Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States and the United Kingdom. The company holds commercial rights for the FIA Formula One ...

The FIA, motorsport’s world governing body, announced on Wednesday a major dialing back of the penalties issued to drivers for cursing after a groundswell of opposition towards the new regulations.

The FIA, Formula One’s governing body, has made significant revisions to the controversial penalty guidelines regarding misconduct and swearing it introduced earlier this year. The FIA has made ...