The Lotus F1 Team has sold a 35% stake in the team to Infinity Racing Partners Limited.
Melbourne has all but confirmed news it has lost its status as the opening race on the formula one calendar.
Legendary F1 commentator Murray Walker has revealed he is set to undergo treatment for cancer.
It is possible F1 will have to embark on an eleventh-hour search for a new official tyre supplier for 2014.
Red Bull would like to keep Sebastian Vettel beyond his new 2015 contract, and even the reigning world champion is not ruling out a longer career with the premier energy drink-owned team.
Bernie Ecclestone has hit back at claims costs are too high in formula one, insisting the teams waste too much money.
They may not be at the front of the field, but two German drivers are not throwing their hands in despair as they battle in F1's midfield.
Sam Michael has hit back at claims heads should be rolling at McLaren as the team endures one of the worst starts to a championship campaign in its history.
All eyes will turn to Paris' Place de la Concorde on Thursday, as the very fate of Mercedes' F1 foray rests in the hands of the governing FIA.
Jenson Button has backed former teammate Lewis Hamilton to bounce back strongly after finding his feet at Mercedes.
Not even "a miracle" could speed McLaren back to the front of the field in the immediate future, new team driver Sergio Perez admitted this week.
Renault is still yet to finalise new V6 engine deals with existing customers Caterham and Lotus.
Lewis Hamilton has been "surprised" by the pace of teammate Nico Rosberg at Mercedes early this season.
Sebastian Vettel has made the right decision in deciding to stay at Red Bull for the next two years, former F1 winner and team owner Gerhard Berger said.
Rumours suggest that FIA president Jean Todt is moving to replace race director Charlie Whiting with Giorgio Ascanelli.
Luxury Nissan division Infiniti, Red Bull's title sponsor, will get involved in the actual development of the world champion team's 'power unit' next year, it is rumoured.
Christian Horner has moved to calm speculation about Red Bull's driver plans for 2014 by saying he will hold talks with Mark Webber "later in the summer".
Williams disappointed ranks of Finnish journalists this week by failing to announce the extension of rookie Valtteri Bottas' contract.
While Lewis Hamilton tries to up his game at Mercedes, Martin Whitmarsh insists losing the 2008 world champion is not linked to McLaren's 2013 slump.
Sebastien Buemi has hinted he is currently content with life as Red Bull's official F1 reserve driver.
Ferrari president Luca di Montezemolo has admitted he wants F1's governing body to "prosecute" Mercedes for the secret Pirelli tyre test.
Amid reports he could re-emerge at Ferrari or Red Bull, it appears former Lotus technical director James Allison is actually Honda-bound.
Eddie Jordan has warned formula one to ease its criticism of F1's sole tyre supplier Pirelli.
A bigger budget would help Sauber to emerge from its competitive crisis, team boss Monisha Kaltenborn has admitted.
Mere hours after denying the story, Red Bull announced that Sebastian Vettel is staying with the world champion team for at least two more years.
Michael Schumacher insists he has not regretted his final retirement from formula one "for a single moment".