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Posted on Tuesday, January 14, 2014

Departing Valsecchi not paid by Lotus in 2013

As fears about Lotus' health grow, 2013 reserve driver Davide Valsecchi has revealed he has not yet been paid by the Enstone based team. As reigning GP2 champion, 26-year-old Italian Valsecchi served last year as Lotus' reserve driver, but he admitted last week he is now likely to exit. "After a 2013 season in which I travelled a lot but did not get on the track, I want to go back to wearing overalls and a helmet," he had said. When Lotus overlooked him late […]

Posted on Friday, September 27, 2013

Russian Time joins GP3 field

GP2 championship leading team Russian Time will enter the GP3 Series in 2014 and 2015. Russian Time has bought Bamboo Engineering's entry and will make their first appearance at the post-season test in Abu Dhabi. "We’re pleased to welcome Russian Time to GP3 Series for the next two seasons," said series CEO Bruno Michel. "Their rookie year in GP2 Series in 2013 has been extremely strong so far with five wins, three podium finishes and three pole positions. They’re currently leading the teams’ standings with […]

Posted on Wednesday, September 18, 2013

Pirelli extends GP2/3 tyre contract

Pirelli has confirmed that they will continue to be the sole tyre supplier to the GP2 and GP3 series in the forthcoming seasons. The Italian company has supplied tyres to GP3 since the series began in 2010 and took over responsibilities from Bridgestone in GP2 from the start of 2011. Both GP2 and GP3 run identical compounds to Pirelli's Formula 1 tyres in order for the young drivers to become accustomed to the rubber. "We're delighted to continue supplying our tyres to both the GP2 […]

Posted on Friday, September 6, 2013

Hamilton, Dennis, move to patch up broken relationship

Lewis Hamilton and former mentor Ron Dennis have moved to patch up their broken relationship. After McLaren and team 'supremo' Dennis built Hamilton's Formula One career from boyhood, it emerged that relationship crumbled spectacularly last year as the 2008 world champion decided to switch to Mercedes. Dennis, however, said early this week that the British driver will always be "part of the McLaren family". "Last year I didn't seriously seek to prevent his efforts to explore new pastures with Mercedes -- perhaps it was a […]

Posted on Monday, September 2, 2013

Dennis: I never tried to prevent Hamilton's exit

McLaren chairman Ron Dennis says that he did not seriously try and prevent Lewis Hamilton from leaving McLaren at the end of the 2012 season. Hamilton spent the majority of his career with McLaren but moved across to Mercedes at the start of 2013. Dennis says that he did not try and stop Hamilton from leaving the team. "I recently read a very nice quote from Lewis in which he said that, unlike other drivers who had joined McLaren once they'd already raced in F1, […]

Posted on Monday, August 5, 2013

'Loyal' Sutil uncertain of Formula 1 future

Adrian Sutil concedes he does not know whether he will be racing in Formula 1 next season. Sutil, 30, returned to the sport this year after a sabbatical in 2012, when he was charged with assaulting Lotus CEO Eric Lux. Sutil is currently in eleventh place in the championship, with a best finish of fifth in Monaco. Sutil has started 100 races in Formula 1, all for the team based at Silverstone, in current guise Force India and formerly Spyker. "I am now half a […]

Posted on Tuesday, June 18, 2013

Genii Capital sells 35% of Lotus

Lotus owners Genii Capital has sold a 35% stake in the team to Infinity Racing. Gerard Lopez will continue as chairman as Genii Capital retains a controlling stake in the team. Infinity Racing is made up of investors from America, Abu Dhabi and the royal family of an unnamed nation. "Infinity Racing’s principals have exceptional expertise and a proven strong track record in developing and delivering high quality technologies," said Lopez. "This partnership will enable us to increase our competitive advantage related to KERS technology […]

Posted on Thursday, May 16, 2013

Honda confirms F1 return with McLaren in 2015

Honda has confirmed that it will return to Formula 1 in 2015 as McLaren's engine supplier

Posted on Monday, May 13, 2013

Mercedes favourite to win in Monaco

Mercedes has been tipped as a likely favourite to win the fabled Monaco grand prix later this month. Having dominated qualifying in Spain, Nico Rosberg and Lewis Hamilton fell spectacularly backwards through the field in the race as the W04 chew mercilessly through Pirelli's tyres. Toto Wolff, the team's co-owner and director, said the extreme reversal of Saturday's fortunes caused himself and Daimler CEO Dieter Zetsche "almost physical pain". But it could all be different in Monaco. "I think Mercedes has a good chance to […]

Posted on Friday, March 22, 2013

Fry to step down as Mercedes CEO

Mercedes has announced that Chief Executive Officer Nick Fry will stand down from his role at the start of next month. Fry will continue with the team as a consultant until at least the end of 2014. "I feel very privileged to have had the opportunity to work with our team for the last 11 years and remain extremely proud of the fact that we took the team to its first race win and especially the double World Championship in 2009," said Fry. "Equally important […]

Posted on Friday, February 1, 2013

Sponsor UBS could quit F1

UBS, a major sponsor of Formula One, could be considering pulling out of the sport. The Swiss based global financial services company entered F1 in 2010, powered by its then chief executive Oswald Grubel, who had also brought the Swiss bank Credit Suisse to the sport and was a board member of the BMW-Sauber team. But Grubel is no longer in charge. UBS is now headed by Sergio Ermotti, a Swiss banker. Blick newspaper reports that, under Ermotti's new watch, the company has been conducting […]

Posted on Wednesday, January 23, 2013

Pirelli confirms 2013 plans

Pirelli has announced their plans for the 2013 Formula One season. 2013 is the third season of Pirelli being the sole tyre supplier in the sport as they come to the end of a three year contract. "The defining characteristic of the 2013 Pirelli Formula One tyres is softer compounds all round, which will allow them to reach peak operating temperature faster and deliver lap times that are around 0.5 seconds faster than last year," read a Pirelli statement. "Swift evolution of Pirelli’s tyre technology […]