The investment is led by Brazilian group OutField, an international consortium co-founded by Pedro Olivera, and includes Georgios Frangulis, CEO of global health-food brand OakBerry.
Four times Formula One world champion Max Verstappen and partner Kelly Piquet announced the birth of daughter Lily on Friday.
Danish Formula One driver Kevin Magnussen is leaving McLaren after being informed by email on his birthday that the team had no place for him.
Red Bull's Max Verstappen won the Qatar Grand Prix on Sunday with the battle for the constructor's title going down to next weekend's Abu Dhabi season-ender
Kevin Magnussen was taken to hospital for precautionary checks after suffering a cut to his left ankle in a high-speed crash at the Belgian Formula One Grand Prix on Sunday, his Renault team said.
Renault driver Kevin Magnussen has been given the green light to race in Sunday's Italian Grand Prix after passing a fitness check at Monza, the Formula One team said.
Renault announced the Formula One comeback of Danish driver Kevin Magnussen at the launch on Wednesday of a new-look team that will put the French carmaker back on the starting grid as a constructor.
Lando Norris led a McLaren front row sweep in qualifying for the season-ending Abu Dhabi Grand Prix on Saturday
McLaren are set to replace Mexican Sergio Perez with Danish rookie Kevin Magnussen for next season, media reports said on Monday.
Lewis Hamilton will bring down the curtain on his Mercedes career in Abu Dhabi on Sunday as his past and future Formula One teams, McLaren and Ferrari, fight for a constructors' title to end years of waiting.
Oscar Piastri won the Azerbaijan Grand Prix and sent McLaren top of the constructors' standings in a race that finished with a virtual safety car after a penultimate lap collision between Ferrari's Carlos Sainz and Red Bull's Sergio Perez.
McLaren are leading the constructor's championship but are only 29 points ahead of Ferrari, with Leclerc an obvious threat and team mate Carlos Sainz qualifying fifth and Mercedes' George Russell sixth.
Leclerc was 11 seconds clear with seven laps to go and 8.3 ahead with five remaining as the massed ranks of 'tifosi' willed him on.
McLaren's Lando Norris hailed the best qualifying lap of his career after beating F1 leader Max Verstappen to pole position at the US Grand Prix.
The win was a first for Ferrari in Mexico since 1990 and fourth of Carlos Sainz's career.
Images from the 15th FINA World Swimming Championships held in Barcelona on Thursday.
Ferrari's Charles Leclerc won the Monaco Grand Prix on Sunday to become the first home winner
Red Bull's Max Verstappen equalled Ayrton Senna's record of eight pole positions in a row.
Max Verstappen won Formula One's first Chinese Grand Prix in five years on Sunday.
Max Verstappen became the first Formula One driver to take 16 victories in a season
Max Verstappen won the first sprint race of the Formula One season at the Chinese Grand Prix on Saturday.
Ferrari's Carlos Sainz won the Australian Grand Prix on Sunday in a triumphant return two weeks after appendicitis surgery as Red Bull's World champion Max Verstappen suffered his first retirement in two years.
It was the first time Verstappen, winner of a record 19 of 22 races last year, has won the first two races of a season. He has also won 19 of the last 20.
A spectator at the Formula One Australian Grand Prix suffered a cut to his arm when struck by a piece of debris from Kevin Magnussen's car.
Verstappen's hopes of a record-extending 11th successive victory looked a long shot on a city circuit where overtaking is never easy.
Max Verstappen led a soggy Monaco Grand Prix from start to finish on Sunday
Formula One drivers expressed shock after the sport's governing body quadrupled the amount stewards can fine them to a maximum of one million euros ($1.06 million).
The victory at Suzuka was the Dutch driver's 13th in 16 races this season and left him on the brink of a third world title.
Carlos Sainz lapped Monza's "Temple of Speed" with a fastest time of one minute 20.294 seconds, 0.013 quicker than Max Verstappen's final flying lap.
Formula One leader Max Verstappen won the British Grand Prix on Sunday as Red Bull stayed unbeaten in 2023 and equalled McLaren's 1988 record run of 11 victories in a row.
Ferrari's Carlos Sainz won the Singapore Grand Prix on Sunday to end Formula One leader Max Verstappen's record run of 10 wins in a row.
Ian Thorpe's rushed comeback bid for a third Olympic Games ended in ignominy on Sunday as he crashed out of the morning heats of the 100 metres freestyle at the Australian trials in Adelaide.
Leclerc had seized the lead at the start, and held it through an initial safety car period, before Verstappen made up for his poor getaway and passed the Monegasque -- whose tyres were fading fast -- with a late move around the outside.
A teary George Russell celebrated the first Formula One Grand Prix victory of his career in Brazil on Sunday in a one-two finish with Mercedes team mate and seven-times world champion Lewis Hamilton.
Max Verstappen signed off on a dominant 2022 Formula One campaign with a record-extending 15th win of the year
Haas had argued that Alonso's car was in an unsafe condition after a collision because the right-hand mirror, which eventually fell off, was moving around. They also made the point they had been shown a black and orange flag, requiring a driver to pit due to mechanical problems or loose bodywork, on three occasions this season.
Max Verstappen clinched his second win of the season as the Australian Grand Prix was halted with three red flags.
Max Verstappen won the Miami Grand Prix from ninth on the starting grid with a masterful display of tyre management on Sunday.
Sergio Perez won the Saudi Arabian Grand Prix from pole position in a Red Bull one-two on Sunday with Max Verstappen staying top of the championship after racing from 15th to second.
Ferrari's Charles Leclerc secured pole position for the Singapore Grand Prix on Saturday after a furious Max Verstappen was forced to abandon his fastest lap for fear of running out of fuel.
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