EDDIE IRVINE is to stay on at Ferrari to continue his partnership with Michael Schumacher.
TOM WALKINSHAW is negotiating for a supply of Supertec engines for 1999 and 2000.
THERE was much talk in the Formula 1 paddock in Austria about the identity of BAR's second driver with much speculation but very little substance.
TOM WALKINSHAW and John Barnard are rumored to have fallen out in dramatic fashion over the details of the contract between them.
RUBENS BARRICHELLO is tipped as a possible team mate to Alex Zanardi at Williams next season.
OLIVIER PANIS has re-signed to stay with Prost Grand Prix.
PETER SAUBER has signed a new deal with Ferrari for a supply of engines for the 1999 season.
HONDA is shortly expected to announce that it is entering Formula 1 next season with a factory team.
AS expected Jacques Villeneuve has signed to drive for British American Racing - a remarkable decision for the 27-year-old Canadian, who is taking a huge risk that the new team will quickly be able to provide him with a competitive car.
FRENCHMAN Jean Christophe Boullion has signed to be the test driver for British American Racing - as we predicted would happen in September of last year.
THE FIA International Court of Appeal will not meet until the day after the Austrian Grand Prix to decide on what can be done about the mess at the British Grand Prix.
McLAREN dominated last week's four days of testing at the Autodromo Nazionale at Monza with Mika Hakkinen setting a best lap of 1m23.714s on Friday morning.
THERE are plans to stage a race on the streets of Berlin between World Championship challengers Michael Schumacher and MikaÊHakkinen.
MICHAEL SCHUMACHER is to stay at Ferrari until the end of the 2002 season in a three-year deal which is rumored to be worth in the region of $125m to the 29-year-old German.
THE signing of Jean-Christophe Boullion by British American Racing adds weight to the argument that the team is aiming to use Renault engines in the year 2001.
THE three FIA Stewards of the British Grand Prix - Nazir Hoosein, Roger Peart and Howard Lapsley - have been "invited" to appear before an Extraordinary World Motor Sport Council meeting in Paris on July 29.
CART's ace racer Alessandro Zanardi has confirmed that he wants to return to Europe next year although he admits that the wisest decision should be to stay in America and capitalize on his success in CART.
THE Action on Smoking and Health organization (ASH) joined forces with the British Liberal Democrat party last weekend to publish a report which claims to prove that tobacco sponsorship increases teenage smoking.
WE believe that Ford's purchase of Cosworth is just the first step towards a much more serious involvement in Formula 1 racing - as we predicted in May - and we believe that the company will forge a partnership with Benetton in the year 2000 which will see the Italian team running cars in Ford factory colors.
FORMER Grand Prix star Gerhard Berger has been appointed head of BMW Motorsport and will mastermind the Munich company's return to F1 with Williams in the year 2000.
THE promoters of the planned Indian Grand Prix have confirmed that they are planning to build a track in Calcutta in the east of the country.
OLIVIER PANIS is expected to leave Prost Grand Prix at the end of the year and German Ralf Schumacher is tipped to be his replacement.
THE Ford Motor Company announced on Monday morning that it has bought the racing division of Cosworth.
THE City of Melbourne has signed a five-year extension to its deal to run the Australian Grand Prix in Albert Park.
THE FIA Stewards ran into trouble at Silverstone on Sunday over the handling of a time penalty for Michael Schumacher.
THERE were stories at Silverstone suggesting that British American Racing is in the process of trying to sign up WorldÊChampions Jacques Villeneuve and Damon Hill to be its drivers for next season.
THE politics of Formula 1 engines was bubbling away at Silverstone last weekend with some mystery as to exactly what is the difference between a Mecachrome V10 and a Supertec V10.
THERE was much speculation at Silverstone that Alex Zanardi had signed a two-year deal with Williams, following a visit by Frank Williams to the United States in the week between the French and British GPs. Williams denies that he was in America and refuses to comment on which drivers are on the Williams list although his partner Patrick Head admitted at Silverstone that Zanardi was one of the drivers under consideration.
VOLKSWAGEN chairman Ferdinand Piech has dropped his plans to revive the Bugatti name, having failed to agree a deal to buy the marque's name and badge with current owner Romano Artioli. It does not mean that Piech has finished with his buying spree.
ALL the Formula 1 teams were running at Silverstone last week with the weather proving to be relatively rain-free, although sunny spells were interrupted by clouds in the course of the three-day test.
TONY GEORGE and his staff at Indianapolis Motor Speedway are waiting to hear within the next few days whether Formula 1 boss Bernie Ecclestone will agree to sending the Grand Prix circus to Indiana in the year 2000.
THERE will be a South African Grand Prix next year - for World Championship 500cc motorcycles.
FERRARI's sporting director Jean Todt is to stay with the Italian team for the foreseeable future.
GERMAN carmaker Volkswagen AG continues its buying spree, despite the news last week that it has abandoned attempts to buy the Bugatti name.
THE recent weeks have seen increasing speculation suggesting that Bernie Ecclestone has given up the idea of floating his Formula One Holdings Ltd. company and that he may dispose of the business in a private sale.
THE recent deal involving Mecachrome, Renault Sport and the mysterious Supertec Sport company have led to speculation that Williams Grand Prix Engineering might not be running Mecachrome V10 engines in 1999.