Michael Schumacher made a solid start on his return to Formula One

Michael Schumacher

after a three-year absence.
The seven-times champion was back in the Mercedes’ ‘Silver Arrow’ after a brief retirement following 14 seasons in Ferrari red.
After team-mate Nico Rosberg completed most of the initial set-up work on the opening day of the first test at Valencia’s [...]

Entrepreneur Gerard Lopez confirmed on Wednesday that he is in the running to buy Renault’s Formula One team.

Lopez confirms Renault interest

Lopez is co-founder and managing partner of the Luxembourg-based Mangrove Capital Partners which is one of Europe’s leading venture capital firms.

He is also involved in driver management via the Gravity sports organisation which looks after [...]

Silverstone will host the British Grand Prix from 2010 after agreeing a new deal with Formula One supremo Bernie Ecclestone.
Silverstone Circuits Limited confirmed on Monday that a 17-year contract to stage the oldest race on the Formula One calendar has now been agreed.
The Northamptonshire circuit stepped in after Donington Park failed to secure the financial [...]

Damon Hill’s hopes of securing the future of the British Grand Prix at Silvertsone will be decided one way or the other on Monday.
With Donington Park’s bid to stage the oldest race on the Formula One calendar having fallen by the wayside, Silverstone officials have been embroiled in intense talks with the sport’s supremo, Bernie [...]

Virgin to take Manor name
The Manor GP team are to be rebranded Virgin Racing ahead of their Formula One debut next season.
The effective confirmation, which has long been an open secret in F1 circles, came on Monday as the FIA announced its entry list for the 2010 World Championship.
An announcement from the team will come [...]

Formula 1 season as complementary brands Brawn GP champion, champion driver Jenson Button’ı lost. Button, McLaren team has signed a contract with the picture.
British pilots in the new season the previous year’s world champion Lewis Hamilton will be in the same team.
Jenson Button:  ”I will come right for the team Mclaren”

A partnership with the McLaren team, and then bought Brawn GP and the team name changed to GP Mercedes, the former Williams driver Nico Rosberg has signed a contract with.
Team chief Ross Brawn, the Bild newspaper said in a statement, “the second pilot, Michael Schumacher would be news is unfounded. Schumacher’s no intention to return” [...]

German automotive giant BMW, Formula 1 team in the shares again, team owner Peter Sauber has decided to sell.
BMW Sauber team, holds 80 per cent of the shares of the German automotive giant BMW, Formula 1 to the global economic crisis as reasons decided to withdraw. The company, shares in the hands of an investment [...]

Donington Park chief disappointed by lack of government support
Donington Park chief Simon Gillett believes the survival of the British Grand Prix is essential – whether it be at his Leicestershire circuit or traditional venue Silverstone.
Bosses at Silverstone claim they are close to agreeing a 10-year staging agreement to host Formula One in this country but [...]

Bernie Ecclestone has revealed that December 9 is the deadline for a deal to be done if the British Grand Prix is to take place next summer.
Plans to switch the race from Silverstone to Donington have fallen through, and talks with circuit owners to try to keep the grand prix at Silverstone have stalled.
Ecclestone, Formula [...]

Then have left the Ferrari driver Raikkonen from Finland, 2010 season will not be in F1.

Kimi Raikkonen’s manager Steve Robertson, Finland’s Turun Sanomat newspaper said in a statement, McLaren could not deal with 2007 world champion pilot, said this season would not be in the race.
“Next season, F1-level alternatives, McLaren or had no place” said [...]

Brawn GP could end up offering Jenson Button more freedom to negotiate his own sponsorship deals in a bid to keep the newly-crowned world champion.
Team principal Ross Brawn has conceded he is unlikely to be able to match Button’s salary demands to stay with the constructors’ champions.
Having taken a massive pay cut to stay with [...]

Formula One was plunged into fresh chaos last night when it emerged that Renault had held emergency talks yesterday over joining Toyota in exiting the sport. The French manufacturer was said to be considering whether to continue running a team, reduce its commitment to supplying engines for others or to withdraw altogether.
The news followed the [...]