Stefano Domenicali has blamed development money wasted on KERS as the reason for its competitive struggle in 2009.
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On Thursday of this week, FOTA, the Formula One Teams Association, plans to speed up preparations for next year's breakaway world championship.
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Montreal's mayor Gerald Tremblay says the revival of the Canadian grand prix depends upon formula one resolving its crisis.
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FIA president Max Mosley has dismissed as a joke his reference to some members of the FOTA teams alliance as 'loonies'.
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Max Mosley on Sunday said the FIA will not proceed with legal action against the FOTA teams, indicating he would rather reach a deal to stave off the threat of a breakaway championship.
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Far from expanding its existing sponsorship of Brawn GP, Virgin is not likely to still be a sponsor of the former Honda squad in 2010, Sir Richard Branson said at Silverstone on Sunday.
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Jenson Button would celebrate winning the world championship by proposing marriage, his girlfriend has revealed.
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Started from pole position, Sebastian Vettel wins the british grand prix. Mark Webber is second with Red Bull Renault too.
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The future of the British grand prix took a huge step forwards on Saturday, as Bernie Ecclestone guaranteed the country will not drop off the calendar in 2010.
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Bernie Ecclestone believes major teams should not be subject to a budget cap next year.
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Championship leader Jenson Button on Saturday qualified just fifth for his home British grand prix, as Red Bull's Sebastian Vettel capped his dominance of the weekend so far with pole position.
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McLaren is reportedly in talks with British Airways about a sponsorship for 2010.
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FOTA teams are already in talks to expand the grid of a breakaway world championship to more than sixteen cars.
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Young German driver Sebastian Vettel of the Red Bull Racing team set the fastest time this morning in the first free practice session of the Grand Prix of Great Britain probably held for the last time on the legendary circuit of Silverstone.
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Early on Friday morning, the FIA issued a statement insisting it is unmoved by eight major formula one teams' plans to set up a rival series.
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Italian race organisation N.Technology has decided to withdraw its application to the 2010 Formula 1 championship. In a press release, the MSC Board has launched an attack towards the FIA.
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The Red Bull Racing team has extended their domination in the second free practice session of the Grand Prix of Great Britain held at Silverstone.
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On his second visit to a formula one paddock in three races, Canadian Jacques Villeneuve on Friday confirmed he is in talks to return to the sport next year.
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Natacha Gachnang, a first cousin of fellow Swiss and Toro Rosso driver Sebastien Buemi, is eying a formula one test with the new 2010 entrant Campos.
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Formula 1 supremo Bernie Ecclestone this week met in London, Great Britain with a potential promoter for a revived Canadian grand prix.
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