NEWS ARCHIVE

31 MARCH 2002

GERMAN MINISTER ATTACKS KIRCH RESCUE PLANS

Germany's Justice Minister Herta Daeubler-Gmelin is warning that allowing Italian Prime Minister Silvio Berlusconi's media empire to gain an important voice in the German media through the Kirch group would be a mistake for Germany.

JAGUAR RACING FIGHTING BACK

It has not been an easy time for Jaguar Racing but in Brazil, with a little help from Michelin tires, the cars were much more competitive with Pedro de la Rosa 11th and Eddie Irvine 13th.

MEDICAL CAR NEAR MISS

Formula 1 had a near-miss during the Sunday morning warm-up in Sao Paulo when the FIA Medical Car was despatched to deal with a big accident involving Enrique Bernoldi.

THE INVASION OF THE SPERAFICI

At Spa last year Ricardo Sperafico won his first Formula 3000 victory for the Petrobras Junior Team. At Interlagos his identical twin brother Rodrigo took his Durango Formula Lola-built F1-lookalike Formula 3000 car to victory ahead of three other Brazilians.

30 MARCH 2002

A BUSTLING PADDOCK

The Formula 1 paddock in Sao Paulo was busy with visiting VIPs.

HERR GEISTDORFER GOES VISITING

Christian Geistdorfer made his name as the co-driver of double World Rally Champion Walter Rohrl in the early 1980s.

TIRES AND MORE TIRES...

As we exclusively predicted yesterday there were problems over the tire allowances in Brazil with the FIA agreeing to allow Michael Schumacher to have four sets of tires for the 2001 car and four sets of tires for the 2002 car on Saturday.

29 MARCH 2002

A DREAM SCENARIO FOR MR E

Moscow's deputy mayor and head of the city's Tourism Committee Grigory Antyufeyev is sure that the Russian Grand Prix will be going ahead in 2004 and he says that he expects a deal to be signed with Formula 1 boss Bernie Ecclestone within the next month.

ALL QUIET ON THE VERSTAPPEN FRONT

Although Arrows has done quite well so far this year (if one overlooks the three failures to start in the last two races) but we have still not seen any official action from Jos Verstappen, dropped by the team at the last minute to make room for Heinz-Harald Frentzen.

DAMS TO RUN CAMERA CARS FOR BESSON FILM

The DAMS team will be running two cars in this year's Le Mans 24 Hours as camera cars for the planned Luc Besson film about the classic French sportcar race.

FERRARI - CAR SWITCHES WILL BE DIFFICULT

Ferrari may have turned up in Brazil with one F2002 and three F2001 chassis but the idea that Michael Schumacher will be able to leap from car to car is rather more complicated a concept than many would have thought.

JORDAN TO LOSE COMMUNICATIONS CHIEF

Jordan will shortly lose Giselle Davies, its head of corporate communications. Davies is to become the Director of Communications of the International Olympic Committee in Lausanne.

MOSLEY GIVES SILVERSTONE GREEN LIGHT

Max Mosley told the BBC's Hard Talk program that the British GP is not under threat from the proposed race in Moscow.

REYNARD AND PREMIER 1

The collapse of Reynard Motorsport has cast serious doubts on the plans for the Premier 1 racing series.

SUPERPRIX FOR DUBAI!

The city of Dubai is planning to host a major international single-seater race in December on a street circuit laid out in the town.

SYMONDS AND RENAULT

Although senior team members were saying a few weeks ago that Pat Symonds was going to leave the Renault F1 team at the end of the year, the team has now put out a press statement to clarify the situation.

TEAMS TO CHALLENGE THE NEW ENGINE RULE?

We hear that McLaren and Williams may be willing to challenge the new one engine per weekend rule agreed recently by the World Motor Sports Council.

THE COLLAPSE OF REYNARD

There will be more wringing of hands and gnashing of teeth in the Formula 1 paddock about the collapse of Reynard.

THE SHUFFLES AT BAR

The staff changes at British American Racing are now becoming a little clearer with the news that the cuts are across the board rather than being concentrated in one or two departments.

WALKINSHAW LANDS A BIG FISH

Tom Walkinshaw's TWR Group has just landed a deal, rumored to be worth $450m, with MG Rover, relating to the recently announced alliance between the British car company and China Brilliance.

28 MARCH 2002

BERLUSCONI SAYS NO MORE CASH FOR KIRCH

The game of negotiations surrounding the Kirch company continues with no-one outside the meetings really knowing what is going on and the media being used to exert pressure on the players.

CAN THE FIA BE CHALLENGED IN COURT?

The issues raised by the Phoenix Finance Ltd. bid to take over some of the assets of Prost Grand Prix are interesting and raise the question of whether or not the FIA can be challenged for any decisions it makes.

DIGITAL DRAMA FOR ITV

Paying too much for sports rights has claimed another victim. British pay-TV ITV Digital went into administration on Wednesday after failing to make payments to the English Football League.

FORMULA 1 ARRIVES IN BRAZIL

The recent crime wave in Brazil, about which we reported some months ago, has woken up even the most blinkered of Formula 1 individuals and the teams have been warned to be careful to avoid robberies and kidnappings.

FORMULA 3000 GETS UNDERWAY AT INTERLAGOS

It has been a rough winter for the International Formula 3000 series but in Brazil this weekend there will be 20 cars for the opening round of the 12-race series (all of which will take place as supporting events for the F1 Grands Prix).

ICKX SUGGESTS UNITY IN MIDDLE EAST

Jacky Ickx was interviewed recently by the Gulf News and said that he believes that the Middle Eastern nations which are currently fighting one another to host a Grand Prix in the region should club together and work together rather than battle to be the one and only F1 race in the Middle East.

LE MANS II - THE SECOND FILM

Motor Racing and the cinema have not always been easy bedfellows as Formula 1 found when it tried to do a deal a few years ago with Sylvester Stallone.

LOTUS TO BUILD A SOAPBOX!

Lotus Engineering will take part in the soapbox derby at the Goodwood Festival of Speed this summer with the aim of producing a 50kg device which will be capable of running at 55mph down the famous Goodhill hill.

MOSLEY TO TAKE ON TIM SEBASTIAN

The BBC's Tim Sebastian is famous for his direct and often abrasive interviewing techniques and his Hard Talk program has become very popular around the world as a result of the BBC World satellite channel.

NISSAN BUYS INTO RENAULT

It has been expected for some time but the Japanese car company Nissan has now confirmed that to strengthen its ties with Renault (which owns a controlling 44.4% of Nissan) it is to buy 13.5% of the French giant.

REYNARD GOES OUT OF BUSINESS

It has been expected for some time but Reynard has finally announced that it has been placed in receivership with immediate effect.

TOBACCO: THE GOVERNMENTS MEET AGAIN

Discussions over the possible implementation of a Framework Convention on Tobacco Control, an anti-smoking treaty being promoted by the World Health Organisation, have just finished in Geneva.

27 MARCH 2002

AGATHANGELOU GOES TO JAGUAR

Renault Sport's Ben Agathangelou, moved sideways by the recent appointment of John Iley as the team's new head of aerodynamics, has left the Enstone team and will start work on May 1 as the new head of aerodynamics at Jaguar Racing.

KIRCH - TODAY IS THE DAY

The signs are that today will see a decision, one way or the other, on the future of the German media company Kirch, which controls the commercial rights to Formula 1 racing.

MONTOYAS HONORED BY ITALIANS

There are a million and one different awards handed out each year to successful Grand Prix drivers but few of them have the same emotional value as the annual "Lorenzo Bandini Award".

THE IMOLA CASE IS FINALLY OVER

The return of the car in which Ayrton Senna was killed at Imola, eight years ago, marks the end of the sorry tale of the legal action that followed the death of the great Brazilian driver.

WILL THE MSA BACK A PHOENIX APPEAL?

The most interesting question in recent days in racing circles is whether the Motor Sport Association in Britain will support an application to the FIA International Court of Appeal on behalf of Charles Nickerson's supposed F1 team (known as either Phoenix or DART GP).

26 MARCH 2002

A DULL DAY FOR FUKUDA

Young drivers may get excited about driving a Formula 1 car but two days going up and down the runways at the Elvington aerodrome in Yorkshire might have become a little bit dull for Japan's Ryo Fukuda, one of the test drivers of British American Racing.

IRVINE WINS - AND LOSES

Eddie Irvine was awarded damages of around $3000 this week resulting from his High Court victory over the Talksport radio station which had used his image to promote its programs - without his permission.

NOW MURDOCH AND BERLUSCONI ARE MOVING IN ON KIRCH

The latest twist in the convoluted tale of Kirch is that the troubled F1 commercial rights holder could be about to give up Kirch Media to Rupert Murdoch, Silvio Berlusconi and the investment bank Lehman Brothers.

SPORT BUSINESS CONFERENCE TO CONSIDER CHANGES IN SPORT FINANCE

Leading figures from different sports are to gather in London at the end of April to consider how sport is going to cope with the changing financial situation and technology.

25 MARCH 2002

FERRARI SPONSOR TO BACK ITALIAN GP

Vodafone has jumped into Formula 1 sponsorship with much enthusiasm in recent months and has just concluded a deal to sponsor the Italian Grand Prix.

FERRARI'S BIG RISK

Ferrari knows that it needs its new F2002 and so one of the cars will be flown to Brazil for the Grand Prix next weekend.

GERMAN GOVERNMENT WILL NOT HELP KIRCH

The German government is not likely to help the Kirch empire if it does run into terminal trouble in the next few weeks.

HONDA RACING TO CLOSE THE GAP

The Honda Formula 1 engineers, acutely aware that expectations are high, are racing to catch up in the battle for more horsepower.

IF PEUGEOT DID COME TO F1?

The rumors that Peugeot may be looking at returning to F1 in 2004 with its own team have created a number of different theories about the route the team would be likely to take.

SKATING ON THIN ICE...

A couple of weeks ago Eddie Irvine won a law suit in Britain over the illegal use of his image to promote the sales of a project he was not officially endorsing.

24 MARCH 2002

FERRARI AIMS TO SOLVE THE PROBLEM OF POACHING

Poaching of key technical staff has been a major problem for all the major Formula 1 teams in recent years and there seems to be little they can do to stop this happening as rich middle-ranking teams seem to be willing to outspend the majors to get the right staff.

OH PLEASE, DAD, LET'S GO TO FERRARI-LAND!

Ferrari's impressive financial results for 2001 show record-breaking sales, an 18.5% leap in turnover and profits of $60m, up 35.9% over last year.

SCHUMACHER TO USE F2002 IN BRAZIL

Ferrari has decided to use a combination of F2001 and F2002 chassis in Brazil next weekend, after testing both extensively over the past week in Barcelona.

23 MARCH 2002

MOSLEY CONFIRMS PROMOTERS INSISTENCE ON THREE-DAY GRANDS PRIX

One of the issues that became clear at the Formula 1 Commission meeting was that the race promoters are not willing to accept two-day Grands Prix.

TIRE COMPANIES MULL OVER RULES

After seeing Michelin tires at the end of the Malaysian GP with virtually no grooves left at all, Bridgestone has been asking for clarification about what is acceptable and what is not acceptable from the FIA.

WHY THE RUSSIAN GP HAS BEEN DELAYED

Bernie Ecclestone and the Russian authorities have failed to agree on a deal to stage a Russian Grand Prix next year.

22 MARCH 2002

FERRARI FINISHES BARCELONA TEST ON TOP

Friday marked the last day of testing before the Brazilian GP for many of the teams, and for the third day in a row Ferrari was on the top of the time sheets.

JAGUAR TO STICK WITH R3

Jaguar has been hard at work in Barcelona the past three days comparison testing the R2 and R3 chassis to determine which they should race when the F1 championship returns to Europe in three weeks.

MERCEDES-BENZ LOOKING FOR HORSES

The West McLaren Mercedes partnership is one in which the partners try never to criticize one another and accept the blame equally when things go wrong.

TECHNICAL REVAMPING AT BAR

David Richards handled the cleaning out of the technical team at British American Racing with his usual deft touch, saying what a talented of bunch of people he was firing and thanking them for their work.

WHAT ARE THE RULE CHANGES ALL ABOUT?

The announcement that Formula 1 will have to deal with one engine per weekend from the start of 2004 has been dressed up to look like a cost-saving measure.

21 MARCH 2002

ASIATECH CONFIRMS F1 DREAM

It is no secret that Asiatech wants to run its own Formula 1 team as soon as possible depending on the opportunities available and the money that will be needed.

ECCLESTONE HEADS FOR MOSCOW

Formula 1 boss Bernie Ecclestone is reported to be on his way to Moscow at the end of the week to sign a deal to run a Grand Prix in the city.

NEW F2002 FASTEST IN BARCELONA

Michael Schumacher joined testing in Barcelona Thursday in order to help the team test and develop the new F2002.

PEUGEOT MAKING THE SAME MISTAKE TWICE?

There are stories in the French media suggesting that Peugeot Sport may want to make a comeback in Formula 1 within the next few years.

THE NEW BROOM SWEEPS THROUGH BAR

BAR has as expected had a clear out of its technical and marketing staff with around 50 staff leaving.

WHY THE DESIRE FOR A RUSSIAN GRAND PRIX IS GROWING

There has been a lot of talk (and not much action) regarding a Grand Prix in Russia.

WORLD SPORT AWARDS NOMINATIONS

As Hollywood gets ready for Oscar night, the Formula 1 world is looking at its list of nominations for the Laureus Awards of the Year for 2001.

20 MARCH 2002

ADMINISTRATIVE DETAILS...

The FIA World Council has tidied up a few of the less clear rules relating to Formula 1 in an effort to avoid potentially embarrassing and difficult situations in the future.

BARRICHELLO TRIES THE F2002

Two races into the 2002 season and Rubens Barrichello of Ferrari had not tried the new car.

ENGINES LIMITED FROM 2004

The World Motor Sport Council met in Paris on Wednesday and voted through a proposal from the Formula 1 Commission to restrict drivers to just one engine per Grand Prix weekend from the start of 2004.

F1 TO ADOPT HANS NEXT YEAR

The Head and Neck Protection System (HANS) will become compulsory in the FIA Formula 1 World Championship and in Formula 3000 from the start of next season.

FAMILY FORTUNES

If you thought that Formula 1 was getting out of hand having two competitive Schumacher brothers in the same series, you had better watch out because in Formula 3000 this year there are going to be three members of the Sperafico family.

MARLBORO MAKES UP FOR FERRARI DEFEAT IN MALAYSIA

Ferrari may not have won this past weekend in Malaysia but the tobacco company is rarely out of the news in motor racing and a few hours after the defeat at Sepang, Marlboro Team Penske took a dominant 1-2 victory in the Indy Racing League event at Phoenix International Raceway.

STEWARDS GET MORE POWERS

Just days after the controversial decision to give Juan Pablo Montoya a "drive-through" penalty for his involvement in the first corner clash with Michael Schumacher.

WAITING FOR A DECISION ON KIRCH... OR ARE WE?

As Kirch faces a liquidity crisis in the next few weeks, reports from Germany saying that an additional $500m needs to be found in the days ahead.

WHEN IT RAINS, IT POURS...

One has to feel a little sorry for the Ford Motor Company at the moment.

WORLD COUNCIL MEETING TODAY

The FIA World Motor Sport Council is meeting today at the Automobile Club de France's headquarters in the Place de la Concorde in Paris.

WURZ FASTEST IN BARCELONA, NO-SHOW FOR VILLENEUVE

Testing continued in Barcelona Wednesday, where, for the second day in a row, Alexander Wurz set the fastest time of the day.

19 MARCH 2002

BANKS MEET TO DISCUSS KIRCH

The major creditors of the Kirch organization meet today to decide what to do with the ailing German media company, which controls the commercial rights to the Formula 1 World Championship.

BAR'S ART ATTACK

The Lucky Strike B.A.R Honda team has announced its latest publicity idea, linking its Formula 1 involvement with the rather more refined and sedate world of art.

CAR MANUFACTURERS WILL NOT BUY F1 STAKE

BMW's Dr. Burkhard Goschel has made it clear that the car manufacturers are not going to come to the rescue of Kirch, saying that they "don't have any interest in buying a stake" in the company.

JAGUAR TO DECIDE ON CHASSIS THIS WEEK

Jaguar will make its way to Barcelona this week to decide if the team will revert to using the R2 again, and continue to develop the R3 with the test team.

MCLAREN AND SIEMENS DISCUSS EXTENDING THEIR SPONSORSHIP

Siemens has become a big player in Formula 1 in recent years and the company is now in the process of renegotiating its sponsorship deal with the McLaren team, which ends this year after a very successful five year partnership.

MONTEZEMOLO TALKS OF THE FERRARI'S FUTURE

Luca di Montezemolo has told The Financial Times newspaper of his plans to float the Ferrari car company in order to raise money to fund expansion.

TOP TEAMS TEST IN BARCELONA

Four of the top teams returned to testing duties on Tuesday in Barcelona, all trying to gain an edge on the rest for the next race in Brazil.

18 MARCH 2002

HERBERT WINS SEBRING 12 HOURS

Johnny Herbert might not have been able to find a drive in single-seaters in the United States of America but the F1 veteran is still showing his winning ways in sportscar racing.

MALAYSIANS LAUNCH FORMULA MALAYSIA

The Malaysian Minister of Youth and Sport Datuk Hisammuddin Tun Hussein launched Formula Malaysia in January and the first event was held at Sepang on Sunday.

PHOENIX REAPPEARS...

Having changed its company name from Phoenix Finance Ltd. to D.A.R.T. Grand Prix Team Limited the other day, the buyer of some of Prost Grand Prix's assets has now changed its name back to Phoenix Finance Ltd. again.

SEPANG BRINGS IN 92,000 CROWD

The Malaysian Grand Prix was a success in terms of numbers with 92,000 spectators, about 10% short of the 100,000 people that Sepang had been hoping to see.

THE GROUND TREMBLES AT BRITISH AMERICAN RACING

The performance of the BAR-Hondas so far this year has been rather less than impressive, despite a lot of positive comments by the drivers about the 2002 chassis.

THE KING AND "AI-I!"

The King of Malaysia has a very long and complicated name and it is fortunate that no-one had to actually try to use it on Sunday when he was walking on the grid with a crowd of hangers-on in tow.

VERSTAPPEN TOO LARGE FOR SAUBER

Peter Sauber announced after the Malaysian Grand Prix that Jos Verstappen will not be testing for the team in 2002 due to problems fitting the Dutchman in the car.

17 MARCH 2002

FILA SIGNS $9M THREE-YEAR DEAL WITH SCHUMACHER

The Italian company Fila has agreed a deal with Formula 1 World Champion Michael Schumacher which will see the Ferrari star paid $3m a year simply to wear Fila shoes.

FORMULA 1 TEAM BOSSES AGREE A STRUCTURE FOR THE FUTURE

The Formula 1 team bosses spent 10 hours in meetings at Sepang of Thursday and Friday during which a number of issues were discussed in depth.

MORE ON D.A.R.T GP...

The future of D.A.R.T Grand Prix remains clouded at the moment with interest in the subject waning somewhat in the Formula 1 paddock as most of the team owners seem to have written off the project.

16 MARCH 2002

PHOENIX DISAPPEARS...

Phoenix Finance Ltd., the company at the center of the kerfuffle over the assets of Prost Grand Prix, officially changed its name two days ago to become DART Grand Prix Team Ltd.

WHAT DOES IT ALL MEAN?

Companies House in London is the institution which registers all the details of British companies.

15 MARCH 2002

DURAND JOINS JORDAN

As we predicted some days ago, Henri Durand, the technical director of Prost Grand Prix, has joined Jordan as director of development and design, reporting to the technical director.

HAKKINEN'S FUTURE

The news that Mika Hakkinen and Keke Rosberg have ended their longtime management deal is perhaps the best indication yet that Hakkinen will not be returning to Formula 1 in 2003.

LIQUI MOLY TO SPONSOR JORDAN

The German lubricant company Liqui Moly is to return to Formula 1 after an eight-year absence as a sponsor of Jordan Grand Prix for the next two years.

PHOENIX ATTACKS

Phoenix Finance Ltd. issued a press release in Malaysia suggesting that the company is going to be taking legal action against the FIA in an effort to take the place its claims on the Formula 1 grid.

PHOENIX GOES ONTO THE OFFENSIVE

Within the next few hours the owners of Phoenix Finance Ltd. - whoever they may be - will issue a press statement claiming that despite the ruling of the FIA the organization does own a Formula 1 team and that it has a right to compete in the World Championship.

WILLIAMS RECRUITS FERRARI AERORDYNAMICIST

The BMW Williams team has hired one of Ferrari's top aerodynamic engineers Antonia Terzi.

14 MARCH 2002

COSWORTH LOOKS TO CART FOR INCOME

Cosworth Racing has confirmed that it will producing an engine for CART in 2003.

HAZY SEPANG

Formula 1 people arriving in Kuala Lumpur in the course of Tuesday were greeted by a rather smelly, smoky haze caused by peat fires which have been burning in the region for some time.

IRVINE WINS HIGH COURT CASE

Eddie Irvine has won a court victory over a British radio station which used his image to market itself. Irvine sued Talksport radio over documentation published in 1999 to attract advertisers.

LAUDA STILL... AND LAUDER

The quote of the week goes to B&T Marketing and Media, an online venture owned by Reed Business Information, which recently ran an interview with Sir Jackie Stewart about his sponsorship-hunting activities on behalf of the Jaguar Racing F1 team.

LEON MANDEL

It has been announced that Leon Mandel, the publisher of Autoweek magazine, has died after a long fight with leukemia.

PHOENIX FAILS TO MAKE SCRUTINEERING

The Phoenix Finance Formula 1 team failed to appear for scrutineering in Malaysia and when the entry for the event was signed off by the FIA stewards in the middle of Thursday afternoon, all theoretical rights which the organization is claiming are thought to have disappeared as the Concorde Agreement apparently states that.

TEAM BOSSES MEET IN SEPANG

Most of the Formula 1 team bosses met on Thursday morning to discuss the forthcoming Formula 1 Commission meeting and the plans being proposed to reduce the number of engines allowed per weekend to just one.

TEAM BOSSES SILENT ON SEPANG MEETING

The majority of the Formula 1 team bosses met in Sepang on Thursday to discuss the matters of the moment in F1.

WHAT IS THE STORY WITH PHOENIX?

The Phoenix Finance Ltd. plan for a Formula 1 team to rise from the ashes of Prost Grand Prix is a strange story, which does not appear to make much sense.

13 MARCH 2002

AFTER TOBACCO COMES SPEED...

A few years ago FIA President Max Mosley was asked about the possibility that the automobile industry might one day have to face similar restrictions to those endured by the tobacco trade.

INDIANAPOLIS SELLS ITS PAGODA

The famed Indianapolis Pagoda is to become known as The Bombardier Pagoda, in a naming deal with the Canadian executive jet constructor Bombardier. As part of the deal Bombardier will help to fund the Indy Racing League this year.

PHOENIX TOLD TO GO AWAY

The FIA has issued a statement which makes it very clear that the Phoenix Finance Formula 1 team cannot take part in the World Championship this year.

SPRINGER CONSIDERS INSOLVENCY SUIT AGAINST KIRCH

Kirch, the commercial rights holder of the Formula 1 World Championship, could come crashing down if the German publishing company Axel Springer decided to institute bankruptcy proceedings against the German media empire. If that happened the control of the rights in F1 could be tied up in legal actions for years to come.

12 MARCH 2002

DURAND AND JORDAN

There are reports from Europe that Jordan Prix Grand is close to a deal to hire Frenchman Henri Durand as its new technical director.

FIA NOT TO ALLOW PHOENIX TO COMPETE IN 2002

The FIA has put an end to any hopes of the new Phoenix grand prix team competing in Malaysia, or any other grand prix in 2002.

IRVINE AND JAGUAR

In the days after Melbourne, several of the British tabloid newspapers ran stories suggesting that Eddie Irvine was considering leaving Jaguar Racing at the end of the season unless performance improves dramatically.

PHOENIX ARRIVES IN KUALA LUMPUR

Tom Walkinshaw and Charles Nickerson's Phoenix grand prix team have arrived in Kuala Lumpur, presumably in an attempt to compete in the Malaysian Grand Prix this weekend.

TESTING ON FRIDAYS

One of the issues which will be discussed at the forthcoming Formula 1 Commission meeting is the question of whether or not it is a good idea for there to be two-day Grands Prix.

THE PAY-TV WARS GET NASTY

Canal Plus - which holds the digital TV rights for Formula 1 in a variety of countries - has launched a $1bn lawsuit against Rupert Murdoch's News Corporation.

TWO TEAMS PER ENGINE SUPPLIER?

The F1 Commission will also discuss whether or not there should be a new sporting regulation which forces automobile manufacturers to supply more than one team.

11 MARCH 2002

KIRCH TO DISCUSS ASSET SALE TODAY

Leo Kirch, the boss of the troubled Kirch Group, will decide today whether or not he is going to have to sell off chunks of his media empire to keep the whole business afloat.

SCHUMACHER'S 1994 CAR TO BE SOLD

One of Michael Schumacher's Benetton-Ford B194s is to be sold in an Internet auction. The car will be offered by ebay.co.uk with the bidding starting on Wednesday and lasting for 10 days.

TOYOTA WINS OPENING CART RACE

The first race of the CART series has been won by Cristiano da Matta at the wheel of a Lola-Toyota.

10 MARCH 2002

ANDERSON AND JORDAN

The Northern Irish media is suggesting that Gary Anderson will soon be named technical director of Jordan Grand Prix once again.

MINARDI EYES MARKET FOR NEW TECHNICAL MEN

The Minardi team, the heroes of Melbourne, have been looking around in recent days to strengthen its engineering team.

THE FUTURE OF PAT SYMONDS

Pat Symonds, the technical director of Benetton Formula between 1996 and 2000, is rumored to be leaving the team at the end of the season - but it is not yet clear where he is going to work instead.

WHAT HAPPENS TO DURAND?

Henri Durand, the technical director of Prost Grand Prix, has still to find a new job following the collapse of the French team.

9 MARCH 2002

ALESI'S THREE DAYS IN THE SPOTLIGHT

With McLaren's regular drivers still in Asia, testing was left to Jean Alesi, the F1 veteran doing tire development work for three days at the Circuit Paul Ricard at Le Castellet.

RICHARDS AND BAR

David Richards, the new boss of British American Racing, has an interesting definition of insanity: believing that things will improve if you do the same thing all over again with the same people.

THE NEW ENGINE RULES: FOR AND AGAINST

Time is ticking away before the Formula 1 Commission meets to discuss the proposed changes to the FIA sporting regulations which could introduce a restriction on the number of engines allowed during a race weekend.

8 MARCH 2002

ABC TO SHOW FOUR GRANDS PRIX

For some months Formula 1 has been trying to convince the ABC network increase its coverage of Formula 1 in the United States of America.

ECCLESTONE MEETS MANUFACTURERS IN GENEVA

Formula 1 boss Bernie Ecclestone met with automobile manufacturers at Geneva this week to discuss a deal over the commercial rights to Formula 1 racing.

F1 PROMOTER FROM INDONESIA ON MURDER CHARGES!

Tommy Suharto, the man who was behind the plan to hold a Grand Prix in Indonesia a few years ago, has been charged with masterminding the murder of Supreme Court judge Syafiuddin Kartasasmita in July 20001.

FERRARI CONTINUES TO DEVELOP THE F2002

new Ferrari F2002 is responding to treatment in Italy as the team's test driver Luca Badoer continues to put more miles on the new car.

FERRARI DECIDES: F2001 AGAIN IN MALAYSIA

As expected, Ferrari will again use the F2001 to compete in Malaysia, giving the test team more time to develop the new F2002 before it is debuted.

REEMTSMA GOES TO IMPERIAL FOR $5.1BN

The German tobacco company Reemtsma, the owner of McLaren title sponsor West, has been sold to Britain's Imperial Tobacco for $5.1 billion.

TWENTY-FIVE RACES A YEAR?

Jacques Villeneuve's idea that there should be 25 races and no testing sounds good but in reality would greatly increase the costs of Formula 1.

7 MARCH 2002

CART HAS TO BUY TV COVERAGE

CART has issued its financial forecasts for the forthcoming year and has revealed that it will be spending $9.9m in 2002 in "production cost and time-buy expenses" as part of its agreement with Fox/Speed Channel and CBS.

JAGUAR TO GO BACK TO THE R2?

Jaguar Racing may have scored three points in Australia but the team is well aware that luck was an important element in Melbourne and it is not likely to happen again.

TELEVISION, SPORT AND THE EUROPEAN UNION

Formula 1 and the European Union spent years sorting out the problems which were perceived to exist within the structure of the sport.

6 MARCH 2002

ALESI TESTS MCLAREN AT PAUL RICARD

As scheduled, Jean Alesi tested for McLaren at the Paul Ricard circuit on Tuesday. The Frenchman was offered the test after signing a deal to drive for Mercedes in the 2002 German touring car series (DTM).

COULTHARD WINS TWICE IN MELBOURNE

The Coulthard family name may not be listed in the annals of the Australian GP but at Melbourne last weekend a New Zealand youngster called Fabian Coulthard proved that there must be something in the genes.

GUGELMIN STEPS DOWN

Mauricio Gugelmin disappeared from Formula 1 10 years ago and went off to the United States to race CART.

IMPERIAL BIDDING FOR WEST PARENT COMPANY

Britain's Imperial Tobacco is close to completing a deal to buy Reemtsma, the owner of West cigarettes.

MONTEZEMOLO HINTS AT FERRARI FLOTATION

It has been rumored for some months now but it looks increasingly likely that Ferrari is going to be floated at some point in the near future.

WHICH FERRARI WILL BE IN MALAYSIA?

Ferrari's sporting director, Jean Todt, has told the Italian press that the team is considering taking both the F2001 and F2002 to Malaysia for the second round of the world championship next weekend.

5 MARCH 2002

FIRST ROUND OF TIRE WAR TO BRIDGESTONE

Michelin dominated the final standings in Melbourne, capturing every points paying position other than one.

JACK FAIRMAN

Jack Fairman, one of the British Formula 1 drivers in the 1950s, has died at the age of 83.

KIRCH ADMITS THAT F1 WILL PROBABLY BE SOLD

Dieter Hahn says that he would like to find a way of keeping the investment but admitted that it might have to be sold to help Kirch through a liquidity crisis.

PHOENIX AND SKODA

The business with the Phoenix Finance company trying to buy assets of the Prost Grand Prix team generated a vast number of daft stories about who might be behind the idea.

PHOENIX RETURNING TO ASHES?

Despite the plans being laid by Arrows F1 team boss Tom Walkinshaw there are still very serious doubts that the Phoenix Finance Ltd. bid to become a Grand Prix team will result in any cars appearing this year.

PHOENIX SHOT DOWN IN FLAMES

It was clear in Melbourne that whoever was behind the Phoenix Finance Ltd. Formula 1 team did not have a very clear understanding of the way in which the sport operates.

TARGET GENEVA

The first major gathering of the years of the European automobile company executives will take place this week in Geneva with the 72nd Geneva Motor Show.

TESTING RESUMES

Williams and Renault were back to work on Tuesday at Silverstone. Both teams put their test drivers to work, Marc Gene for Williams and Fernando Alonso for Renault.

4 MARCH 2002

JORDAN'S GARY ANDERSON SLAMS STEWARDS DECISION

Gary Anderson, has been rather vocal in criticizing the race stewards' decision not to stop the Australian GP after a first turn accident collected 8 cars.

3 MARCH 2002

A MAN WORTH WATCHING

While the attention in Formula 1 has been focussed on Melbourne and all the shenanigans going on down there, it is worth noting the results of a recent test in Japan where Honda has been trying out youngsters for its GT program.

AUTOMOBILE MANUFACTURERS MOVING AHEAD

The automobile manufacturers will be meeting next week at the Geneva Autosalon to discuss the development of the planned GPWC series, which they say will replace Formula 1 in 2008.

FORMULA ONE CONFIRMS WEBSITE ACQUISITION

As we revealed some weeks ago, Formula1.com has been acquired by the Formula One Group and it has now been announced that the website will become the official website of the FIA Formula 1 World Championship.

JORDAN DENIES HAMIDY DEPARTURE

Jordan Grand Prix is denying rumors that its technical director Egbahl Hamidy is leaving the team. Hamidy is currently "on holiday". Time will tell.

PRACTICAL PROBLEMS FOR PHOENIX FINANCE

Forgetting the legal and political issues involved in the takeover of Prost Grand Prix assets, the Phoenix Finance Ltd. F1 team is going to have a series of virtually insurmountable problems in the weeks ahead if it is to stay alive.

SATO'S DISASTROUS SATURDAY

Takuma Sato's first grand prix weekend has started disastrously, but the Japanese rookie will be given the chance to change his luck on Sunday.

THE LIQUIDATOR SPEAKS (PART II)

Cosme Rogeau, the liquidator of Prost Grand Prix, seems to be a man under pressure at the moment and on Saturday afternoon he issued a second press release to try to explain the deal he has struck with Phoenix Finance Ltd.

2 MARCH 2002

ALL QUIET ON THE PROST FRONT

After a day of fiery exchanges between Tom Walkinshaw and Paul Stoddart over the issue of the assets of Prost Grand Prix, more facts are beginning to emerge about the deal.

HAMIDY LEAVING JORDAN!

Egbhal Hamidy, the technical director of Jordan Grand Prix, is currently "on holiday" and that is bad news for the Iranian-born engineer - because at Jordan when the technical director does not make it to the first race to see how his new car is doing, the relationship is clearly over.

THE LIQUIDATOR SPEAKS

Clearly feeling under pressure to explain himself the official liquidator of Prost Grand Prix has announced details of the deal over the sales of Prost's assets.

TRAVELEX JOINS PANASONIC TOYOTA RACING

Toyota Racing has signed a sponsorship agreement with global foreign exchange specialist Travelex. Travelex is the world's largest operator of currency exchange bureaux.

WEBER TALKS UP OLYMPIC IDEA

Michael Schumacher's colorful manager Willi Weber has been talking rather a lot in recent days about a bid by Stuttgart to host the Olympic Games in 2012.

1 MARCH 2002

CELEBRITY FEVER HITS MELBOURNE

With speculation that former US President Bill Clinton will be a VIP guest at the Australian GP, there was added excitement on Thursday when film star Russell Crowe turned up in Melbourne.

MINARDI GOES BALLISTIC

The news that Tom Walkinshaw Racing has bought the assets of Prost Grand Prix means that the Minardi team will not get around $12m of TV money which goes to the top 10 F1 teams.

WEBBER BEATS MONTOYA!

The Melbourne Age newspaper dredged up an interesting story on Friday when it reported that Williams F1 star Juan Pablo Montoya stopped off on his way into the city from the airport when he spotted a go-kart circuit in Port Melbourne.