Michael Schumacher believes Formula 1 will become stronger as a result of the current round of regulation changes and cost cuts.

“The direction of the new decisions is absolutely right in my view and has even the potential for a better show to come,” said Schumacher in an interview for his personal website. Continue reading ‘Schumacher says new rules will improve F1′

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Peugeot has sought to dispel suggestions linking it to a take-over of Honda’s defunct F1 operation - insisting it is fully committed to sportscars and Citroën to the World Rally Championship. Continue reading ‘Peugeot Honda buyout reports ‘false’’

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Bulgaria is the latest nation to express a desire to host Formula One.

A new permanent circuit is projected, based on an existing motocross venue in the Dolna Mitropolya region. The site, located near the northern town of Pleven, about 100 miles from the capital, Sofia, is being developed to host a round of the MotoGP series in 2011, and the government also wants it to stage a Grand Prix. Continue reading ‘Bulgaria makes bid to host F1 race’

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Michael Schumacher has revealed his admiration for up-and-coming countryman Sebastian Vettel, with the seven-times World Champion believing that the 21-year-old can follow in his footsteps. Continue reading ‘Schumacher praises Vettel at ROC’

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Flavio Briatore will leave Formula One in two years, the Renault team boss said on Saturday. Continue reading ‘Briatore to quit F1 in two years’

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“I’m number one,” proclaimed new Formula One world champion Lewis Hamilton after finally collecting his world title trophy.

Hamilton has had to wait almost six weeks to get his hands on the silverware following a thrilling conclusion to the 2008 F1 season in Brazil. Continue reading ‘Hamilton collects the spoils’

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The Formula One future of Cosworth, the Norhamptonshire-based engine maker, hangs in the balance after an agreement between the sport’s ruling body and its teams rolled back on plans to impose low-cost engines designed and built by Cosworth as standard from 2010.

Max Mosley, president of the Fédération Internationale de l’Automobile, last week designated Cosworth as the preferred lead bidder in his plans to impose standardised engines and gear systems on F1 teams in a bid to rein in “unsustainable” spending in the sport. Continue reading ‘Cosworth’s F1 future hangs on FIA decision’

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Sebastien Buemi led Formula One testing for the third straight day Thursday as he bids to become a driver for Toro Rosso. Continue reading ‘Buemi tops F1 testing for 3rd day at Jerez’

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Formula one’s powerbrokers yesterday had what they claimed to be the most successful meeting in recent memory as they struggled to reach agreement on cost-cutting moves in the wake of the decision last week by Honda to quit formula one.

At a meeting of the FIA, motor sport’s governing body, and the Formula One Teams Association, agreement was reached on measures to meet all the cost-reduction objectives put forward by the FIA for 2010. The teams have also made proposals for further significant cost-cutting measures in 2009. Continue reading ‘Mosley hails new era for F1 as deal is reached on cost-cutting’

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Fernando Alonso recorded the seventh quickest time (1:19.073) on the second testing day at the Jerez circuit yesterday despite crashing his Renault R28 during the morning session.

However, the damage was slight and only took a couple of hours to repair, enabling Alonso to complete a total of 105 laps. Continue reading ‘Alonso unhurt in Jerez shunt during testing’

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