Formula 1 owner Liberty Media has appointed a new president and chief executive officer following Greg Maffei's departure last year. Derek Chang, an executive specialising in media sports and entertainment, will take on the role from 1 February.

Derek Chang, former NBA China executive, will assume the role of Liberty Media CEO in February 2025, succeeding Greg Maffei.

Former champions Williams, with Carlos Sainz joining from Ferrari alongside Alex Albon, will unveil their 2025 Formula One car at Silverstone on Feb 14 -- Valentine's Day -- ahead of a 10-team livery launch in London on the 18th.

Williams has revealed its 2025 car launch date, selecting 14 February for the launch of its FW47 Formula 1 car. The Grove-based squad will unveil its new car with a "bespoke one-off livery" for its Valentine's Day event at Silverstone,

The F1 team announced on Thursday that they will unveil the FW47 at a special launch event on Valentine’s Day, four days ahead of the first-ever F1 launch event in London at The O2 Arena. In a statement,

The Belgian Grand Prix secures a new contract that will keep it on the Formula 1 calendar for four out of six years from 2026-2031.

The Belgian Grand Prix at Spa-Francorchamps will drop off the Formula One calendar in 2028 and 2030 as part of a contract extension announced on Wednesday to host four races in the six years to 2031.

The Belgian Grand Prix will appear on the F1 calendar for four of the next six seasons after 2025, taking place in 2026, 2027, 2029 and 2031. It marks a first step from F1 to introduce circuit rotation to its calendar amid sizable demand from countries around the world to host a grand prix.