Daniel Ricciardo Announces New Project as Cadillac F1 Owner Eyes Historic Lakers Deal

Catch up on the biggest F1 news stories of the day with the RacingNews365 Review.

Daniel Ricciardo announces new project

Daniel Ricciardo has announced a new project following his departure from the F1 grid last year. The eight-time Grand Prix winner parted ways with the RB team following the Singapore Grand Prix in 2024 after a difficult stint with the Red Bull sister team.

Cadillac F1 owner set to buy world-famous sports team for record-breaking figure

TWG Global, the owner of the Cadillac F1 team, is set to buy the Los Angeles Lakers for a historic figure, according to multiple reports. The purchase will likely see the Lakers valued at $10 billion, making it the largest sale of a professional sports team.

Verstappen eyes Hamilton's record after breaking Schumacher's Ferrari record

Max Verstappen has broken a Michael Schumacher Ferrari record with Red Bull and is now closing in on Lewis Hamilton's all-time mark. The Dutchman entered the Canadian Grand Prix on 116 podium finishes, tied equal-second all-time with Schumacher's haul at Ferrari between 1996 and 2006.

Max Verstappen writes off historic F1 track return: 'Far too dangerous'

Max Verstappen has conceded F1 will never return to the Nordschleife due to it being “far too dangerous”. The historic circuit still hosts various motorsport categories, most notably for GT3 endurance competitions.

Oscar Piastri makes unusual '100-lap' claim after rare McLaren failure

Oscar Piastri has claimed that McLaren would have needed the Canadian Grand Prix to be "100 laps" to enjoy its usual tyre dominance over the field. Piastri was fourth in Montreal, his worst result since ninth in the season-opening Australian GP, as McLaren was unable to assert its dominance over the field as has been the case at a number of Grand Prix in 2025.

Lando Norris colliding with Oscar Piastri is just what McLaren needed

Contact between McLaren drivers is nothing new to Formula 1. In fact, it is rather familiar. Ayrton Senna and Alain Prost coming to blows at the Japanese Grand Prix in 1989; David Coulthard spinning Mika Hakkinen on the opening lap of the Austrian Grand Prix a decade later, and Lewis Hamilton and Jenson Button colliding at the Canadian Grand Prix in 2011.