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Formula 1 related news
Ferrari still in charge as testing resumes
Wednesday testing wrap
Ferrari continued its post-season dominance on Wednesday, as the second test of the 'winter' period kicked off at Jerez.

Felipe Massa and Luca Badoer ended the day-one time sheets with a one-two, in the company of runners for McLaren Mercedes, Honda, Toyota, Super Aguri Honda, Renault, Williams Toyota, Red Bull Ferrari, BMW Sauber ... [ more ]
Hakkinen may test again - Whitmarsh
Rumours going into overdrive...
Just as a fascinating new rumour hits the airwaves, McLaren has left the door open for retired double World Champion Mika Hakkinen to test again for the Woking team.

In the wake of the 38-year-old's out-of-the-blue test at Barcelona last week, the newspaper Turun Sanomat claimed this week that Gerhard Berger may have recently ... [ more ]
Ron Dennis says McLaren nearly debt-free
Bullish on future financial performance
Ron Dennis has delivered another robust evaluation of his team's financial health, insisting that the Woking based squad will be debt-free early in 2007.
Earlier this year, the Mercedes-powered outfit reacted angrily to suggestions that, due to the construction of its impressive new factory, it was burdened by huge debts ... [ more ]
Ralf Schumacher keen on Fuji
Toyota driver enjoys demo run
Ralf Schumacher has unsurprisingly given a thumbs-up to Fuji Speedway, the new venue for the 2007 Japanese Grand Prix, after driving a Toyota F1 car on the circuit for the first time last month.

At an event organised by the F1 team and circuit owner Toyota, the German driver demonstrated the TF106 on a wet track for nearly ... [ more ]
Formula 1 related news
Valencia pushing for a Grand Prix
Mayoress putting Valencia in the spotlight
The Mayoress of Valencia has admitted that the third largest city in Spain would like to host a Grand Prix.

Rita Barbera Nolla is quoted by the Spanish news agency EFE as saying that a race could be staged on a revamped 'Ricard Tormo' circuit or on the streets of the city itself.

"Formula one attracts millions ... [ more ]
Red Bull talks leave Doornbos off track
Confident a deal will be concluded
Robert Doornbos is not testing for Red Bull at the moment because negotiations about a new contract are taking place.

In Christian Klien's seat, the 25-year-old test driver contested the last races of the 2006 season for the Milton Keynes based team, but the Dutch magazine Sportweek insists that his role at the team for ... [ more ]
McLaren to ask for Alonso release this week
Whitmarsh hopeful Briatore will agree early test
At the FIA's awards ceremony on Friday, McLaren Managing Director Martin Whitmarsh will personally ask Renault's Flavio Briatore to grant an early contract release for World Champion Fernando Alonso.

Under the terms of the 25-year-old Spanish drivers' contract with the French squad, he is presently unable ... [ more ]
F1 owners to repay $313m debt
Legal manoeuvrings over Kamos-Finanz loan
The owners of Formula One have reportedly committed to paying back a $313m loan it took out five years ago to acquire the sport's commercial rights from the FIA.

Reports in September said that CVC Capital Partners and Bambino, Bernie Ecclestone's family trust, were being sued for the unpaid debt by the Swiss company ... [ more ]
Ralf Schumacher targets maiden Toyota win in 2007
Remains upbeat after a disappointing season
Ralf Schumacher says Toyota's objective for 2007 is to finally win a race.

The German tested for the Cologne based team as pre-season running kicked off in Barcelona last week, and alongside team-mate Jarno Trulli the pair set the best times of the entire test whilst running alone on Friday.

"Everything ... [ more ]
Formula 1 related news
Schumacher enjoying F1 retirement
"I am already feeling more relaxed"
Six weeks after racing in Formula One for the last time, Michael Schumacher has expressed no regret in his decision to retire.

After seeing his former colleagues, including younger brother Ralf, return to the test circuit last week, 37-year-old Schumacher said he is currently enjoying his life away from the Grand Prix ... [ more ]
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