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Formula 1 related news
Ferrari boss wants lower costs in F1
Aiming to turn F1 into a revenue stream
Luca di Montezemolo has vowed to campaign for lower running costs in Formula One.
The Ferrari President expressed concern that necessary budgets at the pinnacle of motor sport have spiralled out of control over the course of the last decade.

"Formula one must find a way to reduce the expenditures," Montezemolo ... [ more ]
Schumacher splashes out on rare supercar
Ferrari star picks up a Shelby Cobra
Retired seven time world champion Michael Schumacher treated himself to an extravagant present ahead of his thirty eighth birthday on Wednesday.

The Cologne based Express newspaper claims that the former Ferrari driver has splashed out on a Shelby Cobra Daytona Super Coupe - one of the world's rarest supercars.

Only ... [ more ]
Ecclestone is powerful pensioner
Survey places Ecclestone third
Bernie Ecclestone is the world's third most powerful senior citizen, according to a survey.

A list released by Virgin Money said the 76-year-old F1 'supremo' is more powerful even than the Queen and statesman Nelson Mandela. Manchester United Manager Sir Alex Ferguson and veteran TV wildlife presenter Sir David Attenborough ... [ more ]
Raikkonen settling in at Ferrari
Looking forward to new environment
After five years in a McLaren cockpit, Kimi Raikkonen says he can already sense a 'friendlier' atmosphere at his new team.

The Finn will test Ferrari's 2007 car for the first time at Fiorano later this month, but he has already visited the Italian team's Maranello factory and attended a day of winter testing in Spain.

With ... [ more ]
Formula 1 related news
New generation to unseat F1 veterans
Fry upbeat over rising talent
A wave of young chargers is on the verge of stealing race seats from experienced veterans, according to a team principal.

Honda's Nick Fry is quoted by the newspaper USA Today as saying the pinnacle of motor sport needs its new injection of youth.

"We've got that with Lewis (Hamilton), (Robert) Kubica and (Heikki) Kovalainen," ... [ more ]
Senna seeks F1 teams' attention
Ready for the challenge of GP2
Ayrton Senna's nephew has played down renewed speculation that he is in pole position to debut in formula one for Toro Rosso next year.

23-year-old Bruno Senna, whose late uncle won three world championships for McLaren, will graduate from British F3 to F1's feeder series - GP2 - in 2007.

But although he maintains ... [ more ]
Fourth Spanish test track ready for F1
Circuito Monteblanco granted test licence
A fourth Spanish circuit could be used for winter testing by Formula One teams as soon as late this month, we can reveal.

In addition to the existing venues at Jerez, Barcelona and Valencia, the Circuito Monteblanco - 48 kilometres from southern city Seville - has obtained a type-1 FIA license, allowing F1 testing ... [ more ]
Brawn hopes for Ferrari return in 2008
Looking forward to the next challenge
Departing Ferrari Technical Director Ross Brawn has confirmed speculation about his 'sabbatical', admitting that he hopes to return to the Italian team in 2008.

"I felt it would be a good time at 52-years-old to take a gap year and then look for the next challenge, which I hope comes from within Ferrari," he told the ... [ more ]
Mercedes would employ German racer
Says Norbert Haug
Mercedes-Benz can imagine seeing a German-born driver behind the wheel of a silver Formula One car, Norbert Haug said this week.

The Stuttgart-based marque's competition director told Sport1 that while a cooperation with Michael Schumacher never came about, he would not rule out succeeding at the pinnacle of motor sport with a different ... [ more ]
Formula 1 related news
Alonso pipped by Federer
For European sports award
F1's double World Champion has been beaten to a 'European sportsman of the year' plaudit.

Tennis' Roger Federer is more deserving of the title than back to back drivers' world championship winner Fernando Alonso, according to the Polish press agency Polska Agencja Prasowa.

PAP determined the recipient of the award through ... [ more ]
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