Prior to morning practice on Friday at the Valencia circuit, the Red Bull energy drink-owned team announced that Sebastian Vettel has extended his contract with Red Bull Racing until the end of 2011.
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German Michael Schumacher has not stopped his new physical training programme even though he called off his formula one comeback.
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Brawn GP driver Rubens Barrichello set Friday morning the fastest time in the first free practice session for the Grand Prix of Europe held in the streets of Valencia, Spain.
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Local hero Fernando Alonso installed his Renault on top of the timing sheets on Friday afternoon in the second free practice session for the Grand Prix of Europe in Valencia.
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One of the longest-running 'will he/won't he?' sagas in formula one memory continues to persist, as MotoGP star Valentino Rossi admitted the possibility he might switch codes.
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Seven-time Formula 1 World Champion Michael Schumacher has apparently decided to put a stop to his motorcycle career as he has put up for sale his racing bikes.
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Formula 1's governing body the FIA late on Wednesday published the sporting and technical regulations for the 2010 season.
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According to team boss Adrian Campos, the new Campos Formula 1 Team will announce its drivers for its inaugural championship campaign in 2010 "soon".
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The new US F1 formula one team has confirmed that Chad Hurley, co-founder and CEO of YouTube, has signed up on a multi-year arrangement as its "primary investor".
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Race drivers Robert Kubica and Nick Heidfeld told the media at Valencia on Thursday that they were not informed of BMW's decision to withdraw from formula one at the end of the season by the team's management.
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It emerged on Wednesday that four rival teams backed Renault in the form of written letters at the Court of Appeal hearing earlier this week.
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The Swiss based team currently known as BMW-Sauber has lodged an application for the thirteenth and final spot on the 2010 grid.
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On Wednesday, team McLaren director Martin Whitmarsh played down speculation about a driver change at McLaren for 2010, but at the same time admitted that Heikki Kovalainen needs to up his game.
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Reserve driver of the famed Scuderia Ferrari, Italian Luca Badoer finalised his preparations for his Formula 1 return in Valencia this weekend at the wheel of Felipe Massa's car.
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According to Germany's Auto Motor und Sport, more detail about the Formula 1 teams' cost regulation agreement has emerged.
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Franz Tost has categorically denied Sébastien Bourdais' claim that the 30-year-old was fired recently via the medium of mobile phone text message.
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The Renault Formula 1 Team on Tuesday morning confirmed that its Swiss-French reserve driver Romain Grosjean would replace Nelson Piquet with immediate effect.
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Former World Champion Kimi Raikkonen has not telephoned or visited Felipe Massa since his Ferrari teammate was injured at the Hungarian grand prix last month.
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Championship leader Andy Soucek won race 1 at Donington, and Julien Jousse took his first victory of the season in race 2.
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The Renault Formula 1 team will contest this weekend's European Grand Prix, after its suspension from the Valencia race was overturned.
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