In today's News Brake: Formula One teams have shut the door on Williams; GM to join Chrysler in bankruptcy court, Paul Tracy has plans beyond the 500... But Wait, There's More!
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Canadian Jacques Villeneuve, the 1995 Indy 500 winner and 1997 Formula 1 World Champion will contest on June 6 the 12 Hours of Spa in a works Seat Leon Tdi.
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After hours of meetings, the Formula 1 teams' rules dispute with Max Mosley may have moved closer than ever to a resolution on Wednesday.
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The Formula One Teams Association has today decided temporarily to suspend Williams F1 from membership of FOTA.
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David Richards says a decision about whether to submit a formula one team entry for the 2010 world championship by Friday's deadline is still yet to be taken.
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According to reports, the Hungarian grand prix is in doubt beyond 2012 due to a lack of central funds and the weakening of the currency.
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John Howett has dismissed as "spin" speculation that Toyota, and possibly another one or two carmakers, are set to walk away from formula one at the end of 2009.
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Yet another meeting of the Formula 1 teams' alliance FOTA has been scheduled for this week.
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The leading energy drink Red Bull's new cola variety has been ordered off the shelves in six German states. Could that hurt their sponsorship deals?
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After six Grands Prix in 2009 and with eleven to go, Brawn GP's Jenson Button is looking a sure bet to win the world championship.
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Four teams have reportedly paid the necessary deposit to reserve a supply of Cosworth's customer formula one engine for 2010.
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Norbert Haug, Mercedes-Benz's motorsport boss, has admitted interest in seeing his German countryman Nico Rosberg at the wheel of a McLaren.
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Renault's Flavio Briatore has revealed that Formula 1 teams asked for a grace period beyond Friday's deadline for 2010 entries.
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On Monday team Williams lodged paperwork with F1's governing body, the FIA to officially enter the 2010 world championship.
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Jenson Button had so much energy after winning the Monaco grand prix that he managed to run the entire distance of the pit straight to get to the podium ceremony in time.
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FIA president Max Mosley had been highly visible in the paddock, telling reporters that a compromise was near. But at the same time, a letter signed by every team principal was making its way to the 69-year-old Briton, and its command was clear: tear up the proposed 2010 rules or no FOTA member will meet Friday's deadline for team entries.
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Jacques Villeneuve on Sunday confirmed rumours that he is not ruling out a return to formula one. "Seeing the slick tyres, the cars look fun to drive, so yeah, I'm missing it a bit now," he said.
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A crisis that was threatening to rip formula one apart eased dramatically on the day of the Monaco grand prix. Teams held a meeting in the Renault motor home, and later on FIA president Max Mosley was willingly telling reporters that a solution to the budget cap dispute is in sight.
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Formula one teams may request an extension to the May 29 deadline for official 2010 entries, it emerged after qualifying for the Monaco grand prix.
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Autodrome St. Eustache's owner and promoter Alan Laborsse announed on Saturday that 1997 Formula World Champion Jacques Villeneuve will make his debut in the NASCAR Canadian Tire Series July 11 on St. Eustache's oval.
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