Category: Formula 1
Seen in London
AutoRacing1.com spotted at the posh Indian Cinnamon Club restaurant in the Westminster section of London Monday night the new owner of Cosworth, Kevin Kalkhoven (along with Gerald Forsythe), dining with … Read More
Seen in Shanghai
AutoRacing1.com spy cameras snapped this photo on November 8th in the Shanghai, China Ritz Carlton of Red Bull billionaire Dietrich Mateschitz making a presentation to Guo Jie, one of the … Read More
Red Bull team may hire Berger
Red Bull owner Dietrich Mateschitz says he may bring in ex-BMW motorsport boss Gerhard Berger to help his new team make its debut next season. Tony Purnell, team boss for … Read More
Cosworth sale imminent
UPDATE This rumor is upgraded to 'fact' today. See feature article by Mark Cipolloni. 11/12/04 (GMM — Nov.12) The sale of Formula One engine supplier Cosworth Racing will be revealed … Read More
Forsythe part of Cosworth deal
UPDATE This rumor is upgraded to 'fact' today. See feature article. 11/13/04 AutoRacing1.com has learned that the deal to buy Cosworth will include Gerald Forsythe. Forsythe had a relationship with … Read More
Jordan may not use Toyota engines
UPDATE #2 This rumor is downgraded to 'false' with today's announcement that Toyota will supply the Jordan team engines. See Hot News page. 11/14/04 Which engines Jordan will use, Toyota … Read More
Prost to abandon F1 return?
(GMM — Nov.15) Four time world champion Alain Prost may not want to return to the Formula One pitlane. Recent speculation said the French legend, whose own Guyencourt-based 'Prost' outfit … Read More
Ford’s asking price for Jag
The future of Formula One hangs in the balance following multi-million pound demands by Jaguar Racing. The team, run by American motor giants Ford, have slapped a £30million price tag … Read More
Red Bull to set up American F1 team
We are hearing that once Red Bull is confirmed Monday as the buyers of the Jaguar F1 team, they will move in the coming years to get one, possibly two … Read More
Red Bull to buy Jaguar team
UPDATE #15 The ink will be drying today on the deal to save the Jaguar Formula One team, if last-minute negotiations are completed. The new owners are to be the … Read More
Some big news is coming
Rumors suggest that we will have some big news to report to you from Europe in the next several days. Because of the importance, AutoRacing1.com President Mark Cipolloni will make … Read More
Jordan to get Toyota and Briscoe
UPDATE #5 According to Ian Phillips, the team's Director of Commercial Affairs, Jordan's search for an engine supplier is over as they're on the verge of concluding an engine deal … Read More
Sauber to lose Red Bull
It is thought that the Sauber team will lose its backing from Red Bull next year because Red Bull will put all their money behind the Jaguar team it is … Read More
Bernie might promote British GP himself
Formula One supremo Bernie Ecclestone could promote next year's British Grand Prix himself as part of a deal with teams to keep the race on the calendar. "It's a suggestion … Read More
Formula 1 qualifying to change again?
In Brazil the Formula 1 teams got together and agreed to accept a new qualifying plan which had been dreamed up by Bernie Ecclestone, Max Mosley and Jean Todt over … Read More
Kalkhoven Cosworth deal key to Jaguar future
This week's Autosport Magazine reports Champ Car series co-owner Kevin Kalkhoven is due to be announced as the new owner of Cosworth Racing early next week. Multimillionaire businessman Kalkhoven plans … Read More
One tire supplier instead of V8s for F1
UPDATE This rumor is downgraded to 'false' today. Plans for a 'control tire' situation in Formula One have been shelved until at least 2006, Minardi owner Paul Stoddart revealed in … Read More
BRDC to ‘consider’ new deal
(GMM — Nov.10) The British Racing Drivers' Club is waiting for Bernie Ecclestone's new proposal for a 2005 grand prix at Silverstone. The 74-year-old impresario said he would be 'shattered' … Read More
2005 Bahrain race set for ‘sell out’
(GMM — Nov.10) Bahrain's second grand prix is heading for a sell-out, according to race organizers. The circuit's business development manager, Rayan Kazerooni, said more than twice the number of … Read More
Kumho and Midland
(GMM — Nov.10) Korean tire brand Kumho might team up with new Formula One team 'Midland F1' in 2006, the rumor mill is whispering. Both current F1 suppliers, Bridgestone and … Read More
Ford dragging their heels on sale to Red Bull
Red Bull have confirmed putting in an offer to buy Jaguar Racing but say the F1 team's owners Ford are dragging their heels. According to the Austrian energy drink company … Read More
Van der Merwe to test for BAR
The 24-year-old former F3000 racer and 2003 British F3 champion Alan Van der Merwe will be evaluated by the Brackley based team within weeks and could fill a post as … Read More
Hakkinen hints at DTM move
UPDATE #4 This rumor is upgraded from 'false' all the way to 'fact' today. Mika Hakkinen has signed to race in Germany's DTM Touring Car Championship. He recently showed interest … Read More
Heidfeld to become Williams test driver
Nick Heidfeld may settle for becoming Williams BMW's test driver for the 2005 season. ''I would like to work (with Williams) next year. If the only option is as test … Read More