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It has been revealed that reports claiming a three-year deal for Nelson Piquet, the 24-year-old 'crashgate' conspirator, because the Brazilian's famous father bought into the team, were not true. Meanwhile, Franz Tost has added his own denial to speculation Toro Rosso might pair confirmed driver Sebastien Buemi with Ralf Schumacher in 2010. Full story...

Litespeed will contribute to the Formula 1 team's Driver Development Programme. The most talented drivers could be awarded a F1 test with the Lotus F1 Team. Full story...

Piero Ferrari has distanced the famous marque from claims within Italy that Michael Schumacher is a "traitor". "I would have liked him to stay with us, but they are using the word treason: in truth he wanted to race and the conditions were not that he could do it with us," Ferrari explained. Full story...

Franck Montagny has hinted strongly that he will not be returning to formula one in 2010. A Spanish motor racing website is reporting that Nelson Piquet will complete the driver lineup of the new Campos team in 2010.) A further sign that Jaime Alguersuari will retain his Toro Rosso race seat for the 2010 season has emerged.New F2 champion Andy Soucek has hinted he could be installed as Williams' test and reserve driver in 2010. Full story...

Ralf Schumacher has refused to deny speculation linking him with Toro Rosso's vacant race cockpit for 2010. The 34-year-old German, who races with Mercedes in the DTM series, has this week been back in the headlines, revealing an offer from one of F1's new teams that he turned down. Full story...

The Australian grand prix is yet to sign a title sponsor for its 2010 event. The Melbourne race was previously backed and named after the Dutch bank ING, who early last year announced it would no longer be involved with formula one beyond 2009. Full story...

Ralf Schumacher has confirmed reports that he would like to return to the formula one grid. An unnamed source close to the 34-year-old German has told Bild newspaper that Schumacher, the younger brother of seven time world champion Michael, turned down an offer from one of F1's new teams for 2010. Full story...

Even among those representing Mercedes-Benz, Michael Schumacher's return to formula one is not universally popular. Uwe Werner, a member of parent company Daimler's supervisory board, said the decision to pay the seven time world champion 7 million euros a year is "hard to justify". Full story...

Sebastian Vettel agrees with Norbert Haug that the changes to F1's scoring system for 2010 are not as radical as was interpreted by some. Meanwhile, Jean Todt has vowed to continue Max Mosley's efforts to reduce costs in formula one. "F1 is too expensive," the new FIA president said in an interview with France's Le Figaro daily. Full story...

Ralf Schumacher has confirmed reports that he would like to return to the formula one grid. An unnamed source close to the 34-year-old German has told Bild newspaper that Schumacher, the younger brother of seven time world champion Michael, turned down an offer from one of F1's new teams for 2010. Full story...

Jerome d'Ambrosio has emerged as a possible candidate to be Robert Kubica's teammate at Renault in 2010. Meanwhile, Bernie Ecclestone has crossed his fingers that Christian Klien is chosen to be Kamui Kobayashi's teammate at Sauber in 2010. Full story...

Michael Schumacher's brother might also have made a return to formula one in 2010, it has emerged. Full story...

Michael Schumacher's brother might also have made a return to formula one in 2010, it has emerged. Full story...

A second 2010 formula one car has been designed without the aid of a wind tunnel. Full story...

USF1 has launched an official website, including a video showing progress on its 2010 car. Full story...

Crash testing of Toro Rosso's new 2010 car is progressing well, technical boss Giorgio Ascanelli has revealed. Full story...

Inspired by the success of ex-Formula 1 driver, Juan Pablo Montoya in NASCAR; the list of drivers crossing the oceans to give the 3,400 pound stock cars a go keeps growing. Full story...

Michael Schumacher has ensured a good Christmas and New Year for Mercedes-Benz and Hockenheim. Full story...

Serbian businessman Zoran Stefanovic's interest in the Toyota formula one team stepped up a gear last week. Full story...

Eric Boullier will be Renault's new team principal, according to reports. Full story...