Archive for December, 2008

AUTO RACING HAMILTON OPPOSES F1 CHANGES – FOXSports.com

AUTO RACING HAMILTON OPPOSES F1 CHANGES – FOXSports.com
Formula One champion Lewis Hamilton is against FIA president Max Mosley’s idea of using a standardized engine for all F1 cars. Mosley has called for the introduction of a low-cost Cosworth engine from the 2010 season as part of cost-cutting measures

Motor racing reacts to worldwide recession – Huffingtonpost.com
While the White House struggles to figure out how to appear to be helping Detroit and still screw the UAW, it’s a good time to see how motor sports are reacting to the ruined world economy. No sport is more dependent on sponsor dollars than

Why Fernando Alonso Should Win F1 Racing s Man of the Year 2008 – Bleacherreport.com
Every year the magazine I subscribe to, F1 Racing, has an award ceremony. The main award up for grabs is the prestigious man of the year prize (as voted by the readers). Whilst I think these awards are a great idea, I have felt a bit cheated

Peugeot NOT Buying Honda F1 Team – PaddockTalk
Reports that the French carmaker PSA Peugeot-Citroen is seriously considering buying Honda’s formula one team have been denied. Anonymous sources had apparently told a Belgian motor racing magazine that the manufacturer, last involved in F1 as an

Champ Hamilton concerned about economy, F1, not his status in America – ESPN.com
WASHINGTON — When Lewis Hamilton arrived here Monday evening, his first request was simple — take me to the White House. The newly crowned Formula One world champion was in town paying a visit to the Fairfax, Va., headquarters of ExxonMobil

Exclusive interview with Sebastien Buemi – Formula 1

Exclusive interview with Sebastien Buemi – Formula 1
Sebastien Buemi dominated last week s test at Jerez, clinching the fastest time on all three days for Toro Rosso. It was a stellar performance, which could help secure Buemi one of the team s empty cockpits for next season. This week he s back

De la Rosa fastest again as Algarve test concludes – Formula 1
McLaren continued to dominate the timesheets as this week s test at Portugal s Algarve Motor Park concluded on Wednesday, with test driver Pedro de la Rosa outpacing the only other runner, Ferrari s Luca Badoer. With warm and sunny conditions

Playing catch-up on KERS costing Ferrari – Formula 1
Ferrari have admitted that they are still behind schedule on development of their KERS system for 2009 – and that the costs have exceeded expectations. They are currently evaluating cars both with and without the system. KERS (Kinetic Energy Recovery

De la Rosa sets pace on day two at Algarve Motor Park – Formula 1
McLaren s Pedro de Rosa led the way at this week s second day of testing at the Algarve Motor Park in Portugal. De la Rosa was the quickest of three drivers present on Tuesday, heading Ferrari s Luca Badoer and Marc Gene. Taking over from

Jerez day two – Buemi still on top form – Formula 1
Red Bull tester Sebastien Buemi maintained his position at the top of the timesheets on Tuesday, as testing continued at the Spanish circuit of Jerez. Buemi clocked a quickest lap of 1m 17.029s to finish almost three-tenths of a second ahead of team

Jerez day three – Vettel ends the year on top – Formula 1
Sebastian Vettel was fastest at Jerez on Wednesday as Red Bull and the two other teams present completed their 2008 test programmes. Vettel and Red Bull tester Sebastien Buemi worked on evaluating various mechanical set-up changes in conjunction with

Toyota field youngster Caldarelli at Bahrain test – Formula 1
Toyota have brought the curtain down on their 2008 testing programme by introducing a new face behind the wheel of the TF108. Italian youngster Andrea Caldarelli, a member of Toyota s young driver programme since 2007, enjoyed his first official

Andretti Green Racing takes place on international stage – ESPN.com

Andretti Green Racing takes place on international stage – ESPN.com
In the brutal economic environment afflicting international motorsports, most organizations are cutting back their operations. Not Andretti Green Racing. The Indianapolis-based team owned by Michael Andretti , Kim Green and Kevin Savoree is best

Why No Love for WRC? World Rally Championship Content in Need of a – Bleacherreport.com
I joined this site less than a week ago after finding it by accident. I love both sports and writing, so, liking the idea of this site, I began to look over some of the sports I love. When I got to the World Rally Championship page, though, I saw

Ferrari buck trend with Tata sponsorship – Turkishpress.com
ROME – Ferrari have bucked the global economic crisis squeezing Formula One by agreeing a sponsorship deal with carmaker Tata. “For the first time an Indian brand will appear on the Ferrari,” president Luca di Montezemolo told Italian media. “It’s

Motor racing-Honda F1 team still hopeful of finding a buyer – Reuters
LONDON, Dec 19 (Reuters) – The Honda Formula One team are continuing to develop their 2009 car in the hope of finding a buyer after the Japanese carmaker’s decision to leave the championship, said chief executive Nick Fry. “We have had a high level

The greatness of 2008 won’t be forgotten – NBC Sports
Keep up with the star U.S. skier’s updates from the slopes. The Cubs were the NL favorites, and if they had won, there d be no question about 2008 being not just the greatest sports year we ve ever seen, but without question the greatest we would

Bleacher Report F1 World Championship Round I: Scuderia Toro Rosso – Bleacherreport.com
Bleacher Report F1 World Championship Round III: Three Way Battle for Domination Bleacher Report F1 World Championship Round I: Scuderia Toro Rosso Rules the Day The Formula One Times: 3rd December: Germany To Leave F1 Calendar? Sebastien Vettel

Fitch Affirms Memorial Health Services, California at ‘A+’; Outlook – Earthtimes
SAN FRANCISCO – (Business Wire) Fitch Ratings, as part of its ongoing surveillance efforts, has affirmed its ‘A+’ rating on Memorial Health Services’ (Memorial) approximately $354 million of outstanding revenue bonds. In addition, Fitch affirms its

Motor racing-Honda F1 team still hopeful of finding a buyer – Reuters

Motor racing-Honda F1 team still hopeful of finding a buyer – Reuters
LONDON, Dec 19 (Reuters) – The Honda Formula One team are continuing to develop their 2009 car in the hope of finding a buyer after the Japanese carmaker’s decision to leave the championship, said chief executive Nick Fry. “We have had a high level

Fitch Rates Alaska Int’l Airport Sys (AK) VRDBs, Ser 09A ‘AA+/F1 – Businesswire.com
NEW YORK–( BUSINESS WIRE )–Fitch Ratings has assigned an ‘AA+/F1+’ rating to the $50,000,000 State of Alaska, Alaska International Airport System variable rate demand revenue refunding bonds (VRDBs), series 2009A (AMT)(the bonds). In addition

Fitch Affirms Memorial Health Services, California at ‘A+’; Outlook – Earthtimes
SAN FRANCISCO – (Business Wire) Fitch Ratings, as part of its ongoing surveillance efforts, has affirmed its ‘A+’ rating on Memorial Health Services’ (Memorial) approximately $354 million of outstanding revenue bonds. In addition, Fitch affirms its

Fitch Rates Northern Arizona Healthcare System’s (AZ) $52.795MM 2008B – Earthtimes
NEW YORK – (Business Wire) Fitch Ratings assigns a rating of ‘AA-/F1+’ to the $52,795,000 Industrial Development Authority of the County of Yavapai hospital revenue bonds (Northern Arizona Healthcare System), series 2008B (the bonds). The rating is

Why No Love for WRC? World Rally Championship Content in Need of a – Bleacherreport.com
I joined this site less than a week ago after finding it by accident. I love both sports and writing, so, liking the idea of this site, I began to look over some of the sports I love. When I got to the World Rally Championship page, though, I saw

Fitch Affirms Pfizer, Inc.’s IDR at ‘AA+/F1+’; Outlook Negative – PR Inside
–Bank loan rating at ‘AA+’. The ratings apply to approximately $16.3 billion of debt. The Rating Outlook remains Negative. Pfizer has been successful at mitigating the effects of the patent expiry of three of its six top-selling pharmaceuticals

White-Racism Exposed By Black NASCAR Official! – Bleacherreport.com

White-Racism Exposed By Black NASCAR Official! – Bleacherreport.com
I’m compelled to assume that the NASCAR circuit is ostensibly happy to announce, that a settlement has been reached in the $225-Million racial discrimination claim by an African American NASCAR component. taking a stand * to protect their Equal

Why Fernando Alonso Should Win F1 Racing s Man of the Year 2008 – Bleacherreport.com
Every year the magazine I subscribe to, F1 Racing, has an award ceremony. The main award up for grabs is the prestigious man of the year prize (as voted by the readers). Whilst I think these awards are a great idea, I have felt a bit cheated

Ferrari buck trend with Tata sponsorship – Turkishpress.com
ROME – Ferrari have bucked the global economic crisis squeezing Formula One by agreeing a sponsorship deal with carmaker Tata. “For the first time an Indian brand will appear on the Ferrari,” president Luca di Montezemolo told Italian media. “It’s

Citroen and Peugeot not planning F1 – GrandPrix.com
Sources at PSA Peugeot Citroen say that rumours suggesting that the French company might buy the assets of Honda Racing F1 are not going to become a reality. The company was involved in F1 between 1994 and 2000 as an engine supplier with McLaren

South Africa aiming to lure F1 back – Autosport.com

South Africa aiming to lure F1 back – Autosport.com
South Africa has moved a step forward in its attempts to lure Formula One back after the official confirmation that a new company has been formed to bring top class events to Kyalami. The Guateng Motorsport Company was launched at Kyalami today, with

Champ Hamilton concerned about economy, F1, not his status in America – ESPN.com
WASHINGTON — When Lewis Hamilton arrived here Monday evening, his first request was simple — take me to the White House. The newly crowned Formula One world champion was in town paying a visit to the Fairfax, Va., headquarters of ExxonMobil

Indian outsourcer Tata to sponsor Ferrari – Computerworld Australia
India’s largest outsourcer Tata Consultancy Services (TCS) said on Thursday that the Tata logo will be displayed on the Ferrari F1 car for the 2009 Formula One season. TCS said Thursday the company had entered into an agreement with Ferrari for an

Bolt named athlete of the year by French sports daily – CNN Sports Illustrated
PARIS (AP) — Jamaican sprinter Usain Bolt was honored Wednesday as French sports daily L’Equipe’s athlete of the year, beating out U.S. swimmer Michael Phelps and Spanish tennis star Rafael Nadal. Bolt, who won gold medals in the 100 and 200 meters

Fitch to Upgrade Charlotte, North Carolina’s Water & Sewer Revs 2006B – PR Inside
Fitch Ratings confirms the ‘AAA’ long-term rating and effective Dec. 30, 2008, will upgrade the short-term rating to ‘F1+’ from ‘F1′ on the $289,795,000 City of Charlotte, North Carolina, variable rate water and sewer system revenue bonds, series

Fitch Rates New York Community Bancorp’s FDIC Guaranteed Debt ‘AAA/F1 – PR Inside
–Short-term FDIC guaranteed debt ‘F1+’. Outstanding debt issued by NYB or its subsidiaries or debt issued outside the TLGP will continue to bear the relevant ratings currently assigned by Fitch. Fitch’s rating definitions and the terms of use of

Fitch Rates New York Community Bancorp’s FDIC Guaranteed Debt ‘AAA/F1 – PR Inside
–Short-term FDIC guaranteed debt ‘F1+’. Outstanding debt issued by NYB or its subsidiaries or debt issued outside the TLGP will continue to bear the relevant ratings currently assigned by Fitch. Fitch’s rating definitions and the terms of use of

F1 champ criticizes proposal – Raleigh News & Observer
Story Tools LONDON – Formula One world champion Lewis Hamilton is against FIA president Max Mosley’s idea of using a standardized engine for all F1 cars. Mosley has called for the introduction of a low-cost Cosworth engine for the 2010 season as part

UFC’s Michael Bisping voted ‘Britain’s Coolest Man’ – Newstrack India
London, Dec 19 (ANI): Michael Bisping, an Ultimate Fighting Championship (UFC) fighter, has crushed rivals such as Daniel Craig, David Beckham and Lewis Hamilton to be named ‘Coolest British Man of the Year’. The champion cage fighter came out top in

Champ Hamilton concerned about economy, F1, not his status in America – ESPN.com
WASHINGTON — When Lewis Hamilton arrived here Monday evening, his first request was simple — take me to the White House. The newly crowned Formula One world champion was in town paying a visit to the Fairfax, Va., headquarters of ExxonMobil

De la Rosa sets pace on day two at Algarve Motor Park – Formula 1

De la Rosa sets pace on day two at Algarve Motor Park – Formula 1
McLaren s Pedro de Rosa led the way at this week s second day of testing at the Algarve Motor Park in Portugal. De la Rosa was the quickest of three drivers present on Tuesday, heading Ferrari s Luca Badoer and Marc Gene. Taking over from

Exclusive Nakajima Q&A: the next logical step is a podium – Formula 1
With testing to be banned during the season, teams are under pressure to get their 2009 preparations right over the winter. This week at Jerez Williams ran a hybrid version of the FW30, complete with some 09-spec parts, and driver Kazuki Nakajima

De la Rosa fastest again as Algarve test concludes – Formula 1
McLaren continued to dominate the timesheets as this week s test at Portugal s Algarve Motor Park concluded on Wednesday, with test driver Pedro de la Rosa outpacing the only other runner, Ferrari s Luca Badoer. With warm and sunny conditions

Formula 1 – formula1.com/news/
Check out the latest news from Formula One’s teams and drivers, and take a look at the results from recent races. Includes links and games.

Playing catch-up on KERS costing Ferrari – Formula 1
Ferrari have admitted that they are still behind schedule on development of their KERS system for 2009 – and that the costs have exceeded expectations. They are currently evaluating cars both with and without the system. KERS (Kinetic Energy Recovery

Exclusive Kubica Q&A: I want the best car – with or without KERS – Formula 1
Beauty is in the eye of the beholder – or in the case of a Formula One car, in its pace. The wide 2009-spec front wing of BMW Sauber s F1.08B certainly caused a few raised eyebrows when it made its debut recently. More puzzling to Robert Kubica

Hamilton and Ferrari collect their trophies at FIA Gala – Formula 1
Friday s star-studded FIA Gala in Monaco capped another memorable Formula One season. It was not going to be easy to surpass last year’s excitement, with a three-way title showdown at the final race, but that is exactly what happened with McLaren

Vettel and Schumacher win ROC Nations Cup – Formula 1
Team Germany – comprising Sebastian Vettel and Michael Schumacher – retained their title in the Race Of Champions (ROC) Nations Cup at London s Wembley Stadium on Sunday. In the main event, former Red Bull racer David Coulthard narrowly lost out to

Jerez day three – Vettel ends the year on top – Formula 1
Sebastian Vettel was fastest at Jerez on Wednesday as Red Bull and the two other teams present completed their 2008 test programmes. Vettel and Red Bull tester Sebastien Buemi worked on evaluating various mechanical set-up changes in conjunction with

Jerez day two – Buemi still on top form – Formula 1
Red Bull tester Sebastien Buemi maintained his position at the top of the timesheets on Tuesday, as testing continued at the Spanish circuit of Jerez. Buemi clocked a quickest lap of 1m 17.029s to finish almost three-tenths of a second ahead of team

De la Rosa sets pace on day two at Algarve Motor Park – Formula 1

De la Rosa sets pace on day two at Algarve Motor Park – Formula 1
McLaren s Pedro de Rosa led the way at this week s second day of testing at the Algarve Motor Park in Portugal. De la Rosa was the quickest of three drivers present on Tuesday, heading Ferrari s Luca Badoer and Marc Gene. Taking over from

De la Rosa fastest again as Algarve test concludes – Formula 1
McLaren continued to dominate the timesheets as this week s test at Portugal s Algarve Motor Park concluded on Wednesday, with test driver Pedro de la Rosa outpacing the only other runner, Ferrari s Luca Badoer. With warm and sunny conditions

Hamilton and Ferrari collect their trophies at FIA Gala – Formula 1
Friday s star-studded FIA Gala in Monaco capped another memorable Formula One season. It was not going to be easy to surpass last year’s excitement, with a three-way title showdown at the final race, but that is exactly what happened with McLaren

Exclusive Kubica Q&A: I want the best car – with or without KERS – Formula 1
Beauty is in the eye of the beholder – or in the case of a Formula One car, in its pace. The wide 2009-spec front wing of BMW Sauber s F1.08B certainly caused a few raised eyebrows when it made its debut recently. More puzzling to Robert Kubica

Vettel and Schumacher win ROC Nations Cup – Formula 1
Team Germany – comprising Sebastian Vettel and Michael Schumacher – retained their title in the Race Of Champions (ROC) Nations Cup at London s Wembley Stadium on Sunday. In the main event, former Red Bull racer David Coulthard narrowly lost out to

Jerez day three – Vettel ends the year on top – Formula 1
Sebastian Vettel was fastest at Jerez on Wednesday as Red Bull and the two other teams present completed their 2008 test programmes. Vettel and Red Bull tester Sebastien Buemi worked on evaluating various mechanical set-up changes in conjunction with

Why Fernando Alonso Should Win F1 Racing s Man of the Year 2008 – Bleacherreport.com

Why Fernando Alonso Should Win F1 Racing s Man of the Year 2008 – Bleacherreport.com
Every year the magazine I subscribe to, F1 Racing, has an award ceremony. The main award up for grabs is the prestigious man of the year prize (as voted by the readers). Whilst I think these awards are a great idea, I have felt a bit cheated

Champ Hamilton concerned about economy, F1, not his status in America – ESPN.com
WASHINGTON — When Lewis Hamilton arrived here Monday evening, his first request was simple — take me to the White House. The newly crowned Formula One world champion was in town paying a visit to the Fairfax, Va., headquarters of ExxonMobil

Motor racing reacts to worldwide recession – Huffingtonpost.com
While the White House struggles to figure out how to appear to be helping Detroit and still screw the UAW, it’s a good time to see how motor sports are reacting to the ruined world economy. No sport is more dependent on sponsor dollars than

AUTO RACING HAMILTON OPPOSES F1 CHANGES – FOXSports.com
Formula One champion Lewis Hamilton is against FIA president Max Mosley’s idea of using a standardized engine for all F1 cars. Mosley has called for the introduction of a low-cost Cosworth engine from the 2010 season as part of cost-cutting measures

Jerez day two – Buemi still on top form – Formula 1

Jerez day two – Buemi still on top form – Formula 1
Red Bull tester Sebastien Buemi maintained his position at the top of the timesheets on Tuesday, as testing continued at the Spanish circuit of Jerez. Buemi clocked a quickest lap of 1m 17.029s to finish almost three-tenths of a second ahead of team

Force India retain Fisichella and Sutil for 2009 – Formula 1
Force India have confirmed an unchanged driver line-up for the 2009 season. Giancarlo Fisichella and Adrian Sutil will continue as race drivers, with Vitantonio Liuzzi also retained as the team s official test and reserve driver. The announcement

Vettel and Schumacher win ROC Nations Cup – Formula 1
Team Germany – comprising Sebastian Vettel and Michael Schumacher – retained their title in the Race Of Champions (ROC) Nations Cup at London s Wembley Stadium on Sunday. In the main event, former Red Bull racer David Coulthard narrowly lost out to

Exclusive Kubica Q&A: I want the best car – with or without KERS – Formula 1
Beauty is in the eye of the beholder – or in the case of a Formula One car, in its pace. The wide 2009-spec front wing of BMW Sauber s F1.08B certainly caused a few raised eyebrows when it made its debut recently. More puzzling to Robert Kubica

First Formula One test underway at Algarve Motor Park – Formula 1
The first Formula One test at Portugal s Algarve Motor Park begins on Monday as Ferrari and McLaren start a three-day session at the new circuit. Testing is also going on simultaneously in Spain and Bahrain. The 4.7-kilometre Algarve track, which

Gulf Arabs doing utmost for F1 – Straits Times

Gulf Arabs doing utmost for F1 – Straits Times
DUBAI – THE oil-exporting Gulf Arab region cannot do more than it is doing already to support Formula One, a leading member of the sport’s governing body said on Wednesday. ‘The contribution is massive already,’ said International Automobile

Breeders’ Cup reverses decision to cut purses – PR Inside
LEXINGTON, Kentucky (AP) – The Breeders’ Cup reversed its decision to cut funding for stakes races as a cost-saving move. Complaints from the breeding industry about the loss of funding prompted the Breeders’ Cup organization to announce the change

Honda’s F1 team has three potential buyers, boss says – ThatsRacin.com

Honda’s F1 team has three potential buyers, boss says – ThatsRacin.com
LONDON — The boss of Honda Racing F1 Team said Friday that three parties have expressed an interest in taking over the team from Honda Motor Co. following the Japanese company’s decision to withdraw from F1 racing. Nick Fry, the team’s chief

ROUGH ROAD AHEAD – Deccan Herald
A week is a long time in the high-octane world of Formula One racing. At least it is when there’s a recession on. Last Wednesday, Ron Dennis, the boss of the McLaren F1 team, known within the sport as ‘Formula One’s kingmaker’, confidently told The

UPDATE 2-Motor racing-F1 steers towards more frugal future – Reuters
MONACO, Dec 12 (Reuters) – Formula One teams will cut their costs by almost a third next year under a package of measures approved on Friday to secure the sport’s future in the face of the global credit crunch. The governing International Automobile

Economic crisis hits auto racing – Autoweek.com
Shattered dreams: Honda’s F1 cars have run without signifcant sponsorship on their way to dismal results, likely making the decision to quit the sport that much easier. The global economic crisis hit racing hard on Dec. 5, as Honda and Audi dropped

Mother’s pride over cyclist Hoy’s award and becoming a granny – Scotsman
s beat Formula One world champion Lewis Hamilton to the top prize. Instead, they headed back to Edinburgh on the train, just in time to catch the awards ceremony on TV at home in Murrayfield and to stir up a little last-minute support for her son

F1 teams fail payment test – Financial Times

F1 teams fail payment test – Financial Times
The nine remaining teams in Formula One motor racing have been dealt a fresh blow after last week s sudden announcement that Honda, the Japanese car manufacturer, will be pulling out of the sport. A new study by the German division of Dun

Buemi fastest at Jerez, de la Rosa quick in Portimao – Motorsport.com
For sure, Sebastien Buemi is a talent. The Swiss newcomer to Formula One proved as much yet again by topping timesheets for the fifth consecutive test day at Jerez de la Frontera, Spain. Buemi toured the 2.75-mile track in 1 minute, 17.029 seconds

Williams favours salary caps for F1 – Duemotori.com
Williams, the only team not backed by a car manufacturer or a billionaire individual, is in favour of imposing salary caps in formula one. The co-owner and boss of the Oxfordshire based squad, while happy with the newly announced cost cutting

Hamilton concerned over standardized F1 engines – Boston Globe
LONDON Formula One world champion Lewis Hamilton is against FIA president Max Mosley’s idea of using a standardized engine for all F1 cars. Mosley has called for the introduction of a low-cost Cosworth engine from the 2010 season as part of cost

Buemi fastest at Jerez, de la Rosa quick in Portimao – Motorsport.com

Buemi fastest at Jerez, de la Rosa quick in Portimao – Motorsport.com
For sure, Sebastien Buemi is a talent. The Swiss newcomer to Formula One proved as much yet again by topping timesheets for the fifth consecutive test day at Jerez de la Frontera, Spain. Buemi toured the 2.75-mile track in 1 minute, 17.029 seconds

Jerez day one – Buemi fastest for Red Bull – Formula 1

Jerez day one – Buemi fastest for Red Bull – Formula 1
After recent appearances for Toro Rosso, tester Sebastien Buemi was back in action for Red Bull on Monday as this week s three-day session got underway at Jerez. Buemi clocked the quickest time, a 1m 17.704s, as he ran alongside New Zealander

Medal rush: Q&A with Bernie Ecclestone – Formula 1
Bernie Ecclestone: My idea is that instead of points we should award medals to the drivers finishing first to third in a race, gold for the winner, silver for the second placed driver and bronze for the driver who comes third. Q: So how will the

Vettel and Schumacher win ROC Nations Cup – Formula 1
Team Germany – comprising Sebastian Vettel and Michael Schumacher – retained their title in the Race Of Champions (ROC) Nations Cup at London s Wembley Stadium on Sunday. In the main event, former Red Bull racer David Coulthard narrowly lost out to

F1 is what Williams do – Exclusive Q&A with Adam Parr – Formula 1
In the current economic climate, Williams have one big advantage. When their cooperation with BMW ended a few years back they went through a reprivatisation process and quickly learnt how to attract sufficient finance to fund their entire

Force India retain Fisichella and Sutil for 2009 – Formula 1
Force India have confirmed an unchanged driver line-up for the 2009 season. Giancarlo Fisichella and Adrian Sutil will continue as race drivers, with Vitantonio Liuzzi also retained as the team s official test and reserve driver. The announcement

FIA confirms radical cost-cutting plans – Formula 1
Following Friday s meeting of its World Motor Sport Council in Monaco, the FIA has confirmed details of the cost-cutting measures agreed with the teams for 2009 and beyond. Changes for next season – expected to save teams at least 30 percent on

Exclusive interview with Sebastien Buemi – Formula 1
Sebastien Buemi dominated last week s test at Jerez, clinching the fastest time on all three days for Toro Rosso. It was a stellar performance, which could help secure Buemi one of the team s empty cockpits for next season. This week he s back

Fitch Affirms Vanderbilt University’s (Tennessee) Short-Term Rating at – Earthtimes

Fitch Affirms Vanderbilt University’s (Tennessee) Short-Term Rating at – Earthtimes
NEW YORK – (Business Wire) Fitch Ratings affirms the short-term ‘F1+’ rating on Vanderbilt University’s (Vanderbilt, or the university) $675 million commercial paper (CP) program. Fitch also affirms the short-term ‘F1+’ rating on the university’s

Joy for Hoy as he wins BBC award – Gulf Times
LONDON: British Olympic track cycling star Chris Hoy was crowned the BBC Sports Personality of the Year for 2008 at an awards ceremony in Liverpool on Sunday after topping a viewers poll. The 32-year-old Scot won three golds – in the sprint, team

Portimao: Ferrari Formula 1 Test Recap – F1 Debut At Circuit – PaddockTalk
Weather: air temperature 11/15 C, track temperature 14/17 C. Sunny, very windy. Formula 1 and Scuderia Ferrari Marlboro both made their official debut today at the Autodromo Internacional do Algarve, the new circuit near Portim o, in southern

Force India confirm drivers – espnstar.com
Force India have re-affirmed that Giancarlo Fisichella and Adrian Sutil will be their drivers for 2009. The pair were confirmed in October but a new technical deal between Force India and McLaren Mercedes led to speculation of a change, with the

Fitch to Upgrade $100MM City of New York (NY) GO Bonds, Fiscal 2008 – PR Inside
Fitch Ratings will upgrade the ‘AA-/F1′ rating currently assigned to the $100,000,000 The City of New York’s (the City) general obligation (GO) bonds, fiscal 2008 series L, adjustable rate bonds, subseries L-4, to ‘AA+/F1+’ effective Dec. 18, 2008

ROUGH ROAD AHEAD – Deccan Herald

ROUGH ROAD AHEAD – Deccan Herald
A week is a long time in the high-octane world of Formula One racing. At least it is when there’s a recession on. Last Wednesday, Ron Dennis, the boss of the McLaren F1 team, known within the sport as ‘Formula One’s kingmaker’, confidently told The

Time is ripe for zero emissions racing – Financial Times
From Prof Marco Cantamessa . Sir, Lex ( Formula One in the pits , December 7) rightfully notes that F1 racing is becoming excessively expensive for carmakers. A high marginal cost for technical improvement is normal, given that F1 focuses on a

Formula 1 In Panic But Do They Miss Something ? – Bleacherreport.com
Honda Racing F1 team left the F1 last week.We know how the public reacts after the pull out.Also FIA’s rubbish engine tender won by Cosworth and FIA gives two choice to FOTA about 2010 Engine Rules. But I want to look the change of F1 in the eyes of

UPDATE 2-Motor racing-F1 steers towards more frugal future – Reuters
MONACO, Dec 12 (Reuters) – Formula One teams will cut their costs by almost a third next year under a package of measures approved on Friday to secure the sport’s future in the face of the global credit crunch. The governing International Automobile

Renault F1 adopts Green IT for cost savings – ITBusiness.ca
Fernando Alonso s engines roared as he crossed the finish line at the Brazilian Grand Prix, the result of strategic pit stops and skilled driving resulting in a second place finish for his Renault team at that moment, the notion that the 20

Economic crisis hits auto racing – Autoweek.com
Shattered dreams: Honda’s F1 cars have run without signifcant sponsorship on their way to dismal results, likely making the decision to quit the sport that much easier. The global economic crisis hit racing hard on Dec. 5, as Honda and Audi dropped

Force India confirm drivers – espnstar.com
Force India have re-affirmed that Giancarlo Fisichella and Adrian Sutil will be their drivers for 2009. The pair were confirmed in October but a new technical deal between Force India and McLaren Mercedes led to speculation of a change, with the

Honda’s F1 team has three potential buyers, boss says – ThatsRacin.com
LONDON — The boss of Honda Racing F1 Team said Friday that three parties have expressed an interest in taking over the team from Honda Motor Co. following the Japanese company’s decision to withdraw from F1 racing. Nick Fry, the team’s chief

Honda done with F1 Racing and reallocating funds to ECO car – Crunchgear.com

Honda done with F1 Racing and reallocating funds to ECO car – Crunchgear.com
There was a time when winning races on Sunday meant sales on Monday, but the general populous might have moved from that mentality as the race cars drifted farther from production models. Honda is the latest in a long line of car manufacturers to

Has Mallya retained Fisichella and Sutil? – Daily News and Analysis
MUMBAI: Has Vijay Mallya decided on his drivers for the Force India Cars next year? One is not yet sure but reports from Milan suggest that the team has retained its drivers who raced this year. A Reuters report has said that Italian Giancarlo

The Gladiator Theroy Might Work For Formula One – Bleacherreport.com
Countdown to F1 2009: Issue Five Is Dale Earnheart, Jr. Becoming Another Kyle Petty? Economic Downturn to Make NASCAR Better? Daytona Prototypes: Hideous Abominations or Historical Throwbacks? The Gladiator Theroy Might Work For Formula One The NBA

Time is ripe for zero emissions racing – Financial Times
From Prof Marco Cantamessa . Sir, Lex ( Formula One in the pits , December 7) rightfully notes that F1 racing is becoming excessively expensive for carmakers. A high marginal cost for technical improvement is normal, given that F1 focuses on a

Media slam Honda over F1 withdrawal – Planet F1
Cash-strapped Honda has come under heavy criticism from Japanese newspaper over their decision to pull out of Formula One. The Japanese manufacturer shocked the F1 world on Friday when it announced that it could no longer afford to fund the Honda F1

Honda’s F1 team has three potential buyers, boss says – ThatsRacin.com
LONDON — The boss of Honda Racing F1 Team said Friday that three parties have expressed an interest in taking over the team from Honda Motor Co. following the Japanese company’s decision to withdraw from F1 racing. Nick Fry, the team’s chief

Formula 1 – formula1.com/news/

Formula 1 – formula1.com/news/
Check out the latest news from Formula One’s teams and drivers, and take a look at the results from recent races. Includes links and games.

Medal rush: Q&A with Bernie Ecclestone – Formula 1
Bernie Ecclestone: My idea is that instead of points we should award medals to the drivers finishing first to third in a race, gold for the winner, silver for the second placed driver and bronze for the driver who comes third. Q: So how will the

Formula One teams pledge major cost cuts, changes – Autoweek.com

Formula One teams pledge major cost cuts, changes – Autoweek.com
The FIA World Motor Sport Council will meet Friday, Dec. 12, to discuss a raft of changes and cost-cutting measures to Formula One, and early indications say that the sport is set for a major overhaul in the coming seasons. FIA president Max Mosley

Honda done with F1 Racing and reallocating funds to ECO car – Crunchgear.com

Honda done with F1 Racing and reallocating funds to ECO car – Crunchgear.com
There was a time when winning races on Sunday meant sales on Monday, but the general populous might have moved from that mentality as the race cars drifted farther from production models. Honda is the latest in a long line of car manufacturers to

Time is ripe for zero emissions racing – Financial Times
From Prof Marco Cantamessa . Sir, Lex ( Formula One in the pits , December 7) rightfully notes that F1 racing is becoming excessively expensive for carmakers. A high marginal cost for technical improvement is normal, given that F1 focuses on a

AUTO RACING HAMILTON OPPOSES F1 CHANGES – FOXSports.com
Formula One champion Lewis Hamilton is against FIA president Max Mosley’s idea of using a standardized engine for all F1 cars. Mosley has called for the introduction of a low-cost Cosworth engine from the 2010 season as part of cost-cutting measures

Economic crisis hits auto racing – Autoweek.com

Economic crisis hits auto racing – Autoweek.com
Shattered dreams: Honda’s F1 cars have run without signifcant sponsorship on their way to dismal results, likely making the decision to quit the sport that much easier. The global economic crisis hit racing hard on Dec. 5, as Honda and Audi dropped

Qatar s world champ Price retires from Grand Prix of Sharjah – Gulf Times

Qatar s world champ Price retires from Grand Prix of Sharjah – Gulf Times
The 2008 UIM F1 World Champion Jay Price retired from fourth position in the Grand Prix of Sharjah on lap 22 SHARJAH (UAE): The Qatar Team s newly-crowned UIM F1 World Champion Jay Price was forced out of fourth position in the ninth Grand Prix of

FIA council rules to slash F1 costs – Motorsport.com
The World Motor Sport Council of the International Automobile Federation (FIA) on Friday acted to drive down Formula One’s 2009 racing costs. Rules adopted by the sport-governing body affect engines, testing, aerodynamic research, factory activity

Formula One Implements Cost-Cutting Plans – WPXI
PARIS — In light of the global financial crisis, the governing body of Formula One racing has announced a series of cost-cutting measures for the sport. Among the changes, longer-lasting engines and limits on testing. Each driver will now be limited

Teams meet with FIA in Monte Carlo – Formula 1

Teams meet with FIA in Monte Carlo – Formula 1
Team representatives will meet with Formula One racing s governing body, the FIA, on Wednesday afternoon to analyse proposals put forward by the teams to reduce the costs of competing in the sport. The proposals, agreed by the teams at a meeting of

2009 testing to resume at Jerez on Tuesday – Formula 1
Formula One cars return to the track this week as pre-season testing recommences in Spain and Bahrain. With the first race of 2009 little more than three months away, development work will continue in earnest at the Jerez and Sakhir circuits. Most

Jerez day one – Buemi heads Toro Rosso one-two – Formula 1
Sebastien Buemi led the times in testing at Jerez on Tuesday as six teams began a three-day session at the Spanish circuit. Buemi, who hopes to land a Toro Rosso race seat for 2009, was half a second quicker than Sebastien Bourdais, who in turn is

Two awards in two days for Hamilton – Formula 1
Formula One world champion Lewis Hamilton has been picking up even more silverware over the weekend to add to his ever-expanding trophy cabinet. On Sunday Hamilton scooped the International Racing Driver of the Year prize at the prestigious Autosport

Cosworth win FIA standard engine tender – Formula 1

Cosworth win FIA standard engine tender – Formula 1
The legendary Cosworth name could return to Formula One racing in 2010 if the FIA pushes ahead with plans to introduce standardised engines, one of three options being offered to the teams should they fail to come up with their own viable cost

Exclusive Jarno Trulli Q&A: 2009 a huge opportunity – Formula 1
The season was respectable, so was the vintage. In fact Jarno Trulli can look back at a pretty successful 2008, both on the track and in his vineyards. And with next year s rule changes set to shake things up, the Italian believes Toyota are well