea Stella has insisted that the end of the 2025 season is reason for optimism about the team’s title chances.

Lando Norris and Oscar Piastri were in a class of their own by the summer break last year, but a Red Bull and Max Verstappen comeback pushed the title race all the way to the final race.

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When former F1 team principal Guenther Steiner sat down to watch the season-opening 2026 Australian Grand Prix, he could not quite believe what he was watching.

While some newer fans loved the yo-yo overtaking at Albert Park, hardcore observers were shocked by the immediate visual impact of the sport’s controversial new regulations.

The move to make cars a 50-50 balance between ICE (Internal Combustion Engine) and electrical power came with howls of derision with drivers forced to lift and coast in qualifying and the dreaded ‘super-clipping’ becoming a regularly used phrase.

Four-time world champion Max Verstappen was particularly withering in his criticism, describing it as ‘Formula E on steroids’.

F1 HEADLINES: Leclerc fires warning as fans go wild for Lewis Hamilton and Kim Kardashian

How did F1 allow this to happen?

Steiner spoke about that shocking moment on the Up To Speed podcast, and asked the simple question: How did F1 allow this to happen?

He revealed: “I was surprised in Australia – because you know how well F1 normally prepares themselves – when I say Australia it was like ‘wow, I didn’t expect this’.

“This is all possible to simulate what is happening – not 100 percent but 95 percent. But to start up like that I was surprised. They got immediately for Miami but why we didn’t start off on a level like Miami, that’s what surprised me.

“Because it wasn’t difficult to do, it’s just fine-tuning some stuff. Formula 1 is good in adapting, they see this is not perfect, they need to adjust it and I think it’s the right way to go.”

Timing crucial when analysing 2026 regs

They say timing is everything in life and Steiner believes it has much to do with why these new regulations (announced in 2022, ratified in 2024) were implemented. Put simply, what we know we did not know then.

He continued: “You always have to think back to when these regulations were invented, we all thought the future of the car is electric, and that didn’t happen. I think the future of electric will happen, but not as we maybe expected five years ago to take over 100 percent. There will be a choice of technologies.”

Steiner does believe F1 will adapt and get to a better place, and outlined how and why that might happen.

“So maybe the next rules will be different with sustainable fuels – why do we bother too much about electricity if we can have sustainable fuel, which is net zero anyway.

“Five years ago, when these rules were decided, we didn’t know what we know now. I think now the next decision will be based on our knowledge now.

“The good thing with Formula 1, it always adapts and finds solutions. There is money, there is bright people – when you’ve got two things like this, it’s easy to get out of a hole.”

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