It was a bit like launching a sports car in Oxford Street and taking it for a spin down to Piccadilly Circus – or, in the case of San Francisco, Union Square – but the latest spin-off in the development of the America’s Cup brand took place in front of the Palazzo Ducale, next to the Doge’s Palace and St. Mark’s Square and will give youth a chance.

Companies are wasting a whopping £42 million a year on office space they don't need.

Fernando Alonso says Ferrari must show progress at next weekend's Spanish Grand Prix.

Sebastian Vettel says Red Bull have lost self-belief after failing to replicate last season's dominance so far in 2012. Red Bull won 12 out of 19 races in 2011 and took 18 pole positions to wrap up their second world titles in as many seasons.

Britain’s Leigh McMillan completed an impressive four days to win the second event in the 2012 series of the Extreme Sailing Series in Qingdao, China.

A solid start for Ian Williams’ GAC Pindar team put them in third place at the end of the first day of the Extreme Sailing Series regatta in Qingdao.

McLaren team principal Martin Whitmarsh believes supremo Bernie Ecclestone's plans to float Formula One on the stock exchange would bring no benefit to the sport.

The creator of Red Bull, who became one of the world's richest men thanks to the success of the fizzy, caffeine-laden drink, died yesterday in Bangkok of natural causes. Chaleo Yoovidhya was 89.

Ferrari finished Formula One's first pre-season test on a high note as Fernando Alonso was fastest in today's session.

Sebastian Vettel is reserving judgment on whether he can make it a hat-trick of Formula One world championships this season.

Formula One champion Sebastian Vettel dismissed the prospect of running away with a third straight driver's title, predicting Monday a more competitive season because of rule changes that have cost Red Bull a precious advantage.

Hispania Racing have completed their driver line-up for the Formula One season as Narain Karthikeyan returns to the cockpit.

Red Bull have sprung a surprise by naming Sebastien Buemi, who was dropped from feeder team Toro Rosso, as the reserve driver for their senior team.

Red Bull Racing have thrown a Formula One lifeline to Switzerland's Sebastien Buemi by appointing him as their test and reserve driver after he was discarded by sister team Toro Rosso.