Mercedes F1 spokesman said Toto Wolff's move was purely an investment and would be diluted by a rights issue on Monday from 4.77% to less than 1%.

Lewis Hamilton was linked with a move to Ferrari after the six-time world title winner revealed in January he had yet to open talks over a new deal with Mercedes.

Sebastian Vettel has hinted he may have a new deal with Ferrari before the Formula One season begins post the covid-19 pandemic.

Ferrari came out to refute report that they are leaving F1 if a proposed budget cap for 2021 was set too low and said that they remain committed to Formula One.

The 2020 Formula One championship has been thrown into turmoil since the covid-19 crisis swept around the world.

F1 teams have agreed verbally to lower the 2021 budget but some are pushing for further cuts to reflect the global financial crisis caused by Covid-19.

Mercedes brought James Allison into the team a year after his wife Rebecca died suddenly of meningitis in March 2016.

July 19 British Grand Prix has not yet been postponed or cancelled but organisers have confirmed that fans will not be allowed.

F1 boss Chase Carey announced plans of finally starting the truncated 2020 season after coronavirus-forced shutdown.

Lewis Hamilton said there was a big void in his life right now since he is unable to race due to coronavirus shutdown.

Lewis Hamilton said that he is missing racing everyday as coronavirus stalls sports around the globe.

The Monaco Grand Prix was canceled on March 19 because of the coronavirus outbreak, with the jewel in F1's crown removed for the first time in 66 years.

Teams normally take most of August off, but that period has now been freed up to give Formula One room to reschedule a string of races postponed due to the new coronavirus.

Footballers and cricketers join Formula One regulars for the Formula One Esports Virtual Grand Prix at the rendered Interlagos Circuit.

The 35th Formula 1 Hungarian Grand Prix will not be held in front of spectators due to the coronavirus pandemic, the orgznisers said.

Formula One legend Ayrton Senna died in a horrific crash on this day in 1994

Formula One managing director Ross Brawn said after a teleconference with teams and the governing FIA that a much fairer prize fund would feature in a new commercial agreement due by the end of this year.

Local newspaper reported an unnamed Moenchengladbach player and physiotherapist had tested positive for the coronavirus.

Claire Williams said that it was scary that if racing doesn't restart soon due to coronavirus, Formula One could lose an 'awful lot of teams'.

In the wake coronavirus pandemic, the first 10 races of the 2020 calender have either been called off or postponed.

Prime Minister Narendra Modi on Thursday expressed India's readiness to provide all possible support to Myanmar to mitigate the health and economic impact of COVID-19.

The spread of Covid-19 has significantly impacted Afghanistan from complicating the peace initiative to forcing border crossing closures that have disrupted commercial and humanitarian deliveries, according to a a watchdog report to the US Congress.

Germany has provided 3,000 coronavirus testing kits to Nepal to fight the pandemic. This is part of the bilateral cooperation between Germany and Nepal to fight the Covid-19 pandemic, said Embassy of Germany in Kathmandu. The 3,000 PCR-test kits arrived in Nepal on Saturday through a French repatriation flight, part of a total of 20K kits from Germany.

At least 29 Rohingya refugees from a fishing boat floating in the Bay of Bengal for weeks have landed on an island in southern Bangladesh. The refugees, including 15 women and six children, landed on Bhasan Char island on Saturday and are believed to be from one of several boats stuck at sea.

Alice Wells, the acting top US diplomat for South Asia, announced her retirement on Sunday as President Donald Trump looks increasingly likely to go a full term without a Senate-confirmed State Department official focused on the subcontinent.

Sixteen people, including 15 who came in contact with a religious leader who returned after attending the Tablighi Jamaat gathering in Delhi in March, have been tested positive, Nepal's health ministry said. All the 16 people were found Covid-19 positive on Sunday, it said, adding that the total number of coronavirus cases in Nepal now stands at 75.

A delegation of the Tamil National Alliance (TNA), Sri Lanka's main Tamil party, met the prime minister on Monday for a separate discussion on the prisoners issue after attending an all-party meeting convened by Mahinda Rajapaksa.

The IMF approved a disbursement to Nepal of about $214 million to help it cover the urgent balance of payments and fiscal needs stemming from the Covid-19 pandemic. The IMF said Covid is having a severe impact on Nepal's remittances, tourism, and domestic activity. It will substantially weaken the country's GDP growth, balance of payments and fiscal position.

All lawmakers in Nepal are being tested for the novel coronavirus as a precautionary measure ahead of the Parliament's budget session beginning on Friday. The swab samples of the members of Lower House and Upper House were collected for testing through Polymerase Chain Reaction (PCR) method, at the Parliament building on Thursday, according to officials.

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