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UPDATE It was Scott Speed and not Ralf Schumacher that was penalized for passing under a yellow. Speed lost his championship point and the results of the race have been … Read More

(GMMf1NET) Flavio Briatore could quit formula one if Renault wins another championship this season. The Italian, whose contract will expire at the end of the year, has vowed to think … Read More

(GMMf1NET) Jenson Button's race seat at Honda COST him $26 million, it is reported. The 'Sun' newspaper said the Briton must cough up the cash after buying his way out … Read More

(GMMf1NET) As ever on a Saturday evening, and Sunday morning, the buzz in the formula one paddock is all about fuel — or cars' potential lack of it. Honda's Jenson … Read More

(GMMf1NET) Renault boss Flavio Briatore has threatened to sue a German newspaper for calling him a Nazi. 'Bild' published a photo of the playboy Italian, standing outside the McLaren-Mercedes pit, … Read More

Critics of Formula One sometimes say the world's most expensive form of motor racing is not a sport but a business, where the richest teams simply buy victories by raising … Read More

(GMMf1NET) Toro Rosso co-owner Gerhard Berger says his team will 'probably' ditch its controversial V10 engine for next year. In the Albert Park paddock, the ten-time GP winner said the … Read More

UPDATE Stoddart still retains the rights to the last Minardi design. Stoddart is not sure his submission will be accepted. If rejected by the FIA it is rumored he is … Read More

(GMMf1NET) Rubens Barrichello says he would like to race an Australian 'V8 Supercar' at the famous Bathurst endurance event. The Brazilian, who watched countryman and friend Max Wilson from the … Read More

(GMMf1NET) Renault attended last week's meeting with the FIA at the Ferrari factory without the knowledge of other 'GPMA' members, it has emerged. Toyota's John Howett told 'Speed TV' that … Read More

(GMMf1NET) F1's contentious 'flexi-wing' saga could be permanently put to sleep by a change in the FIA deflection test. It is suggested in the Albert Park paddock that the Technical … Read More

The Walloon minister, Jean-Claude Marcourt, has met Formula One supremo Bernie Ecclestone in London last Tuesday. According to the minister all obstacles have been discussed and the Grand Prix of … Read More

UPDATE (GMMf1NET) Juan Pablo Montoya has dropped a few hints about his formula one future. Intimating that he will leave McLaren at the end of 2006, the 30-year-old Colombian mentioned … Read More

UPDATE #2 (GMMf1NET) Another Australian bigwig has played down a supposed threat to the future of the grand prix. F1 supremo Bernie Ecclestone cast a cloud over the Melbourne event … Read More

UPDATE #2 (GMMf1NET) Australia's grand prix boss has rubbished suggestions that the Melbourne race could lose its traditional season-opening calendar slot. This year, Bahrain stepped into the circus' coveted round-one … Read More

(GMMf1NET) The existence of a new commercial F1 (Concorde) agreement, signed by all existing teams to include 2008-2012, will be announced imminently, it is rumored. Ending once-and-for-all the conflict between … Read More

(GMMf1NET) Honda's James Rossiter will take over from Franck Montagny as 'reserve' driver for Super Aguri in Melbourne, it has been revealed. However, with only two A23/SA05 cars up and … Read More

We expect this rumor to soon go to 'false' but Mr. Haug thinks the GPMA still has teeth. Lodging team entries with the FIA for 2008 does not mean the … Read More