Red Bull owner Dietrich Mateschitz has promised not to become a roadblock to Sebastian Vettel's Formula 1 title aspirations.
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Brazilian oil company Petrobras denied reports on Wednesday it was no longer interested in being involved in formula one.
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With a tongue-in-cheek "open letter", America's IndyCar series has offered to house formula one drivers who do not want to pay the FIA's high Superlicense fees.
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According to triple world champion and grand prix great Niki Lauda, today's formula one drivers have no personality, no charisma and "no idea".
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ING's departure from formula one represents the end of an era for the sport, according to former grand prix driver and Swiss commentator Marc Surer.
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As the clock to Melbourne clicks down to less than 40 days, the latest rumour in the Honda saga is that Sir Richard Branson may be the mysterious late bidder for the Brackley based team.
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The Dutch bank and insurance company ING on Monday announced that it would end its formula one-sponsorship activities at the end of 2009.
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More than 70 per cent of Formula 1's eighteen confirmed drivers for 2009 have lost weight since the end of last season.
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Contradicting media reports, Renault technical director Bob Bell insists the French team is on course to record a strong start to the 2009 season next month.
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Rumours that Bruno Senna has inked a contract to make his formula one debut with the team currently known as Honda next year are untrue.
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Team Williams will not deploy KERS technology until after at least the first six races of 2009, according to team driver Nico Rosberg.
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Ken Anderson, one of the principals behind the prospective Formula 1 team USF1, has confirmed interest in signing Danica Patrick.
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The outfit currently known as Honda is facing a 10-day countdown to survival, amid rumours Bernie Ecclestone may be willing to invest in the Brackley based squad.
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Gianni Morbidelli won the first-ever Speedcar Series night race at Losail in Qatar on Friday night, heading home Vitantonio Liuzzi. Canadian driver Jacques Villeneuve, the 1997 Formula 1 World Champion finished 5th.
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According to rising speculation and reports, the Formula 1 team currently known as Honda has secured its future and is preparing for the season opening Australian grand prix.
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Gianni Morbidelli won the first-ever Speedcar Series night race at Losail in Qatar on Friday night, heading home Vitantonio Liuzzi. Canadian driver Jacques Villeneuve, the 1997 Formula 1 World Champion finished 5th.
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Ferrari driver Kimi Raikkonen and Toro Rosso's Sébastien Bourdais led the way in the two Formula 1 private test sessions held Friday in Bahrein and Jerez.
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Formula 1 teams are already enjoying higher commercial rights revenues, according to the sport's chief executive Bernie Ecclestone.
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Bernie Ecclestone, Formula 1's chief executive, has offered to help young German driver Sebastian Vettel find his way into the cockpit of a top car.
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According to growing speculation in the French specialist press, Renault's F1 engine chief Denis Chevrier has been dismissed by team boss Flavio Briatore.
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