PARIS (Reuters) - French carmaker Renault will decide by the end of the year whether to stay in Formula One after a race-fixing scandal that has badly damaged the team's reputation. More »
PARIS (Reuters) - French carmaker Renault will decide by the end of the year whether to stay in Formula One after a race-fixing scandal that has badly damaged the team's reputation. More »
Renault have held an emergency board meeting in Paris to discuss pulling out of Formula One, on the same day as Toyota announced it was also quitting the sport, according to reports.
LONDON, Nov 4 (Reuters) - Renault have held a board meeting in Paris to discuss the future of their Formula One team, the BBC reported on Wednesday.
BEIJING (Reuters) - Swede Mattias Ekstrom beat seven times Formula One world champion Michael Schumacher to win the Race of Champions for a third time on Wednesday.
MILAN, Nov 4 (Reuters) - Pirelli has ruled out replacing Bridgestone as Formula One tyre supplier from 2011, the Italian company said on Wednesday.
By Alastair Himmer
Japanese automaker Toyota says it is pulling out of Formula One racing.
Toyota Motor was expected to announce on Wednesday it is quitting Formula One, joining an exodus of Japanese automakers from the multi-million dollar sport due to the global economic crisis.
MILAN (Reuters) - Richard Branson's Virgin Group will announce in a month whether it will sponsor Formula One world champions Brawn GP again next season or invest in a new team.
The Williams Formula One team announced on Monday that their drivers for next year will be veteran Brazilian Rubens Barrichello and German rookie Nico Hulkenberg.
The Williams Formula One team announced on Monday that their drivers for next year will be veteran Brazilian Rubens Barichello and German rookie Nico Hulkenberg.
* Bridgestone to leave Formula One after 2010
Japanese tyre maker Bridgestone Corp said it would quit Formula One next year, dealing a further blow to the sport after the recent withdrawal of other high-profile firms due to the global downturn.
Bridgestone Corp. plans to stop supplying tires for Formula One after its contract expires next season.
TOKYO (Reuters) - Bridgestone said Monday it will not renew a tyre supply contract for the Formula One World Championship series after the current deal expires at the end of the 2010 season.
Two-times world champion Spaniard Fernando Alonso said farewell to Renault with a solid if disappointing drive to 14th in Sunday's Abu Dhabi Grand Prix - and then expressed confidence in the future he faces at Ferrari.
Sebastian Vettel won the Abu Dhabi Grand Prix on Sunday, and Mark Webber hung on for second to give Red Bull a one-two finish in the final Formula One race of the season.
Business Secretary Peter Mandelson on Sunday urged motor racing chief Bernie Ecclestone to safeguard the future of the British Grand Prix, but said no state funds would be used to broker a deal.