Ecclestone to offer teams $3 billion
UPDATE Bernie's new scheme will provide 40M a year to each team from 2008 thru 2012….. 5 years…. (40 x 5 = $200M). $200M plus a signing bonus of 35M … Read More
Max Papis to NASCAR?
Defending Grand American Rolex Series Daytona Prototype co-champion Max Papis has become a fixture around NASCAR garage areas, and has even tested cars for owner Ray Evernham, among others. Last … Read More
Kentucky race loses sponsor
The Kentucky IRL race appears to have lost its sponsor. This year its called "The Bluegrass Indy 300," named after the Bluegrass state of Kentucky. The old race sponsor, Belterra … Read More
Another weak year in IPS
2005 is shaping up to be another weak year for the Infiniti Pro Series. Only six cars participated in Friday's Menards Infiniti Pro Series test in Homestead. IRL president Brian … Read More
Weak dollar may mean more US exports
To take advantage of the weak US dollar, U.S. automakers plan to step up European sales of cars built in North America as a way to take advantage of the … Read More
Honda planning IRL exit
Our connections in Japan tell us that the President of American Honda (Koichi Amemiya?) is very unhappy with the IRL. Apparently he was promised by some very prominent IRL and … Read More
Toyota to announce IRL pullout
UPDATE Overheard at Daytona during Rolex 24 testing – one high ranking Toyota official expressing his displeasure with the IRL, possibly setting the stage for their announcement to withdraw from … Read More
Who will get the second Minardi?
This Grandprix.com Article says, The second Minardi is still up for grabs and team boss Paul Stoddart has made no secret of the fact that the drive will go to … Read More
Bang Racing closes doors
Rumor (Jayski) has it that Bang! Racing is going out of business. Travis Kvapil, now in the #77 Kodak Dodge, was to drive for BANG! in a limited Busch schedule … Read More
Minardi not for sale
Despite some rumors, Minardi boss Paul Stoddart says his Minardi team is not on the market. The only reason he might change his mind is if a car manufacturer or … Read More
Ron might quit McLaren
The F1 rumor mill seems to think Ron Dennis might quit McLaren. We reported last October that Mercedes' new chief, Eckhard Cordes, could initiate the German co-owner and carmaker's full … Read More
GPWC to buy F1?
How will the carmaker 'GPWC' group react to Bernie Ecclestone's Ferrari-FIA-FOM 'Concorde' coup? Paul Stoddart, of struggling team Minardi, thinks the diminishing group – now effectively represented only by BMW, … Read More
Bernie to issue ultimatum to teams
Bernie Ecclestone, in a London airport meeting next week, will issue a 'take it or leave it'-style ultimatum to Ferrari's nine Formula One rivals. The F1 impresario, with more money … Read More
Why did RCR borrow Hendrick engine?
Richard Childress borrowed an engine from the Rick Hendrick team for a few laps at Daytona 500 testing, to see if the problem was engine or aerodynamics. The Hendrick engine … Read More
NASCAR and Champ Car TV news
Word has it that HD Net will feature full NASCAR and Champ Car race coverage complete with both pre-race and behind-the-scenes reporting in 2005. We already see a plethora of … Read More
Bulgaria eyes GP race
A Dutch delegation traveled to south Bulgaria at the weekend to meet with 'Sliven' town mayor Yordan Lechkov. They talked about Formula One. It's reported, by the local 'Focus' agency, … Read More
Foyt to skip road courses?
Last year AJ Foyt said his team would skip the IRL road course races when they were announced. Recently the team indicated they would run all the races. So far … Read More
Champ Car TV commentators
We have it on good word that Bob Varsha will not be doing any Champ Car TV broadcasts in 2005. His F1 schedule, especially with qualifying on Sunday mornings, is … Read More
Anderson to be Jordan Technical Director
UPDATE Gary Anderson has talked down widespread speculation that he will head the engineering department in any tie-up between Jordan and Midland. Anderson , who led Jordan’s technical operations from … Read More
Three possibilities for Dubai F1 team
UPDATE#3 The long-awaited Dubai F1 team, a launch delayed since last November, does not mean the project has folded, according to McLaren. The team announced last October it would back … Read More
FIA to make tire rule about face
Autosport Magazine reports that F1’s governing body is poised to make a dramatic U-turn and abandon its support for the category to be supplied by a single tire manufacturer in … Read More
Schumacher won’t stop until…
Sources close to Michael Schumacher believe he won’t stop until he has won 10 world championships. According to this month’s edition of F1 Racing magazine, Schumacher has also set his … Read More
Gordon to run Indy 500
Look for Robby Gordon to once again run the 600 at Lowe's and the Indianapolis 500 this year. He said that a sponsor deal is "on the table" and that … Read More
Laguna Seca to replace Champ Car race
Two AMA Superbike races at Mazda Raceway Laguna Seca this year? It's a possibility according to track general manager Gill Campbell. Campbell said that the track was looking for a … Read More
Halliday eyes Champ Car
Auckland racing driver Matt Halliday is heading to the United States for an official two-day test with top Champ Car team Mi-Jack Conquest Racing. The test is scheduled to take … Read More