THE future of the Argentine Grand Prix in Buenos Aires seems to be in some doubt at the moment with the volatile peso being only part of the problem.
AUTOPOLIS - the company which sponsored Benetton a few years ago and which built a state of the art racing circuit in a remote part of Japan - is to be liquidated shortly and company president Tomonori Tsurumaki is in some difficulties with the Japanese authorities.
MCLAREN boss Ron Dennis told pressmen in Japan that stories which suggested that Roger Penske was buying shares in McLaren had been accurately reported - but that the whole story had actually been a joke between Dennis and F1 boss Bernie Ecclestone.
RATHER than visiting the Pacific and Japanese Grands Prix F1 boss Bernie Ecclestone flew to the United States of America to meet the top management of the McDonald's Corporation, the world's largest global restaurant chain, which currently operates 15,000 outlets around the world.
THERE is little doubt in F1 circles that the Honda Motor Company is planning to return to Formula 1 racing within the next few years.
THE Pacific Grand Prix team will shortly announce that it has agreed a deal with John Judd's Engine Developments company for the supply of ex-Yamaha V10 engines for next year.
THE newly-crowned European Formula 3000 Champion Vincenzo Sospiri is busy trying to find himself an F1 drive in 1996.
THE Formula 1 drivers may be paid a lot of money - but they do have work for it.
JAPANESE racing star Aguri Suzuki was injured last Saturday when he crashed his Ligier-Mugen Honda backwards heavily into a wall at Suzuka during final qualifying for the Japanese Grand Prix.
FOLLOWING promising testing results with Sauber at Mugello recently, Karl Wendlinger was given another chance to prove that he is fit to race in F1.
RUMORS in Japan say that the team is about to sign a contract with Brazilian Pedro Diniz, who has $8 million of sponsorship for any team which wishes to sign him up.
PEUGEOT SPORT, suppliers of engines to the Jordan Formula 1 team, is making major structural changes for the future in an effort to become more competitive.
WE hear from the United States that Chrysler is once again considering an involvement in Grand Prix racing, despite having been left standing at the Grand Prix altar by McLaren in 1993.
DAVID BROWN, one of F1's best known race engineers, is to leave Williams at the end of the year, after 14 years with the team.
MCLAREN boss Ron Dennis has reacted angrily to stories suggesting that shares in the team are being acquired by Indycar team owner Roger Penske.
MCLAREN'S Danish test driver Jan Magnussen did a remarkable job at Aida last weekend, standing in for Finnish star Mika Hakkinen, who was forced to miss the Pacific Grand Prix as a result of surgery for an acute appendicitis.
MICHAEL SCHUMACHER'S brilliant victory at Aida yesterday clinched the German's second World Championship.
THERE were wild rumors doing the rounds in Japan last weekend suggesting that Gerhard Berger and Damon Hill are to swap their 1996 drives.
SUZUKA, in the Mie Prefecture of Japan between the cities of Nagoya and Osaka, is Honda's own racing circuit, built in 1961-62 to test the company's products.
THE FIA World Council met last week in Paris, France, to vote through a number of important changes for motor sport.
THIS weekend in Japan Michael Schumacher should become the 1995 Formula 1 World Champion.
NICOLA LARINI last week broke the outright lap record at Ferrari's testing facility at Fiorano, Italy, using the brand new Ferrari V10 engine.
THE FIA World Motor Sport Council meets in Paris, France, on Thursday and is expected to announce a provisional calendar for the 1996 Formula 1 World Championship that evening.
ARGENTINE rising star Norberto Fontana is to test this week for the Red Bull Sauber Ford team at Mugello in Italy.
THE Federation Francaise du Sport Automobile, the governing body of French motorsport, has announced that it is to delay a decision on the future home of the French Grand Prix until its next committee meeting on December 11.
HAVING closely followed - but not, according to the FIA copied, the Benetton B195 with its JS41 design - Ligier now seems to be planning to do its own thing in 1996.
THE FIA World Council will also be voting on a variety of issues relating to the future sporting and technical regulations for the Formula 1 World Championship.
DUTCH racer Jos Verstappen - released from his long-term Benetton contract recently - looks likely to have no trouble finding a job in 1996.
THE biggest problem with the Tanaka International racing circuit at Aida is that it isn't near anywhere.
GERHARD BERGER and Jean Alesi are to have equal number one status with Mild Seven Benetton Renault next season - despite the fact that Alesi signed to be clear number one for 1996 and 1997 just a couple of months ago.
FOR a couple of years Formula 1 boss Bernie Ecclestone has been quietly saying that there is going to be a revolution in the television coverage of Grand Prix racing.
THE promoters of a Formula 1 standard racing circuit at Brandy Station, Virginia, appear to have run into serious difficulty in recent weeks with the land on which the track is supposed to be built going up for auction next week - unless the developers can raise $1.6 million.
THE recent rumors in Italy suggesting that Fiat is planning to take a much more prominent role in the running of Ferrari may not be far from the truth.
WHILE Ferrari's Nicola Larini was busy testing the new V10 engine at Fiorano, down the road at the Autodromo Ferrari at Imola, Benetton and Williams were both in action for three days with Damon Hill emerging comfortably fastest in his Williams-Renault FW17B.
THE new Ferrari V10 engine ran for the first time at the team's Fiorano test track last Wednesday in the back of a specially-modified Ferrari 412 T2, driven by Ferrari's outgoing test driver Nicola Larini.
NIGEL MANSELL retired dramatically from Formula 1 in 1990 and again in 1992, but he says he has no plans to give up on F1 racing in the immediate future.
THE Nokia Tyrrell Yamaha F1 team is hard at work trying to raise more money for the 1996 season and we hear that the team is close to landing a very big new deal with a Middle Eastern oil company.
JOS VERSTAPPEN did not test a Ligier last week as had been planned because of a lack of Mugen Honda V10 engines.
TOTAL JORDAN PEUGEOT announced at the Nurburgring that Martin Brundle is to join Rubens Barrichello in the team in 1996.
BENETTON FORMULA will soon announce a major new sponsorship arrangement with Indian businessman Veejay Malik, owner of the Kingfisher beer brand, a huge seller on the Indian sub-continent.
MCLAREN finally confirmed Mika Hakkinen and David Coulthard as its drivers for next year, adding that Alain Prost and Jan Magnussen would continue testing for the team.
WE hear that BMW Motorsport in Munich, Germany, is quietly gearing up to be ready to enter Grand Prix racing in 1997.
THE Formula 1 team bosses met on Saturday at the Nurburgring to once again try to hammer ideas of how F1 will be in 1996 and beyond.
THE link between the Tyrrell F1 team and Fondmetal Technologies appears to be over, with Fondmetal in discussion with other teams, including McLaren.
GUIDO FORTI'S Grand Prix team is planning to use the all-new Ford Cosworth "JS" V8 engine in 1996.
FERRARI took the F1 world by complete surprise last week when it signed Eddie Irvine to be its second driver for 1996.
THE FIA conducts random drug tests in F1 and last Friday, Rubens Barrichello and Max Papis are believed to have tested positive to substances which appear on the International Olympic Committee's list of banned drugs.
UKYO KATAYAMA missed the European Grand Prix last weekend, his doctors suggesting it would be best for him to rest after his Portuguese crash rather than rush back before he is better.
WITH Martin Brundle having been lured away from Ligier, Tom Walkinshaw suddenly finds himself without an established driver.