F1

Earlier this week reports emerged that Mexican billionaire and second-richest man in the world Carlos Slim had all but purchased Honda's F1 team as the Japanese carmaker exits the sport, but Slim has since denied any such interest. That leaves the door open for another possible buyer in the form of...

Two-time F1 world champion Fernando Alonso has reportedly inked a secret deal with Ferrari that will see the Spaniard joining the Scuderia Ferrari team in 2011. According to Reuters, the contract is for a four year stint, however there are several clauses that will allow both Ferrari and Alonso to...

Honda has reportedly found a buyer for its F1 team in the form of Mexican billionaire, and the world's second richest man, Carlos Slim Helu. Earlier this month, Honda announced its withdrawal from F1 following the effects of the current global economic crisis and the need to drastically reduce...

The global economic crisis is taking its toll on many carmakers, including industry juggernaut Toyota, which has forecasted a $1.7 billion loss for the financial year ending March 2009. This will be the carmaker’s first loss in 71 years and to counter it there will be significant cost cutting...

Despite the global financial crisis, Ferrari has inked a new sponsorship deal with a car manufacturer. The famous Italian formula one team will add Tata, an Indian multinational, to its roster of backers in 2009, president Luca di Montezemolo told Italian media on Wednesday. "For the first time an...

Honda has announced that the 2008 season will be its last in Formula One, and that it is looking to sell the team by the end of the year. If no buyer can be found the outfit may simply be shut down. Honda CEO Takeo Fukui broke the news in a statement today in Japan. Fukui's reasons for the decision...

The youngest Formula 1 World Champion in history, Lewis Hamilton has no shortage of talent behind the wheel. Now that the 'silly season' has arrived, however, he's taken to a more conceptual field, and designed his own personal take on the ultimate F1 circuit. Though the track is thus far nothing...

Ferrari designs have been instant classics for the last five decades, inspiring imitators, fans and even competitors both on track and on the street. In that spirit, but on a somewhat more whimsical note, the Zobin Concept gives a glimpse at what a modern single-seater Ferrari might look like...

Next year’s F1 calendar will see the introduction of Abu Dhabi as the location for the final race, with Brazil moving into the penultimate spot. Pictures of the track, which will be located on Yas Island and called the ‘Yas Marina Circuit’, were recently showcased to a number of...

Having recently parted company from Mercedes-Benz, hired a new design director and started work on a successor to the vaunted F1, the team at McLaren is busy as ever. Now word has emerged that the men and women at Woking are working on not one, but three new models, one of which will be a £60,000...

It's been known for some time that Toyota is very interested in competing in LeMans, sending squads of racing engineers and observers to the races both in Europe and the American series. Last week word has broke that Toyota may be considering a switch from the costly and thankless world of Formula...

When the FIA released the 2009 Formula 1 calendar, the only notorious absence was the Canadian Grand Prix. Now, financial circumstances have forced the Federation Francaise du Sport Automobile (FFSA) to issue a statement dropping its support for and sponsorship of the 2009 French Grand Prix...

North America’s sole remaining F1 stage, the Canadian GP at the Circuit Gilles Villeneuve in Montreal, has been left off next year’s calendar. After a meeting of the World Motor Sport Council on Tuesday, the sport's governing body issued an amended 18-race calendar, omitting the race...

Seven-time Formula One world champion and one of Ferrari's most important development drivers, Michael Schumacher, joined his Italian benefactors on Germany's legendary Nürburgring this past weekend to show off at the wheel of the California, the FXX and his F2004 F1 car. Also on the program...

Grid penalties and mechanical setbacks were the story of this weekend’s French GP at Magny-Cours. Felipe Massa took the win after pole-sitter and race leader Kimi Raikkonnen's exhaust broke just before the midpoint, though he managed to hang on for second. Toyota driver Jarno Trulli brought...

Honda F1 star Jenson Button takes a Civic Type R around the famed German widow-maker, the Nurburgring, and just to make things a bit more interesting he does it while its raining and answering questions from an interviewer. Even for a man used to the fast pace of F1, the ride around the 'ring is...

Bernie Ecclestone insists that formula one will not be returning to Magny Cours after this year's race. The F1 chief executive told Germany's SID news agency that he is busily trying to arrange for an event in Paris so that there can be a French grand prix in 2008. "I hope we can put something...

German racing car company HWA has denied reports that it is likely to enter formula one in 2007. The German news magazine Focus last week claimed that the company, which since 2000 has built Mercedes-Benz’s cars for the DTM series, could become involved in the current McLaren collaboration...

German racing car company HWA is reportedly likely to enter formula one in 2009. The news magazine Focus reports that the outfit, which since 2000 has built Mercedes-Benz’s cars for the DTM series, could become involved in the current McLaren-Mercedes collaboration. It was reported in June...

Singapore is the latest country rumored to be hosting a new Formula One event, with news that F1 chief Bernie Ecclestone is in negotiations with at least two Singaporean groups about a deal to host the grand prix by as early as next year. Local newspaper Today reports that the architect who...