BMW will not return to Formula One after the 2009 season, the company said yesterday in a press release. After watching the BMW-powered Williams cars flounder, BMW decided to buy a majority stake in the team in 2005, (re-naming it BMW-Sauber), in the hopes that under strict corporate control it could be victorious. That would...
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Ferrari Formula 1 driver Felipe Massa suffered a fractured skull in two separate places after being hit in the head by a piece of debris on the track while testing at the Hungarian Grand Prix. The debris was actually a suspension spring which came off of the car of Brawn GP driver and fellow Brazilian...
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Yesterday Toyota announced that due to financial reasons it will not be able to host the 2010 Japanese Grand Prix, a move which could jeopardize a visit by Formula 1 to Japan next year. The race was scheduled to be run at Fuji Speedway, which is owned by Toyota but given the current economic climate...
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In press release issued by Lotus Cars, the British exotic car maker takes issue with recent reports that a new Formula 1 team for 2010 will run under the banner of Team Lotus. The new team, however, says that’s not the case. U.K.-based Litespeed Racing has already secured a sport on the 2010 F1 lineup...
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Team Lotus will return to Formula 1 after a 16 year absence… sort of. While two cars scheduled to run in the 2010 season will proudly wear the Lotus name, the team will actually be owned and operated by Litespeed, a U.K.-based Formula 3 team. Team Lotus rights holder David Hunt has allowed the company...
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Max Mosley, the head of the FIA (Formula 1’s governing body) has agreed to scrap the Two-Tier system he had proposed for the series starting next year. The system was opposed by almost every team in the Formula One Team’s Association (FOTA), including Ferrari, which issued a press release last week announcing its opposition and...
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Ferrari has officially declared that if FIA president Max Mosley intends to go through with his plan for a two-teared budgetary system in Formula 1 he can count the prancing horse out. In a statement Ferrari’s board of directors declared that if the FIA goes ahead with it’s plans, “then the reasons underlying Ferrari’s uninterrupted...
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Welcome to the AutoGuide.com News Blog, your comprehensive source for breaking automotive news. Our staff of writers and contributors will keep you updated on all aspects of the auto industry, from vehicle unveilings, to concept cars, to news from auto shows, the aftermarket and the world of motorsports. The AutoGuide.com News Blog complements...
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