The news that Luca di Montezemolo is involved in a consortium trying to buy the Italian state tobacco monopoly is, at first glance, rather an odd one.
There is speculation on the Autosport website that the Ford Motor Company is planning to return to Formula 1 in 2003 with Ford-branded engines for the Jordan team. This would put the Ford name in direct competition with its subsidiary brand Jaguar.
We have been hearing in recent weeks of moves to restrict the access for young drivers in Formula 1 by forcing them to go through the International Formula 3000 series.
As we suggested would happen some months ago, the Indianapolis Motor Speedway is going to leave the
A plan is afoot to run an English entry in the forthcoming Rockingham 500 under the Team Saint George banner - and Johnny Herbert is tipped to be the man likely to run in the England-branded car.
People will tell you that Tom Walkinshaw is going to leave Formula 1 once the sale of the Arrows team has been completed - but this is by no means certain.
Craig Pollock is rumored to be close to a deal to buy the troubled Arrows team. This is all well and good but observers are asking how the entire operation will work as the Arrows team is currently based inside the TWR factory at Leafield.
One would think that success for Ferrari would have the Italians glued to their TV screens but according to the latest figures published by the Italian TV station RAI, which owns the rights for free
Nigel Mansell is once again looking for sponsorship following the announcement that his Woodbury Park golf course has won a round of the 2003 European Seniors' Tour.
Danny Sullivan has unveiled more about his Red Bull F1 Driver Search. The program will be announced during the United States Grand Prix weekend at Indianapolis in late September
While the Formula 1 teams are banned from testing until the Hungarian Grand Prix in three weeks, Ferrari's test driver Luca Badoer remains hard at work at Mugello,
The big story of the day - propagated as usual by the headless chickens of the Internet - was that Mark Webber was on the verge of signing for Jaguar.
Formula 1 is currently fighting to keep its market share in the TV viewer markets despite the fact that Michael Schumacher has won 75% of the races this year with nine victories in 12 events
The tire business has been struggling in recent months but Europe's biggest tire maker says it is expecting to perform better than forecast this year thanks to the improving market conditions.
The Italian government has announced plans to sell off Ente Tabacchi Italiani, the national tobacco monopoly.
In recent weeks a number of team principals have expressed their dissatisfaction with the provisional calendar published by the FIA.
It now seems to be inevitable that the Arrows team will survive its current financial and legal problems.
Now is the time of year when engine builders are bolting together next year's engines for the first time.
German Grand Prix Sunday Race Report
It has not yet been confirmed but there is no doubt that Juan Pablo Montoya will be staying at Williams for the next couple of years.
Tomas Scheckter's victory on Sunday at Michigan International Speedway marks his first major win of international note.
With all testing banned for the next three weeks many of the Formula 1 teams are taking the opportunity to have a week off and get ready for the final five races of the year.
With McLaren, Renault and British American Racing having largely settled on their drivers for the 2003 season the focus of attention in F1 is now shifting towards Sauber.
Heinz-Harald Frentzen is an important player in the F1 driver market at the moment because of a number of good showings this year with the Arrows team.
Renault is already planning to build a second windtunnel at Enstone.
German Grand Prix Sunday Race Notes
German Grand Prix Sunday Warmup Report
Bryan Herta is to join the fun at Minardi's Thunder in the Park event at Donington in the middle of August.
With Alex Yoong expected to stand down from Minardi for the next couple of races, the team is thought likely to ask Renault Sport if it is willing to loan Fernando Alonso.
Alex Yoong now looks likely that, despite bringing considerable amounts of sponsorship from Malaysia, may have to stand down before the end of the year.
Giorgio Pantano won his second Formula 3000 victory of the year and pulled himself back into the Formula 3000 title race at Hockenheim.
German Grand Prix Saturday Qualifying Report
German Grand Prix Saturday Photos
The FIA Stewards have fined Formula 3000 race winner Giorgio Pantano for celebrating his victory by performing lb"doughnutstt".
There was much rumbling in the British press on Saturday about the work which was done on the roads at Silverstone in order to improve the access to the racing circuit.
German Grand Prix Saturday Morning Free Practice Report
At Hockenheim the Arrows team was running as normal - and no-one was quite sure why.
Most people are assuming that Jacques Villeneuve will soon conclude a new deal with British American Racing and that Olivier Panis will thus be forced to leave the team in order to make room for Jenson Button next year.
When there is a lot of talk in Formula 1 more often than not that means that the stories are a smokescreen for other negotiations.
German Grand Prix Friday Afternoon Free Practice Report
Giorgio Pantano captured the pole for Saturday's F3000 race in Germany, the first of his career.
German Grand Prix Friday Photos
The West McLaren Mercedes team will remain the same next season.
Trevor Foster, the former joint managing director of Jordan Grand Prix, is now working for British American Racing.
Mika Hakkinen has announced his retirement from Grand Prix racing.
German Grand Prix Friday Morning Free Practice Report
McLaren will announce its driver line-up for 2003 later today at Hockenheim.
British American Racing has done a deal with the world's largest mobile company NTT DoCoMo.
Ron Walker has publicly stated that Bernie Ecclestone could be the man to lead a bid for the Olympic Games to be held in London in 2012.
Nick Heidfeld says that he expects to stay at Sauber next year. The Swiss team has an option on the German but it is likely that the option will be taken up on September 1.
Mumtaz Tahincioglu, the head of the Automobile and Motorsports Federation of Turkey, says that there will be a Turkish GP in 2005.
Giancarlo Fisichella intends to be back in action for the Jordan team at the weekend.
The world's economy seemed to be perking up after the September 11 attacks last year but in recent weeks share prices have fallen below levels seen in the mid 1990s.
The FIA is waiting to see what Arrows is going to do at the German GP and may take action if the team tries to repeat its stunt at the recent French GP.
The efforts of the CART organization to build up their troubled championship continue to draw a blank with the stock price sliding to a new low.
Karen Earl Limited, predicts that Formula 1's TV ratings in Britain will drop.
It was widely reported after the French GP that Michael Schumacher had beaten Carlos Reutemann's long-standing record of points-scoring results, however historians in the 1980s failed to take one thing into account: in the 1950s points were given for the fastest lap.
Banks owed money by the Kirch empire will shortly take over the pay TV station Premiere.
Mario Andretti says he wants to start his own racing team and now his son Michael is following suit.
Britain's Motor Sports Association, the national governing authority, is to have a new chairman, John Grant.
Anyone who has been involved with the building trade knows that things are rarely ever completed on time and McLaren's massive Paragon factory is no exception.
The famed Bus Stop Chicane at Spa-Francorchamps will be markedly different this year.
Giancarlo Fisichella missed the French GP at Magny-Cours after a heavy accident on Saturday morning.
The French Grand Prix is due to continue at Magny-Cours until the end of 2004.
Last week a usually reliable source in America reported that British American racing test driver Anthony Davidson would shortly be testing for Jaguar Racing.
French Grand Prix Sunday Race Report
The behavior of the Arrows team at Magny-Cours was not acceptable - at least not if one listened to the voices in the Press Office.
Jenson Button's deal to join Lucky Strike BAR Honda is for four years - which means that the British youngster will be with the team until the end of 2006.
Heinz-Harald Frentzen, who is having a frustrating Formula 1 career at the moment with Arrows, says that he would like to try a World Rally Championship Ford Focus.
Lucky Strike BAR Honda test driver Anthony Davidson tested for Team Green at Elkhart Lake earlier this week.
It has been confirmed that Jenson Button will join British American Racing next season.
Although it has yet to be announced the final details are now being made to a contract which will see Jenson Button racing with British American Tobacco for the next two years.
The McLaren team says it accepts the decision of the FIA Stewards over the incident between Michael Schumacher and Kimi Raikkonen.
French Grand Prix Saturday Photos
The stewards have thrown out the protest lodged by McLaren.
McLaren have lodged a protest against Michael Schumacher's victory in the French Grand Prix arguing that Schumacher passed Kimi Raikkonen under a yellow flag.
French Grand Prix Sunday Race Notes
French Grand Prix Sunday Morning Warmup Report
French Grand Prix Saturday Qualifying Report
The Formula 1 world is never short of surprises and after Giancarlo Fisichella was declared unfit to drive on Saturday morning it looked as though Jordan would be running just one car on Sunday afternoon.
The Renault F1 team has announced that it will be running Fernando Alonso and Jarno Trulli next year and that means that Jenson Button is on the market.
French Grand Prix Saturday Photos
The Orange Arrows team went through the motions of taking part in qualifying for the French Grand Prix.
Following consultation with Professor Sid Watkins it has been decided that Fisichella will not take part in todays qualifying session.
Max Mosley visited the new Paul Ricard - High Tech Test Track at Le Castellet on Friday.
Giancarlo Fisichella was sent off to Nevers hospital after his crash in practice on Saturday morning at Magny-Cours for a brain scan.
The Orange Arrows team finally became involved in the French GP when both Heinz-Harald Frentzen and Enrique Bernoldi were sent out to do one installation lap at the end of the practice sessions.
French Grand Prix Saturday Morning Free Practice Report
Giancarlo Fisichella had a huge accident at Magny-Cours on Saturday morning when the Jordan driver ran over the curbs in the Estoril corner and the front wing of the car came off and went beneath the wheels of the Jordan.
The Renault F1 team will announce this afternoon that Fernando Alonso will partner Jarno Trulli in the team next year.
With the Formula 1 world being rather suspicious of the manufacturer-backed Grand Prix World Championship concept there is an opportunity for someone else to make a bid for the commercial rights to Formula 1 racing.
There are rumors from Jaguar Racing that chief designer John Russell has moved on.
French Grand Prix Friday Afternoon Free Practice Report
Tom Walkinshaw says that the Arrows team will run on Saturday at Magny-Cours.
Jacques Villeneuve and David Richards of British American Racing are discussing the possibility of the Canadian staying with the team for at least another two years.
There have been stories in recent days that Craig Pollock has backing from Canadian billionaire Edgar Bronfman Jr. of the Seagram drinks company.
French Grand Prix Saturday Photos
French Grand Prix Friday Morning Free Practice Report
The FIA stewards issued a press statement on Friday morning in France, indicating that Enrique Bernoldi would be allowed to compete in the French GP.
The Arrows team may have arrived in Magny-Cours but as the first practice session began on Friday morning the cars stayed in the garage.
Alain Prost is planning to try his hand at sports car racing.
Speculation is building in F1 circles that Renault Sport will this weekend announce that Fernando Alonso will be joining Jarno Trulli next year.
The Austrian racing driver Fritz Glatz was killed last weekend at the wheel of an old Arrows chassis while racing in the European historic Formula 1 championship.
Nordic Racing has signed Sweden's Thed Bjork to replace Australia's Ryan Briscoe in Formula 3000.
Eddie Jordan is relaunching the Jordan brand name, according to the latest reports in Marketing magazine in London.
Jenson Button made a very quiet visit earlier this week to the Sauber factory in Hinwil.
The Arrows team arrived at Magny-Cours at midday on Wednesday and began setting up the pits and hospitality areas in preparation for the French GP this weekend.
The CART series has received another setback with the news that the receivers of the Lausitzring have cancelled the event scheduled for September 21.
The World Health Organization (WHO) has released the draft of a treaty text for the planned Framework Convention on Tobacco Control.
Juan Pablo Montoya is the latest F1 star to join forces with Sports Telecom to develop branded mobile services and products.
It is worth noting that Saudi Arabian Prince Al-Waleed, a major global investor, could be quietly supporting the idea of a Grand Prix in Beirut.
Tom Walkinshaw has sent the Arrows team trucks off to France but there are still no guarantees that the team will be able to compete.
The Credit Suisse company has revealed that it is currently spending $17m a year on its sponsorship with Sauber.
There continue to be rumors that Toyota Motorsport is considering running CART driver Cristiano da Matta in F1 next year.
Gonzalo Rodriguez was killed in the autumn of 1999 while trying to build a career for himself in the CART series in the United States of America.
In 1999 RJR Nabisco agreed to sell its non-American tobacco businesses to Japan Tobacco for $8bn.
Although Malaysia's Proton has said that it intends to build its own engines for production cars, the company's oil company Petronas is continuing to push ahead with its own car engines.
The Formula 1 transporters normally set off for European races on the Monday before each race but on Tuesday afternoon it seems that the Arrows trucks are still at Leafield and have yet to set off for Magny-Cours.
Felipe Massa says that he has no contract with Ferrari.
Any hope that their might have been of a Turkish Grand Prix seem to be failing as the current government stumbles towards what looks like being an early demise.
The legal action between Deutsche Bank and Tom Walkinshaw's Arrows may have more to do with Deutsche Bank's financial situation than with any real interest in F1.
Tom Walkinshaw is rumored to be close to completing a deal with Morgan Grenfell, which will allow him to sell the Arrows F1 team to Red Bull GmbH and Red Bull Inc.
Red Bull is a company which has money to spend and the motor racing world fits in nicely with the company's advertising philosophy of supporting participants in dangerous and extreme sports.
Anthony Davidson is to be have a run in a Jaguar later this summer as the team looks at possible signings for next season.
There are rumors in F1 circles that Toyota Motorsport has offered Willi Rampf twice his current salary to move to Cologne to work for the team.
The politicians of Belgium have a talent for trying to drive Grand Prix racing out of the country.
Bernie Ecclestone's outburst against Silverstone left most of the F1 circus perplexed as the work done in and around Silverstone was mightily impressive.
Mugen has been out of Formula 1 since Honda's official return to the World Championship but it is not impossible that the company could be back in the sport again next year, working in parallel with Honda.
The banks which now control SLEC, the Formula One group's holding company, have not even started talking with the automobile manufacturers about what should happen in Formula 1.
The news that Toyota has pulled its test driver Ryan Briscoe out of Formula 3000 is not really a surprise.
Renault, Williams and Arrows wrapped up their testing programs before the French GP and the summer testing ban on Friday at the Valencia circuit.
The recovering Korean economy has once again raised the possibility of an F1 involvement by Hyundai.
Carlos Reutemann surprised the Argentine people Wednesday by reporting that he would not seek the presidency of the financially troubled country.
The next generation BMW engine, scheduled to replace the currently successful P82, is ready ahead of schedule according to BMW Motorsport director Gerhard Berger.
Testing continued at the Valencia circuit in Spain Thursday, where Heinz-Harald Frentzen set the fastest time of the day.
Jaguar test driver James Courtney suffered a concussion Thursday morning during a spectacular crash while testing at Monza.
Nigel Mansell is the latest to escape a dangerous airplane emergency.
Life on the race tracks of the world may be troublesome for the Honda Motor Company but in the showrooms the company is doing remarkably well.
Australia is in a strong position to have a whole string of F1 drivers in the years ahead.
The recent investment made by Mediobanca in Ferrari could change the company in a fundamental way.
The need for cars in CART has led former World Champion Mario Andretti to consider starting his own team in the struggling American open-wheeler championship.
The paddock at the British Grand Prix is one of the busiest of the year with the Formula 1 circus meeting the British motor racing industry.
The head of Volkswagen Bernd Pischetsrieder has again denied any intention on the part of Audi to enter Formula 1 in the near future.
Rob Bain, the man who was running the British GP operation for Octagon, quit his job on Monday but while the timing may seem to be related to the criticisms about the British Grand Prix the reality seems to be rather different.
Testing in preparation for the French GP continued Wednesday, when the Jordan-Honda and Arrows-Cosworth teams joined Williams, Renault and Sauber in Valencia, Spain.
Niki Lauda has found a new personal sponsor in German heating company Viessmann.
Toyota has pulled protege Ryan Briscoe out of his role in the International F3000 series with team Nordic Racing.
The news from China that Shanghai has a deal to stage a Chinese Grand Prix should be treated with care because similar deals in the past have not resulted in races taking place.
The legal implications of the findings of the Melbourne coroner last year may be only the tip of the iceberg for the authorities organizing the Australian Grand Prix.
The FIA Foundation has contracted the Piper International Design Group to conduct tests into the aerodynamic stability of flat bottom sportscars.
The Arrows team needs to find answers to its problems before Wednesday, July 17 when the team has to come up with its next payment to Cosworth Racing.
Mark Webber is off today to France to join up with the Tour de France at Reims to see how the really tough men go racing.
Renault, Williams-BMW and Sauber-Petronas resumed development after the British GP at the Valencia circuit in Spain Tuesday.
FIA President Max Mosley and British sports minister Richard Caborn have come to the defense of the improvements made at the Silverstone circuit for this year's British GP.
Anyone looking for a pair of used racing overalls or balaclava can head to ebay and find those used by Jenson Button and Jarno Trulli this season.
The Formula 1 tire regulations are not expected to change in 2003 because the racing authorities and the tire manufacturers have failed to agree on changes to be made.
It has been announced by the Shanghai International Circuit Co. that construction will begin this month on a race track, and they are hoping to host a Grand Prix in the future.
British Grand Prix Sunday Race Report
There was a minor spat on Sunday between F1 boss Bernie Ecclestone and Silverstone over the question of signage.
BMW is due to announce today that it will be sponsoring the Oracle Racing's America's Cup syndicate.
There was speculation at Silverstone that Jurgen Hubbert, the current boss of Mercedes-Benz, may be the man in line for the job of running the GPWC.
Brendan McGuinness, a representative of the Saudi Arabian investor Prince Al-Waleed's Kingdom Holding company spent the British Grand Prix weekend as a guest of the Minardi team.
Rob Bain has resigned from his position as the head of Octagon Motorsports just one day after his organization put on a trouble-free British GP.
The Formula 1 team principals met with the Grand Prix World Championship's leading players on Friday afternoon at Silverstone.
British Grand Prix Sunday Race Notes
British Grand Prix Sunday Morning Warmup Report
Hollywood director John Frankenheimer has died on Saturday in Los Angeles at the age of 72, following complications from spinal surgery.
British Grand Prix Sunday Photos
British Grand Prix Saturday Qualifying Report
Tom Walkinshaw says that he has paid some of the bills in order to get Cosworth Racing to agree to release the electronic boxes of the engines so that the Arrows team can run at the British GP.
Three into two does not go. And thus there are questions as to what is going to happen with the driver line-up at Renault F1 next year.
Jordan's sponsor Deutsche Post has raised its share in DHL to 75% by buying out Lufthansa, which owned 25% of the business, for $600m.
British Grand Prix Saturday Morning Free Practice Report
British Grand Prix Saturday Photos
The improved access to the Silverstone circuit is a success with no major traffic problems being reported on Saturday, despite the fact that the new A43 bypass is still not fully open.
The Kirch Media company, the firm which controls ProSiebenSAT.1, Germany's largest free-to-air TV broadcaster, is likely to be taken over within the next few days.
British Grand Prix Friday Afternoon Free Practice Report
The FIA has revealed details of its website to which racing fans can send their messages with ideas about what the federation should do about the problem of team orders in Formula 1.
The name Perry McCarthy may not be well-known by racing fans of today but those who have been following the sport for more than 10 years will remember Perry as the man who tried to make it to Formula 1 without any backing at all.
The talk in the Silverstone paddock on Friday afternoon was whether or not Arrows would be running on Saturday - but the more important question was whether or not the team will survive in the longer term.
The Arrows team will have to wait until later today to hear whether or not a judge will agree to let the team be sold to new investors.
The decision handed down by the High Court in London against the Arrows team in its case against Morgan Grenfell would seem to suggest that the team has reached the end of the road in Formula 1.
The Arrows team has asked the FIA to extend scrutineering until 10.00 tomorrow morning in the hope that a solution will be found overnight to the problems which look likely to put the team out of business.
It has been a busy few days for F1 team bosses with David Richards of BAR being honored by the Motorsport Industry Association.
James Grosfield, who helped to restructure the CART organization under Chris Pook, has re-signed.
Lisa Dennis, the wife of McLaren boss Ron, has announced plans for a range of books and related merchandise surrounding the adventures of two racing cars Mac and Lauren.
The Grand Prix World Championship BV company is to make a presentation to the Formula 1 teams at Silverstone on Friday.
The 17-page judgement against Arrows in the High Court in London proved to be a damning indictment of the way in which the company has been run in recent years.
The West McLaren Mercedes Team will introduce new temperature controlled suits for the pit crew.
Eduardo Duhalde, the president of Argentina has announced that the country will have presidential elections in March next year.
Jean Todt arrived at Silverstone on Thursday aboard the Williams team's helicopter.
The question over the ownership of Arrows has been confused in recent weeks.
Jaguar Racing boss Niki Lauda is hard at work trying to convince the Austrian drinks company Red Bull to put its financial weight behind his team.
Freddie Martin-Dye is going to win a Grand Prix within the next 14 years - if his father has anything to do with it.
The Goodwood Festival of Speed is to attract an amazing field for this year's event.
There is a bit of excitement in F1 circles about Jenson Button's future.
Canal Plus is coming to the end of its pay-per-view deal with Formula One Management and the chances of the deal being extended are relatively small.
Former World Champion Damon Hill will be out in a Minardi two-seater at Donington Park.
The French government has responded to stories that it is going to re-nationalize France Telecom.
Cosworth Racing can supply three teams next year: Jaguar and two customers.
For the next three months the work of some of the best known Formula 1 photographers will be on display in London in an exhibition sponsored by Jaguar.
The French government is considering renationalizing France Telecom unless things improve for the company.
The new 34% shareholder of Ferrari, Mediobanca, has brought in a new partner in the form of its German ally Commerzbank.
There has been speculation in recent days that Wolfgang Reitzle, the former Jaguar Racing boss who is now in charge of the German engineering firm Linde AG, may be looking at a Formula 1 sponsorship deal.
Guido Stalmann, the head of motorsport communications for BMW, has moved on to a bigger job.
The latest tourism figures from Hungary reveal that the Grand Prix in Budapest is becoming more important than ever.
Fans should not be surprised if only 20 cars turn up for practice at Silverstone.