There have been rumours since last summer that Gerhard Berger was planning to get engineer Giorgio Ascanelli as the technical director of Scuderia Toro Rosso and that deal has now been done and Ascanelli will start work at the team next weekend in Malaysia.
The FIA does not like to be seen to be backing down on anything and thus the press release after the recent FIA World Council meeting mentioned nothing about letting the Turkish racing federation off its fine from last year nor any details about "a number of amendments" that had been agreed for 2008.
The word from Germany is that HWA, the company that runs all of Mercedes-Benz's non-Formula 1 motor sport activities, is to be floated on the Frankfurt Stock Exchange later this year.
Giedo Van der Garde may come to regret his decision to walk out on Super Aguri F1 and sign a deal to test for the Spyker team. The problem is that Super Aguri has a valid contract lodged with the Contract Recognition Board and this will remain valid until a settlement can be found.
Prodrive has joined the space industry, having manufactured a number of lightweight panels for the recently launched Cibola Flight Experiment satellite, which was one of six deployed in space recently a the United Launch Alliance Atlas V rocket.
With entries now flooding in for the Indianapolis 500 it looks like there will be three women in the 2007 field with the news that Venezuela's Milka Duno will be driving for the Samax team in a Citgo-sponsored Dallara-Honda.
Paul Stoddart is to run his fleet of F1 two-seater cars as part of the support programme at Champ Car races this year. The cars will not be used for races but will allow VIPs and fans to have a chance to get an idea of what drivers experience when they are racing.
The Champ Car troops are in the final stages of preparation for the start of the new season in Las Vegas on April 8 and there are clear signs that the drives available need funding and those without funding have little chance of landing a drive.
Midlands property developer Oliver Speight is reported to have tabled a $110m offer to buy Silverstone from the British Racing Drivers' Club. The club has around 900 members and so there is no doubt that the members could each make huge financial gains if such a deal went ahead.
The new Formula 1 technical regulations for 2009 and beyond was designed to create opportunities for engineers to start new companies to sell technology to the Formula 1 teams and the first such company is now up and running with the news that Jon Hilton and Doug Cross, two engineers from Renault F1, have started a new business called Flybrid Systems
The FIA has agreed to halve the $5m fine imposed on the Turkish race authorities after last year's podium scandal when Turkish Cypriot leader Mehmet Ali Talat presented the winner's prize to Felipe Massa, a move that was designed as a nationalistic statement which triggered serious questions over the FIA's political neutrality.
The Fédération Française du Sport Automobile (FFSA) has decided to take a year out of the FIA Formula 1 World Championship in 2008. The Magny-Cours circuit is reckoned to be no longer viable from a financial point of view and it is too early for other projects.
Although there are beginning to be signs of celebration for Toyota's 50 years in motorsport, it should be remembered that the Japanese company still has another six months to go before the actual anniversary.
Anthony Davidson will be back in action in Malaysia today having now fully recovered from his back problems in Australia.
The Formula 1 clans are gathering again, this time in Malaysia where there is a test this week prior to the Grand Prix there at the end of next week. The testing began on Tuesday with Robert Kubica setting the pace for BMW, with 92 laps of the track and a best time of 1m36.187s.
Honda Racing F1's Gil de Ferran is a busy man and so decided to take his family off for a little holiday in Florida at the weekend.
Although the government of Valencia has voted through its plans for the funding of a Formula 1 track in the downtown area, there is still one hurdle that needs to be overcome. The mayor and the local government both face elections at the end of May.
Valencia is keen to stay in the international spotlight when the America's Cup departs and the city government has just voted through the funding for a rebuild of the streets to open the way for an F1 track in 2009. The track will run around the harbour area and hopes to become a Spanish version of Monaco.
Stoxx Ltd has launched a Grand Prix Index on the Dow Jones. The new index measures the performance of the major players in the Formula 1 series, including engine manufacturers, tyre makers, oil and fuel suppliers and team sponsors.
More details of the Aston Martin sale have emerged in recent days with the price paid being $570m, plus $390m in debt. This means that the business is now free of debts. The biggest shareholder is Investment Dar which owns 50% of the business.
Heinz Schiller has died at the age of 77. He raced in just one Grand Prix but was nonetheless a talented Swiss driver, who was often seen alongside Jo Siffert in sports car racing.
Michael Schumacher is to have a section of the Nurburgring named after him. The track has had sponsored corners for many years with some, such as the Dunlop Kurve, becoming wellknown but others being referred to more often by number.
The Indy Racing League action at Homestead over the weekend saw a double triumph for British exiles in the United States with Dan Wheldon dominating the main event, leading 179 of the 200 laps.
There has been some significant action in the High Court in recent days between the FIA director of communications Richard Woods and Tom Rubython, the editor of BusinessF1 Magazine. Both sides have issued press statements claiming victory.
Gary Paffett, 2005 DTM-Champion with the DaimlerChrysler Bank AMG-Mercedes C-Class, will return to the DTM this year after a year spent testing for the McLaren Mercedes F1 team. Paffett will drive a 2006 AMG-Mercedes C-Class for the Persson team.
Williams test driver Narain Karthikeyan will take part in the Speedcar Series, the competition that will pit 24 identical 600bhp cars against each other on tracks across Asia and the Middle East. Karthikeyan is the first Asian driver to be announced as a competitor in the championship.
The rules of Formula 1 are complicated and often, at the start of a new season, the teams have to have a look at the cars to see not only the new ideas, but also whether they think the rules are being bent - often quite literally.
As the folk in Melbourne quibble over what it will cost to light up the Formula 1 track in Albert Park - if indeed it is necessary given that the race could be held at night without the need for lights if the date was changed - there are other arguments which need to be taken into account.
The Spyker F1 team has now begun the process of arbitration against various other teams over the question of company cars. It is not currently clear which teams are involved ]but it could be that Super Aguri, Toro Rosso, Red Bull Racing and Honda F1 are all involved.
The Circuit de Catalunya is still expanding its facilities as it enjoys the Fernando Alonso boom that is currently driving interest in F1 in Spain. As part of this programme the circuit has just announced a new 2000 seat grandstand at the new chicane that has been created in recent months.
With new projects for Formula 1 races coming out of the woodwork all over Asia and the Middle East, the remaining European races are beginning to get edgy and in recent days there have been stories about plans to revive the French Grand Prix at Disneyland Paris and finally Britain has reacted.
The Malaysian Grand Prix may not have been a runaway success in recent years but the locals are not about to quite and walk away, despite the fact that Singapore is coming on strong with plans for a race in September 2008.
As interest in Formula 1 continues to grow in Asia and the Middle East, India is still trying to get its act together to hold a race. The Formula One group is always going to make exceptions for a country that has a population of one billion people.
This weekend the Indy Racing League goes back into action at the Homestead-Miami Speedway in Florida. It is anticipated that once again the championship will be a fight between Team Penske, Andretti Green Racing and the Target Chip Ganassi team.
Disneyland Paris, once known as Eurodisney, is located at Marne-la-Vallee, near the town of Meaux, to the east of Paris. It attracts large numbers of tourists from all over Europe but needs to be constantly updated in order to encourage people to come back time and time again.
Bernie Ecclestone says that he would like to see the French Grand Prix moving to the region of Paris, rather than struggling on trying to survive at Magny-Cours. The timing of these relevations is no doubt significant as France heads towards a presidential election.
Jacques Regis, the president of the Federation Francaise du Sport Automobile (FFSA), has resigned from his position with immediate effect. Regis has been the man who has been fighting to save the French Grand Prix in recent years but before that was a leading critic of FIA President Max Mosley's policies in 2004.
Johnny Herbert, the former F1 driver and Le Mans 24 Hours winner, is returning to Le Mans this summer with the Prodrive-run factory Aston Martin team. Herbert will join other ex-F1 men Tomas Enge and David Brabham in the team alongside Peter Kox, Darren Turner and Rickard Rydell.
Although it is yet to be confirmed it seems that the Spanish Banco Santander will soon be named as the title sponsor of the British GP, responding no doubt to rival ING's huge investment in F1 this year.
Another storm is brewing about the Australian Grand Prix in Melbourne. The Age newspaper is reporting today that the state's Auditor-General Des Pearson will soon deliver a report about the funding of the event which warns of rising public costs and questioning claimed economic benefits.
The Australian Grand Prix can be run at night - but without the need to have lights. Australia's Motorsport News has come up with a most interesting theory about the future of the event, suggesting that the Abu Dhabi Grand Prix will take place in January 2009 and that Melbourne could happen in February.
It would have been hard to find anyone in the Formula 1 paddock on Sunday morning who truly believed anyone other than Kimi Raikkonen would win the Australian Grand Prix. There are always the odd contrary souls who prefer a little whimsy rather than the harsh reality of what is a very scientific business.
Despite much griping in the local media, which seems to have it in for the management of the Grand Prix Corporation, the Australian Grand Prix had another solid weekend in terms of crowd figures with a total of 301,000 spectators over the four days.
Anthony Davidson ended his race day in Australia in hospital with severe back pain resulting from his collision with Spyker's Adrian Sutil early in the race. In the course of the incident Anthony's Super Aguri was launched into the air and landed heavily, jarring Davidson.
Australian GP - Race Notes
There was a sizeable contingent of officials from the Singaporean government in the paddock in Melbourne although they received rather less coverage than the Minogue Sisters. Among the group was the government minister in charge of tourism and several heads of department.
McLaren driver Lewis Hamilton finished third on his Formula 1 debut in Melbourne. The 22-year-old overtook his team mate, double World Champion Fernando Alonso, at the first corner and ran second to Kimi Raikkonen for much of the race, leading when Raikkonen pitted.
Australian GP - Sunday Photos
Australian GP - Sunday Press Conference
Australian GP - Sunday Team Quotes
Australian GP - Race Incidents
Australian GP - Race Results
Felipe Massa is to change his engine before the start of the Australian Grand Prix. This means that the Ferrari driver will have to take a 10-place grid position penalty and so will start last.
Kimi Raikkonen gave notice of his intentions this year by taking pole in Melbourne by half a second. Felipe Massa in the second Ferrari had gone with a gearbox problem in the Q2 session and so the fight to be first bridesmaid went to Fernando Alonso in the McLaren.
The Spyker F1 team took the rather odd step of protesting only the Super Aguri team after qualifying on Saturday. It seems that the protest was designed to ascertain whether the FIA Stewards would be willing to make any decisions on the subject before things on to proper legal action.
Australian GP - Saturday Photos
Australian GP - Saturday Press Conference
The word in the Melbourne paddock is that Spyker has filed an official protest against Red Bull regarding the question of chassis design in 2007. We await developments.
Australian GP - Saturday Team Quotes
Australian GP - Qualifying Results
Champ Car driver Nelson Philippe was spotted in the F1 paddock in Melbourne and the whisper is that the 20-year-old Frenchman is trying to talk his way into a test drive in Formula 1 as his career in America has run out of steam because of the financial demands of the teams in the United States.
Ferrari's Kimi Raikkonen set the fastest time of the morning practice on Saturday in Melbourne, lapping the Albert Park circuit in 1m26.064s. He finished ahead of Giancarlo Fisichella's Renault, which was four-tenths adrift and then the impressive Lewis Hamilton in his McLaren,
Australian GP - Practice 3 Results
Felipe Massa topped the timesheets at the end of the first day of testing in Melbourne, beating his Ferrari team mate Kimi Raikkonen. He was a tenth clear of F1 debutant Lewis Hamilton in the McLaren.
Work at Spa is progressing at speed so as to be completed in time for the Belgian Grand Prix later this year. The work includes a large amount of earth-moving to allow for the construction of a new pit building and paddock area.
The annual Grand Prix Ball is a big event in Melbourne and this year the organisers decided to give Bernie Ecclestone a bit of a surprise and made a special presentation for Mr E, in recognition of his work in Melbourne and his 59 years in the racing business.
Australian GP - Friday Photos
Australian GP - Friday Press Conference
Australian GP - Friday Team Quotes
Australian GP - Practice 2 Results
Fernando Alonso set the fastest lap of the first practice session for the Australian Grand Prix in Melbourne, lapping the track in 1m29.214s, a time that was 1.4secs faster than Felipe Massa's Ferrari.
Australian GP - Practice 1 Results
Nick Heidfeld is going to run a BMW F1.07 around the old Nurburgring next month. The 14-mile track has not been used for Formula 1 since Niki Lauda's accident in 1976.
Mario Illien has announced that his MotoGP team will not be attending the next round of the series although engine development work will continue while the team tries to track down financial backers.
Australian GP - Thursday Press Conference
The Spyker team has announced sponsorship from two Abu Dhabi government-owned companies: Etihad Airways and Aldar.
Wolfgang Bernhard, the German automobile executive who helped to revive Chrysler five years ago, could be on his way back to the firm as a consultant to Cerberus Capital Management, a private equity group that is bidding to buy the firm.
Australian Grand Prix chairman Ron Walker has confirmed that the organisation is looking at whether or not the Australian Grand Prix could be run as a night event.
The Super Aguri F1 team had finally unveiled its new package for 2007 with the unveiling of the new SA07 in Melbourne.
The state government of South Australia has ruled out bidding against Melbourne to recapture the Australian Grand Prix. The state treasurer Kevin Foley said that there was "no chance of the government bidding for the Grand Prix" because it would "cost the state too much".
Michelin has announced that it is initiating legal proceedings against the FIA.
David Richards is the new owner of Aston Martin, along with US investor John Sinders, and Kuwaiti firms Investment Dar and Adeem Investment. The company will continue to be run by Dr Ulrich Bez but Richards will be the non-executive chairman.
The Formula 1 rules have been modified in a number of ways in the last few days without any major announcements on the subject. So, in order that fans understand what is going to be going on, here are the details of the most important of these changes.
Bahrain has finally admitted that its hoteliers are taking advantage of the Grand Prix and have tried to find ways of bringing down the costs.
There is talk of problems in Melbourne with regard to the ongoing dispute over customer cars in Formula 1 but it may be that the Australian Grand Prix weekend will be a little quieter thaan many people think.
Our spies in Australia tell us that the Australian Grand Prix will have a lot of important visitors this year with a major delegation expected from Singapore, including S Iswaran, the Minister of State for Trade and Industry, who is responsible for tourism in the country.
Forbes Magazine has just produced its annual list of the world's billionaires and it makes impressive reading, considering that there are now 891 of them (at least when one is counting with the weak US dollar).
David Richards is expected to announce in Geneva tomorrow that his bid for Aston Martin has been successful and that he is in charge of Britain's glossiest car company.
Honda Racing F1 Team has signed an agreement with British F3 champion Mike Conway. The 22-year-old will do a number of tests for the team in the course of the next year.
There has long been speculation about the fate of the first winner of the Monaco Grand Prix. "W Williams", whose real name was William Grover, went on to become a British secret agent during World War II
With just a few days remaining before the start of the new Formula 1 season in Melbourne there is a lot of talk about who thinks who is going to do well. This is a necessary evil but a dangerous game in a world where electronic stories stay forever and do not transform into chip paper as they used to do in the age of paper.
Former Formula 1 drivers Johnny Herbert, Gianni Morbidelli and Stefan Johansson will all be joining Jean Alesi at the Virginia International Raceway to test three cars which will be used in Speedcar Series in Asia and the Middle East.
Juan-Pablo Montoya won his first NASCAR race in the Busch Series event at the weekend in Mexico City. This is the second level NASCAR series but a win is nonetheless a major achievement for a rookie driver.
The word in Singapore is that there will soon be news that the island state will be included in the 2008 Formula 1 calendar, with a date either in April or August next year. There remains talk that this will be Formula 1's first night race.
This website tends not to report on testing in a blow-by-blow fashion because we do not think that it does anything but confuse by reporting on different cars setting fastest times on different days.
With the racing spotlight on A1 Grand Prix in Durban last weekend, the people in Cape Town who are trying to put together a serious bid for a Grand Prix did not want to be left out of the coverage.