Daily News Channel
The Toyota-owned Fuji International Speedway circuit will stop hosting the Japanese Grand Prix from next year — the track operators have announced. Fuji Speedway hosted the Formula One race in 2007 and 2008
Max Mosley claims a deal is "very close" to end the damaging row which could see a breakaway Formula One series next season. FIA president Mosley spent Sunday at the British Grand Prix locked in talks with members of the teams who have rebelled against plans by world motorsport’s governing body to impose a budget cap and other rule changes. Eight teams from the Formula One Teams Association (FOTA) claimed late on Thursday that they would set up the rival series
Motorsport governing body, the Federation Internationale de l’Automobile (FIA), plan to sue Ferrari and the seven other Formula One teams threatening to set up a breakaway championship next season, for breach of contract. Following meetings between FIA president Max Mosley and F1 supremo Bernie Ecclestone at Silverstone on Friday, the FIA has now decided legal action is their only recourse. Confirming their intentions, a statement read: “The FIA’s lawyers have now examined the threat by the eight-member Formula One Teams Association (FOTA) to begin a breakaway series.
Eight Formula One teams said Thursday they would create a breakaway series championship following a financial dispute with the world governing body over a proposed budget cap for next season. All eight teams are members of the Formula One Teams Association (FOTA), which made the announcement in a press release. The current wrangles stem from controversial plans by the Federation Internationale de l’Automobile to impose a budget cap of $60M for competing teams and technical limitations on teams in 2010 in a bid to make the grid more balanced and easier for the smaller teams to compete successfully
Jenson Button continued his domination of the current Formula One season by taking the Turkish GP in Istanbul, his sixth victory in seven races, to move a step closer to clinching his maiden world title. A mistake from Brawn GP team-mate Rubens Barrichello and an error from pole-sitter Sebastian Vettel in his Red Bull allowed the Briton to cruise to the line for a comfortable success
Formula One’s budget cap row looks over as Ferrari and other leading teams submitted conditional entries to the 2010 world championship on Friday. Ferrari had led opposition from the Formula One Team’s Association (FOTA) against proposals by motor sport’s governing body Federation Internationale de ”Automobile (FIA) over a proposed $60 million limit on spending by the teams. The deadline to sign up for the 2010 season was Friday and Ferrari joined McLaren, BMW Sauber, Toyota, Renault, Red Bull Racing, Toro Rosso and Brawn GP in confirming their entries
Ferrari will learn on Wednesday whether they have been successful in obtaining an injunction against the FIA and their decision to introduce a budget cap into Formula One next season.
Ferrari have applied to a French court for an injunction against the proposed changes in Formula One, according to FIA president Max Mosley. Ferrari are among the teams who have threatened to withdraw from Formula One at the end of this season unless fundamental revisions are made to the new regulations
Ferrari rocked the world of motor racing on Tuesday when the Italian Formula 1 giants announced they will not be entering a team for the 2010 world championships. The decision is the result of a dispute with the sport’s governing body, the Federation Internationale de l’Automobile (FIA), over proposed regulations to enforcing cost caps upon teams on the Grand Prix circuit
World champion Lewis Hamilton and his McLaren team have escaped with a suspended three-race ban for "deliverately misleading" stewards at the Australian Grand Prix.