From a new signing at Cadillac to a major sale at McLaren, these are the biggest F1 news scoops heading into the Italian Grand Prix weekend.

Also featuring a farewell to an F1 team’s beloved hospitality unit as a new era approaches.

F1 news: McLaren sale results in major valuation

The sale of a minority stake in McLaren Racing has seen the value of the team reach unprecedented levels.

MSP Capital Partners sold its stake in the organisation in a deal that was reported to value the squad at £3billion ($4.01bn). However, PlanetF1.com can confirm the transaction values the team at in excess of £3.74billion ($5bn).

Read more: McLaren sale shatters records as team valuation soars

F1 news: Say goodbye to Sauber’s hospitality unit!

After two decades of continuous use, Sauber will say goo

See Full Page