Back in the 1950s and 1960s one of the most popular events of the year was the Nassau Speed Week, which attracted many of the top drivers of the day to the Bahamas for a series of races.
The new GP2 series has announced 12 teams which it says will compete this year. The teams are much as expected with the usual Formula 3000 frontrunners Arden, Coloni, BCN, Durango and Super Nova being joined by a variety of new operations including ART, a new team which will be fielded by ASM for Nicolas Todt.
There is talk of running the Formula 1 cars through the streets of Melbourne before the Australian Grand Prix in Melbourne next year. The event would be an attempt to bring more people to Albert Park.
Ryan Briscoe's chances of racing in Formula 1 seem to be fading with Jordan having decided not to run the Toyota test driver in a test this autumn.
Michael Schumacher has been named Driver of the Year by The Indianapolis Star newspaper, an extraordinary event for a US paper given that interest in F1 in the United States is somewhat limited.
There is plenty of gossip about the Midland F1 programme at the moment, some of it good and some of it bad.
There are suggestions that Michelin is reorganizing its Formula 1 team following the relative lack of success of the programme in 2004.
The BAR-Honda team is to test Alan Van der Merwe, Adam Carroll and James Rossiter as part of its plans to develop a young driver program.
It is not a secret that teams in Formula 1 without manufacturer backing are at a massive disadvantage. The best that the private teams can hope for these days is a secondary factory supply,
Will Davison says that his test with Minardi has inspired him to try to restart his racing career in Europe.
The Turkish government last Thursday became the 38th to ratify the World Health Organization's Framework Convention on Tobacco Control, the international treaty which is aimed at restricting tobacco advertising of tobacco.
The new Ferrari F2005 will not make its debut next year until after the first three or four races. The team will instead rely on an updated version of the all-conquering 2004 car.
Two former employees of Ferrari are to be tried in Italy on charges of industrial espionage. A third man who was being investigated has been cleared. The first hearings are expected to take place next spring.
The Formula 3 Euroseries champion, Jamie Green, will test for McLaren next week.
Those of you expecting to see a story about a Grand Prix team from Holland and Canada are going to be disappointed.
Nicola Larini has been signed to join Alain Menu in the Chevrolet team in the FIA World Touring Car Championship campaign next year. The 40 year-old Italian has been a hugely successful touring car driver in recent years with Alfa Romeo but decided to switch to General Motors.
It was an interesting four days of testing in Barcelona but not too many conclusions should be drawn from the lap times as some teams were clearly not going for lap times.
For the last seven years Sauber has used Sauber Petronas-badged Ferrari V10 engines. It has been an agreeable deal for both sides with Ferrari only too keen to soak up the large sums of money supplied for the engines by Petronas and Sauber happy to play a quiet role and build up the team.
The State Opening of Parliament in Britain is not really of much interest to Formula 1 fans but, for the record, the latest session began on Tuesday and one of the first moves made by members of Her Majesty's Loyal Opposition was to table something called an Early Day Motion (EDM).
The ever-weakening US dollar is hurting the Formula 1 teams more and more as it sinks in value against the Euro. The dollar is now worth only 1.33 compared to almost parity in January 2003.
Brian Barwick, the head of ITV Sport, has left the TV channel to become the new head of the Football Association. The FA looks after the development of soccer in Britain and is the governing body of the sport in the UK.
Sweden's Bjorn Wirdheim, who was Jaguar Racing's test and reserve driver will not be continuing with Red Bull Racing. Wirdheim had been due to run in the test at Barcelona and at Jerez but the team has now decided to continue with Vitantonio Liuzzi.
Eddie Jordan and Christian Horner are believed to be only days away from announcing a deal which will see the team pass into the hands of the owner of the Arden International Formula 3000 team.
Belgium's Jeffrey Van Hooydonk will test a Minardi F1 car at Misano later this week.
The Formula 1 teams continued to test in Barcelona and at the end of the day of running it was Felipe Massa who emerged fastest overall in his Sauber.
Ma-Con Engineering, the Formula 3000 team Ma-Con has announced that it is not going to be joining the new GP2 series but rather plans to compete in the rival Formula Superfund championship.
There is talk in rallying circles of Renault becoming involved in a World Rally Championship programme with its new Logan budget car.
Anthony Davidson's test with BMW Williams has been blocked because BAR Honda and Williams cannot reach an agreement on the terms under which he will drive the car.
The BAR-Honda team has conducted a three-day evaluation of a number of rising stars, looking for the men most likely to be the stars of tomorrow.
The FIA has just cancelled the planned Formula 1 Commission meeting on December 9 saying that there was unlikely to be a quorum at the meeting and that none of the teams had volunteered any items for the agenda.
The negotiatons over the British Grand Prix have gone quiet in recent days but that does not mean that the problems have all been solved. The teams may have agreed to race at Silverstone but a deal has yet to be struck between Bernie Ecclestone and the British Racing Drivers' Club, which owns the track.
The Chinese automobile industry is booming and, according to the latest predictions from VDA, the German automobile industry union, this year Chinese production will outstrip that of Germany, to become the world's third biggest manufacturer of automobiles after the United States and Japan.
After a few quiet weeks with nothing much happening in Formula 1 the teams are back in action this week, testing in preparation for the new season with tests so far this week with Ferrari at Vairano and Barcelona.
Formula 1 refugee Justin Wilson has switched from Conquest Racing to join billionaire Carl Russo's RuSport team for 2005. Justin will partner the man who beat him to rookie of the year honours this year AJ Allmendinger.
The Formula 1 world will have to wait for a judgement in the case of Speed Investments versus Formula One Holdings at the High Court in London. After two days of legal arguments, Mr Justice Park said that he will hand down a judgement in a few weeks after he has considered the case some more.
The case between Speed Investments Ltd and Formula One Holdings Ltd kicked off at the High Court in London yesterday with Elizabeth Jones QC, for Speed Investments, asking Mr Justice Park for a summary judgement in the case,
Reports from Italy indicate that the San Marino Grand Prix has agreed the terms of a contract to run until 2009.
As we predicted yesterday, Ferrari has confirmed Marc Gene as its second test driver, sending a clear message to the other teams that it has no intention of getting involved in any testing bans, presumably working on the belief that if Ferrari holds out the other teams will crumble and testing will be left as it is.
The Toyota Motor Corporation has announced to its European dealers that it is going to be spending $650m in the course of the next five years to promote its luxury brand Lexus, to take on Mercedes-Benz and BMW in their home markets.
It is anticipated that Ferrari will name Marc Gene as its second test driver shortly. The team is expected to stay with current number one tester Luca Badoer and take on Gene to help him out.
The long and impressive Formula 1 career of David Coulthard may be coming to an end. Red Bull boss Dietrich Mateschitz says that the team is not really interested in the Scotsman.
The BMW Williams team is to have its team launch next year in Bahrain in the first week of January. The car will be launched at the end of January at the more conventional venue of Valencia in Spain.
France has won at Macau once again with Alexandre Premat bringing his ASM Dallara-Mercedes home at the end of a battle-scarred race which ended after 13 laps with a red flag after a multiple pile-up. Prior to that there had been two Safety Cars.
Lewis Hamilton won the 10 lap first heat of the Macau Grand Prix after the usual mayhem and destruction on the first lap. At the first corner Hamilton outbraved his team mate Robert Kubica with an all-or-nothing move.
Despite the rumours of an all-Dutch driver line-up at Minardi and a Jordan test for Christjian Albers, it seems that Jos Verstappen's future is not in Formula 1.
David Richards will leave British American Racing with his head held high. "I delivered what I said would take five years in only three, and you cannot look upon that as a down. It's very positive," he said.
Twenty-year-old Polish driver Robert Kubica has taken pole position at the Macau Grand Prix ahead of his Manor Motorsport team mate Lewis Hamilton. The two men were separated by two-tenths of a second but were clear of the rest of the pack.
Dutchman Christian Albers is to test for Jordan at Jerez on December 1.
Jenson Button is not going to be running away to Williams because BAR is being sold. The company with which Button has a contract has not changed and will not change ownership.
The long-awaited law suit between the three bank involved in Formula 1 and Bernie Ecclestone's Formula One Holdings company will start on Monday morning with Justice Sir Andrew Park scheduled to hear the case.
British American Racing's parent company British American Racing (Holdings) Ltd. is looking to go into administration. The company is the parent of the important subsidiary British American Racing GP Ltd., which was the company which BAR (Holdings) Ltd. bought from the Tyrrell Family and which is the signatory organization to the Concorde Agreement.
As we exclusively predicted earlier this week Honda has bought into British American Racing. David Richards will now stand down and Nick Fry will take over. For the next three months there will be a period of transition during which Richards will pull back from BAR and Fry will pull out of Prodrive.
Red Bull Racing has confirmed that Formula 3000 champion Vitantonio Liuzzi will be one of the drivers at the forthcoming Barcelona test on November 24-26.
The new GP2 series is not going to have qualifying sessions. The grids being established by the finishing order of the previous race. The starting grid for the first race will be established by a pre-season test to be held at Paul Ricard.
As we exclusively predicted yesterday, there are serious moves going on between Honda and British American Tobacco regarding the sale of the BAR-Honda team to the Japanese automaker.
The recent pushing and shoving in Formula 1 circles has been relatively quiet as F1 team people recover from the long F1 season. But now the entries are closed for 2005 and it is anticipated that there will be 10 teams in the World Championship next year.
Rising American racing star Ryan Hunter-Reay is the subject of much speculation at the moment as he tries to decide whether to race in Champ Cars or in the Indy Racing League.
The new Red Bull Racing is currently readying an interim car with which to go testing in the next few weeks.
The future of Honda in Formula 1 is quite secure. The interesting thing is that rumours continue to circulate in Formula 1 circles that the Japanese manufacturer is going to be buying British American Racing.
The Republic of Ireland is to get a new broadcaster for the Grands Prix with the Setanta Sports channel taking over F1 next year from state-owned RTE.
Automobiles Ligier has now launched its Ligier JS47 Formula 3 car.
There are reports from Austria that Red Bull's masterplan for the A1 Ring may not be running smoothly as first reports would suggest.
The question of drivers at Red Bull Racing has had the British press in a state of some excitement these last 24 hours because team boss Tony Purnell did not say that David Coulthard had no chance of a drive with the team.
The idea of an all-Dutch team at Minardi has been floating around since the summer - but that does not mean it is going to happen.
Red Bull is an Austrian company, and while there is no intention to move the team out of England there is a strong case now for the return to the Formula 1 calendar of the Austrian Grand Prix.
Tony Purnell, the team principal of the new Red Bull Racing says that there is no decision yet as to drivers for the 2005 season.
Jaguar Racing boss Tony Purnell has reacted to the news that the team has been bought by Red Bull.
Richard Parry-Jones has announced that Cosworth is being sold to Kevin Kalkhoven and Gerry Forsythe and says that it was "the best feasible outcome" in the situation.
Jordan Grand Prix this morning announced that it has signed a deal to use Toyota engines in 2005, but it does not mean that Jordan tomorrow will be the same as Jordan today.
The Ford Motor Company has confirmed that Red Bull is the new owner of Jaguar Racing, and Ford has also said that the engine company will be sold to Kevin Kalkhoven and Gerald Forsythe.
The Ford Motor Company has been receiving considerable criticism in the media since the announcement that it is walking away from Formula 1.
There will be an announcement about the future of Cosworth Racing and we expect that the event will mark the confirmation of the sale to Kevin Kalkhoven.
It was a star-studded podium for the annual Granja Viana 500 kart race in Brazil on Sunday.
The news that the new Red Bull F1 team will use Cosworth V10 engines in 2005 is confirmation that the sale of Cosworth racing must also have gone ahead, although no announcement has yet been made to that effect.
Jordan Grand Prix has concluded an agreement with Toyota Motorsport GmbH for a supply of engines in the 2005 Formula 1 World Championship season.
Austrian energy drink firm Red Bull has taken over the Jaguar Racing team. The news was confirmed by Red Bull owner Dietrich Mateschitz in the Salzburger Nachrichten newspaper.
Timo Glock, 2004 Jordan F1 driver, completed a test of the Superfund SF01 yesterday in Jerez, Spain.
The battle for control of Formula One, the company which holds commercial control of Formula 1 racing, took a major turn on Friday when the High Court in London rejected an appeal by Formula One Holdings against a court action being held in the United Kingdon rather than in a Swiss court.
Formula One Holdings has lost its appeal against the decision in July that the case between it and the three F1 banks be held in Britain. The main case will now go ahead at the end of the month.
Ferrari has done a deal with the Hornby group to create miniature Ferrari racing cars for use on its Scalextric tracks.
The appeal court in London this morning met to consider an appeal regarding the case between Speed Investments Ltd & Formula one Holdings Ltd. This will determine whether the main case will go ahead at the end of the month as had been originally planned.
Formula 1 is obviously a decent place to learn how to be a PR man or woman as the Volvo Ocean Race is to have an ex-F1 PR Director.
The Sauber Petronas team will be launching its new C24 chassis in Kuala Lumpur on January 11, 2005.
Negotiations are in their final stages for a Red Bull buyout of Jaguar Racing. The sale must be finished by Monday in order for the team to enter next year's World Championship.
Renault Sport has announced the teams who will be competing in the new Renault World Series in 2005.
Prospective Formula 1 team owners would be well-advised to take a look at the details of the forthcoming auction of Minardi items, scheduled to take place between November 17-20.
The announcement that auction house Sotheby's it will be auctioning a Ferrari F2004 with which Michael Schumacher won the first five races in 2004 flies in the face of all Ferrari traditions.
In Brazil the Formula 1 teams got together and agreed to accept a new qualifying plan which had been dreamed up by Bernie Ecclestone, Max Mosley and Jean Todt over coffee at the World Motor Sport Council in Paris the previous week.
This weekend in Sao Paulo Rubens Barrichello, Antonio Pizzonia, Juan Pablo Montoya, Felipe Massa, Luciano Burti and David Coulthard are all scheduled to compete in the annual Granja 500 karting event at the Granja Viana kart circuit.
There are reports in the South African newspapers that plans to host a Formula 1 race in Cape Town are not going as smoothly as some would have us believe with the government apparently unwilling to commit itself to such an expensive programme.
One factor which is important in the current economic slump in Formula 1 is the exchange rate between the US dollar and the Euro. Many of the teams negotiated their sponsorship deals in US dollars but have to pay out large sums of money in Euros.
The Race of Champions in Paris at the start of December is going to be a star-studded affair with F1 World Champion Michael Schumacher, WRC Champion Sebastien Loeb, NASCAR superstar Jeff Gordon, plus former WRC champions Colin McRae and Marcus Gronholm and DTM Champion Matthias Ekstrom.
Tomorrow morning at 09.45 (GMT) the Court of Appeal at the High Court in London will rule on the appeal in the case of Speed Investments Ltd versus Formula one Holdings Ltd.
NASCAR has been opposed to liquor sponsorship throughout its history but it seems that now anything goes.
Minardi has added yet another name to its list of drivers who are due to test at Misano later this month with a deal having been struck with Pastor Maldonado.
Sebastien Bourdais rang the Williams factory on Monday morning, as soon as he had wrapped up his American title and wanted to find out if Williams was aware of his flag-to-flag victory in Mexico City.
The Formula 1 teams say that the British Grand Prix is saved but the owners of Silverstone, the British Racing Drivers' Club do not yet have a deal with Formula One Management.
Scotland's Ryan Dalziel is to test a Champ Car shortly for PKV Racing.
David Richards's Prodrive company is one of the Europe's fastest growing companies, according to Europe's 500, an annual publication of the Europe's Entrepreneurs for Growth organization.
Paul Stoddart, the boss of Minardi, has entered the team for the 2005 FIA Formula 1 World Championship - despite the fact that he does not yet have an engine deal for the team.
The recent days have seen two more countries ratifying the World Health Organization's Framework Convention on Tobacco Control, bringing to 36 the number of governments that have ratified the deal.
Jacques Regis, the president of the Federation Francaise du Sport Automobile, says that French companies should come to the aid of the country's racing stars and help them to get to the top. France is looking at a situation next year in which there will be no French F1 driver for the first time since the mid 1960s.
The people behind the new Midland F1 project were in the Champ Car paddock in Mexico City at the weekend and rumour has it that they were in pursuit of some money from Mexico.
The Ferrari team did not bother to attend the meeting of the Formula 1 team bosses in London today and so it could not take part in the discussions surrounding the subject of testing.
The 2005 British and French Grands Prix will be on the Formula 1 calendar. Nine of the 10 Formula 1 team bosses met with Bernie Ecclestone in London today and agreed a commercial deal for the races to go ahead.
The Formula 1 team bosses meet in London today and Ferrari will not be with them. The meeting is designed to move ahead with attempts to cut costs in F1 but the ability to change things has been severely hampered by Ferrari's refusal to agree with the other teams.
Laurent Redon dropped from the Formula 1 scene in 1999, heading off to America to race in the Indy Racing League. After that he eestablished LRS-Formula, a Formula 1 driving school at Magny-Cours.
The GPWC is already sliding into a position that puts the Formula One group in a difficult situation in relation to the British Grand Prix.
BMW Williams has confirmed that it will be testing Antonio Pizzonia, Anthony Davidson and Nick Heidfeld.
Imperial Tobacco, the owner of McLaren sponsor West, has just announced a 13% rise in profits for the 2003-2004 financial year with an impressive profit of $1.88bn.
Frenchman Sebastien Bourdais clinched the Champ Car World Series with a dominant performance in Mexico City on Sunday. The F1 aspirant led from the start and stayed ahead all the way (despite one spin) to the finish to make sure that there was no chance for his Newman Haas Racing team mate Bruno Junqueira.
British driver Richard Lyons has won the Formula Nippon title at Suzuka, despite finishing only third in the final round of the series behind the Mobilecast Impul team duo of Benoit Treluyer and Yuji Ide.
Mika Hakkinen was vaguely talking to a number of Formula 1 teams about a return to Grand Prix racing but after a small amount of interest from Williams in the late summer, the Finn seemed to be without any real options.
Cristiano da Matta was in Mexico City to watch the showdown of the Champ Car World Series between Newman Haas Racing team mates Sebastien Bourdais and Bruno Junqueira.
Former Grand Prix stars and Le Mans 24 Hour winners Martin Brundle and Mark Blundell say they want to get back to racing in 2006 with a team run by Dave Price.
The news that Sauber is switching to Michelin tyres next year was something of a surprise but only because the deal was thought to be unlikely because of fears that Michelin data would get leaked back to Ferrari.
There is speculation that the financial clout of the Royal Bank of Scotland is being used to try to convince Williams to accept David Coulthard as a driver.
The demise of Jaguar Racing will not mean the end of British Racing Green at the top level of international motorsport as the national racing colour will now be transferred to Aston Martin Racing.
David Coulthard still wants to be a Grand Prix driver and is currently in the process of trying to sell his services to BMW Williams, which is vaguely looking around to see if there is a sensible alternative to Antonio Pizzonia for 2005.
The Altria Group, the parent company of Ferrari's title sponsor Marlboro, could be split into two or three different companies.
The news that Peugeot and Citroen are going to leave the World Rally Championship at the end of 2005 is a blow for the series but the latest figures of French car sales, revealed a couple of days ago, give ample evidence of why such a move was necessary.
Although the Ford Motor Company has committed itself to the FIA World Rally Championship for the next four years, the Citroen and Peugeot teams have decided that they are not going to continue, at least as long as the WRC remains as expensive as is currently the case.
Jacques Regis says that the French GP is not under threat, despite the fact that the F1 teams say they will not do 19 races unless Ferrari agrees to accept control tyres and a restriction on testing next year.
HH Sheikh Khalifa bin Zayed Al Nahyan has been elected to replace his late father as President of the United Arab Emirates. He has been the crown prince of Abu Dhabi since 1969. The role of Prime Minister of the UAE remains that of Dubai's ruler HH Sheikh Maktoum bin Rashid Al Maktoum.
The Champ Car World Series finishes off this weekend in Mexico City with Newman Haas Racing team mates Sebastien Bourdais (McDonald's Lola-Ford Cosworth) and Bruno Junqueira (PacifiCare Lola-Ford Cosworth) battling it out to win the title. Bourdais goes to Mexico City with a 22-point lead.
The Formula Nippon Championship comes to a head this weekend at Suzuka with Andre Lotterer (PIAA Nakajima) and Richard Lyons (DoCoMo Dandelion) battling for the title.
The Nissan World Series meets for the last time this weekend at Jerez de la Frontera. After seven years the series is being cancelled to make way for the Renault World Series, which will kick off on May 1 next year at Zolder before moving on to a race supporting the Monaco GP.
The word on the street from the Williams factory in Grove is that the team's chief aerodynamicist Dr Antonia Terzi is leaving and her role will be taken by France's Loic Bigois.
General Motors has announced that it is withdrawing from the Indy Racing League after the end of its current contract in 2006. The US company has struggled to be competitive against Honda and Toyota and last year had to resort to desperate measures and ask Ford subsidiary Cosworth Racing to supply it.
The latest moves in the musical chairs of the Formula 1 teams have speeded up in recent days with Red Bull suddenly back in the picture with Jaguar Racing and the Chinese businessman who was looking at Jordan having suddenly faded from the scene.
There are reports in today's Financial Times in London suggesting that Red Bull is in the final stages of negotiations to buy Jaguar Racing. The newspaper, which can often be relied upon, cites sources close to the deal saying that Red Bull and Ford are fighting over the price of the team.
The Formula 3 Euroseries will be one of the support races for next year's Monaco Grand Prix following lengthy negotiations between the series organisers and the Automobile Club de Monaco.
As we reported on Monday, Kimi Raikkonen is planning to set up his own Formula 3 team in league with his manager Steve Robertson, a former F3 race winner between 1989 and 1991.
Arden International is pushing ahead with its plans to contest the new GP2 series with tests in recent days in Estoril and Barcelona for a number of young drivers. The tests will continue next week in Jerez.
Nicolas Todt, the son of Ferrari boss Jean Todt, will be fielding a team in the new GP2 series next year in association with the French Formula 3 team ASM. The team will be based at Villeneuve la Guyard, near Fontainebleau, to the south-east of Paris.
Bernie Ecclestone says that there will be a Grand Prix in South Africa within five years - but it is not the first time he has said that.
The Australian Grand Prix cost the state $9.5m in 2003-2004 according to the latest report from the grand prix corporation. This year's figures reveal an increased attendance of 3.5%, resulting in ticket sales of $30m, with total revenues up to $38m.
The death of United Arab Emirates President HH Sheikh Zayed bin Sultan Al Nahyan of Abu Dhabi looks likely to increase Dubai's influence in the Gulf region.
The Ford Motor Company is not flavour of the month in Formula 1 circles at the moment, with continuing rumours of legal actions in the pipeline against the Detroit automobile maker.
The Sauber team has signed a contract with French tyre manufacturer Michelin. This agreement comes into effect immediately, and the team will conduct its first test with Michelin tyres between November 24 and 26 in Barcelona, when Jacques Villeneuve will also be getting his test test with the team.
Ford's recent success in the World Rally Championship seems to have tipped the Detroit company into staying in the WRC for four more years.
Jaguar Racing test driver Bjorn Wirdheim seems to have given up on his immediate ambitions in Formula 1 and is rumoured to be on his way to Champ Car racing next year with Kevin Kalkhoven's PKV Racing.
Rising British racing star James Rossiter is believed to have signed a deal to race for the Signature team in the Formula 3 Eurocup next year.
We hear that the onset of the new Midland F1 team will mean some changes at Carlin Motorsport in the months ahead.
The action by nine of the 10 teams in Brazil, proposing a cut back in testing and requesting a control tyre situation seems to have run out of steam as team bosses have gone their separate ways since Interlagos.
The recent departure of Karl-Heinz Kalbfell, the chairman and chief executive of Rolls-Royce Motor Cars, came as a shock to everyone at parent company BMW.
The Toyota Motor Corporation has reported a 11.4% increase in its earnings in the six months up to September 30. The company made profits of $5.5bn on sales of $85bn (an increase is sales of nearly 10%).
There is talk that there may soon be two Grands Prix in Japan and it is easy to see how that is going to happen. The current deal between the Formula One group and Suzuka runs out in 2006 by which time the Mount Fuji International circuit will be ready to challenge Suzuka for the deal.
The A1 Grand Prix series has announced five more franchise-holders including Alan Jones, the 1980 Formula 1 World Champion, who is fronting an Australian entry, and deals for South Africa, Portugal, Canada and Malaysia.
The Ford Motor Company is believed to be close to selling Cosworth Racing, its competition engine subsidiary which in recent years has supplied Jaguar Racing with its V10 engines, Champ Car with its power units and built engines for Chevrolet in the Indy Racing League.
The Austrian finance company Superfund has announced plans for what will be known as Formula Superfund in 2005. This has grown out of the Euro3000 series but will have a brand new car in 2005, called the SF01.
FIAT and Ferrari President Luca di Montezemolo is admitting that Ferrari's 2004 performance is probably as good as it gets in Grand Prix racing.
MotoGP star Valentino Rossi has often been linked to a switch to four-wheeled racing but it is not going to happen in the immediate future, if at all.