Category: Formula 1

(GMM — Nov.2) Zsolt Baumgartner is unlikely to retain the same pay-drive budget in 2005, the Hungarian Formula One driver admitted. But the 23-year-old's manager, Tamas Frank, was quoted on … Read More

UPDATE We are downgrading this rumor to 'false.' Talking to the BBC, before wrapping up the MotoGP season by winning at Valencia, Valentino Rossi said that a switch to F1 … Read More

With the threat of the GPWC becoming more and more real, Renault Formula One president Patrick Faure has admitted that the French engine supplier will not hesitate leaving Formula One … Read More

It seems that Formula 1 is willing to go just about anywhere so long as the money is right. With Turkey and Mexico coming on to the F1 calendar, all … Read More

According to this Guardian article, The Jaguar formula one team could be closed down at the end of next week with the loss of 350 jobs should talks with a … Read More

UPDATE #2 We are bumping this rumor back up from false to speculation. Our sources maintain that Richards was told he was out and he has now mounted a spirited … Read More

There are rumors in F1 circles that BAR is bidding for a major sponsorship deal with the Spanish oil company Repsol. The apparent intention is for the team to run … Read More

UPDATE A spokeswoman has denied that Jordan will definitely lose the title sponsorship of Gallaher International next season. A whisper in Sao Paulo said the tobacco giant would not continue … Read More

Michael Schumacher may lose ten positions on the Brazilian Grand Prix grid this weekend after totalling his race car in a practice session crash. Schumacher lost control of his Ferrari … Read More

In response to the World Council voting to change the engine rules in F1 – “As we said all along, we want the engine formula to be open, so we … Read More

With Jenson Button forced to stay at BAR, many drivers are scrambling to land his vacant seat at Williams. David Coulthard thinks he is the man for the job and … Read More

Nick Heidfeld has been talking to Williams, BAR, Jaguar and Jordan about next season but nothing has been signed yet. "We're also looking at the two new teams that will … Read More

Formula One supremo Bernie Ecclestone, who is set to remove the British GP at Silverstone from the 2005 F1 calendar after talks with the BRDC broke down over financial terms … Read More

Formula 1's leading figures are set to vote later this week on a radical shake-up of the sport's qualifying system – with the final session to decide grid slots taking … Read More

Four times world champion Alain Prost has been linked with a return to Formula 1 team management, with sources claiming that the Frenchman is seriously considering a comeback as team … Read More

British tabloid newspaper The People reports that Jenson Button will refuse to drive for BAR Honda next season, even if the CRB rule in BAR’s favor.

UPDATE We are bumping this rumor up to 'fact' today based on this interview with a team spokesperson. [Excerpts] Pitpass contacted Grand Prix Investments (GPI). We began by asking why … Read More

(GMM) Formula One insiders are considering the possibility that Jacques Villeneuve will not race a Renault in Brazil. The French-Canadian was disappointed to the point of embarrassment with his form … Read More

UPDATE Rumors are increasing that Adrian Newey has already been in talks with Sir Frank Williams and Patrick Head and it seems more and more likely that he will end … Read More