Racing

Aston Martin is launching a new one-make race series for Asia. This follows the announcement of two new Aston Martin dealerships in Shanghai and Beijing, the first time the brand is being sold in China. Called the Aston Martin Asia Cup (AMAC), the series starts in 2008 and will consist of 12 races...

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...

A Ferrari test driver has backed Fernando Alonso’s apparent plan to join the Maranello based team in the future. But despite speculation to the contrary, Marc Gene, also a Spaniard, says he can not envisage the 26-year-old double world champion in a Ferrari as early as 2009. It is rumored...

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...

Michael Schumacher is set to lend his name to a skyscraper in Dubai. In an article to appear in Sunday's edition of Arabian Business, the managing director of German company ACI is quoted as saying construction of 'Michael Schumacher Business Avenue' will begin in the next three months. A German...

Toyota announced on Monday that Timo Glock will race for the Japanese team in 2008 and beyond. The 25-year-old German, who followed Lewis Hamilton by winning the GP2 championship in 2007, has signed a "multi-year contract", the Cologne based team said in a statement. "The team hopes an agreement...

Bernie Ecclestone has now confirmed officially that a deal has been struck to bring formula one to the world’s second most populous country, India. It was reported earlier on Thursday that F1 chiefs had penned a contract with Indian company JP Associates to build a circuit just outside...

Usually there’s nothing special about drag racing teams using a standard production sedan as the basis for their new dragster, but when a team chooses to adopt a vehicle normally reserved for the over fifties and cardigan wearers we start to get a little curious. A team in Australia are about...

Spyker has applied to change its name to Force India for the 2008 season, new team owner Vijay Mallya revealed at Interlagos on Saturday. It emerged from the scene of Sunday’s Brazilian grand prix that Mallya, who recently bought the Dutch squad in conjunction with Michiel Mol, has asked the...

Felipe Massa will stay with the Maranello based team until at least the end of 2010, Ferrari announced in a statement on Tuesday. Confirmation of the 26-year-old Brazilian’s new agreement ends speculation that Fernando Alonso is set to switch to the Italian outfit, as Kimi Raikkonen began a...

Following reports of uncertainty about its 2008 entry in formula one, Prodrive's David Richards has now ruled out using an identical McLaren-Mercedes package next year. "We cannot do the plan that we had with McLaren now," the Briton said on Wednesday, according to the news agency Reuters. "There...

F1's governing body has opened a new investigation into McLaren, amid claims that the Woking based team may have sabotaged Fernando Alonso's car in China, reports on Tuesday said. At the conclusion of the espionage saga last month, FIA president Max Mosley warned that the Paris body would closely...

Ferrari has confirmed speculation that the Maranello based squad is in talks with organisers of the rival open wheel series A1 Grand Prix. We reported last month that sporting director Stefano Domenicali was spotted at an A1 test at Silverstone, sparking rumours that the Italian marque might want...

Only a week after the official reveal of the new Lancer Evolution X, Mitsubishi has given us a preview of next year’s Lancer Evolution X Group N rally car, which it plans to showcase at this month's Rally Japan. The car won’t be competing but will instead be used as a ‘course...

McLaren and Prodrive are in agreement about 2008 and are merely awaiting confirmation about the 2008 regulations, Ron Dennis said in Japan. The two teams have long discussed a possible collaboration about sharing a chassis-engine package for Prodrive's formula one debut next year. The only...

A1GP is considered by many as the poor cousin to Formula One but this could change with news that F1 constructors’ champion Ferrari may supply engines for the series over the next three years and could also design some of the cars. Ferrari is yet to confirm the reports but released a...

Lewis Hamilton is on the verge of signing a $110 million deal to stay on at the McLaren team until the end of 2012. The German newspaper Bild claims the contract, representing a mammoth pay-rise over his debut salary, is worth $17m every year plus - oddly for a McLaren contract - the ability for...

A sharp fall in profits intensified formula one's need to push outside of Europe and also drop the US grand prix, according to a report. Britain's Daily Telegraph revealed that, because of high debt repayments, profits crashed $306.7m to just $6m since the sport's commercial rights were taken over...

Spyker announced on Thursday that an "initial agreement" to sell the Dutch formula one team to Vijay Mallya and the Mol family for 88m euros has now been reached. It emerged earlier this month that Spyker Cars' board had granted the consortium, which offered 80m euros, 30 days of exclusive...

German sports car manufacturer Porsche has once again ruled out re-entering formula one in the near future. In February, the marque's head of motor sport Hartmut Kristen denied that recent infrastructure developments were in preparation for a grand prix return. To the news agency...