OXFORD, England -- Mercedes GP has signed a long-term agreement with Malaysia's national oil company Petronas to become the title sponsor of the Formula One team.Read the complete article: Petronas to be Mercedes GP's title sponsor in F1
Financial details or the length of the deal were not disclosed in the announcement Monday.
The new Silver Arrows and Petronas branding will appear on the Mercedes car when it makes its track debut at Valencia on Feb. 1 for the first of the preseason tests.
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Monday, December 21, 2009
Petronas to be Mercedes GP's title sponsor in F1
From www.cbssports.com:
F1: SPEED Extends With Formula One
From formula-one.speedtv.com:
SPEED and Formula One Management have reached an agreement to extend a relationship that dates back to 1996...Read the complete article: F1: SPEED Extends With Formula One
Danica's NASCAR debut likely to be in Calif.
From sports.espn.go.com:
Stewart, a former IndyCar champion, is a two-time NASCAR champion, and Montoya, a former CART champion and Formula One driver, made the Chase for the Sprint Cup this past season, his third in NASCAR.Read the complete article: Danica's NASCAR debut likely to be in Calif.
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Eury said they will keep the goals modest for this season.
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Course planner says F1 deal in place for Rome GP
From www.cbssports.com:
ROME -- Italian organizers say a deal has been signed with Formula One chief Bernie Ecclestone to stage a Rome Grand Prix on the streets of Italy's capital.Read the complete article: Course planner says F1 deal in place for Rome GP
Course planner Maurizio Flammini told Sky Italia on Sunday that an agreement with Ecclestone "has already been done and signed" but did not say when the first Rome GP might be held. The 2010 F1 calendar has already been set.
City authorities have been making plans for the race for more than a year and intend to use the city streets as a course, in similar fashion as the popular races in Monaco and Valencia.
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Wednesday, December 16, 2009
Trulli, Kovalainen sign deals with Lotus for 2010
From sports.espn.go.com:
KUALA LUMPUR, Malaysia -- Jarno Trulli and Heikki Kovalainen will race for Lotus when the Malaysian-backed Formula One team returns to the starting grid next season.Read the complete article: Trulli, Kovalainen sign deals with Lotus for 2010
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The 35-year-old Trulli had been left without a team following Toyota's exit from F1 last month to cut costs and focuses on its core business.
The signing was "another milestone" for Lotus, which will be one of five new teams next season, Ahmad Shabery said.
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Virgin Racing reveals new driver, tight budget
From sports.espn.go.com:
LONDON -- Virgin Racing will operate with the lowest budget in Formula One, chairman Richard Branson said Tuesday at the official unveiling of the new team and drivers Lucas Di Grassi and Timo Glock.Read the complete article: Virgin Racing reveals new driver, tight budget
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Glock, the former Toyota driver, already had announced he was joining the team, but official confirmation of Di Grassi's F1 debut was made at the London launch.
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Renault enters partnership to remain part of F1
From sports.espn.go.com:
PARIS -- Renault is staying in Formula One racing after agreeing Wednesday to sell a "large stake" in the team to a private investment firm to keep the cars on the grid in 2010.Read the complete article: Renault enters partnership to remain part of F1
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After the proposed sale to Luxembourg-based Genii Capital, Renault said in a statement that the two companies would operate the team together. The team will still race under the Renault name, using Renault engines.
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Tuesday, December 15, 2009
Blount: Danica hype takes another step up
From sports.espn.go.com:
If Mark Martin can race successfully in Sprint Cup at 50, why can't seven-time champion Michael Schumacher come back and do it in Formula One at 41?Read the complete article: Blount: Danica hype takes another step up
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Martin finished second in the 2009 Cup standings in his return to full-time racing. That's the difference here. Martin never really retired. He drove in 24 of 36 events in 2007 and 2008.
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F1: Mosley Regrets Not Keeping Carmakers
From formula-one.speedtv.com:
Max Mosley thinks personal meetings with the bosses of BMW and Toyota could have kept them in Formula One...Read the complete article: F1: Mosley Regrets Not Keeping Carmakers
Monday, December 14, 2009
Lloyds Banking buys stake in F1's Manor GP
From sports.espn.go.com:
LONDON -- The private equity arm of Britain's Lloyds Banking Group has bought a stake in the new Manor GP Formula One team.Read the complete article: Lloyds Banking buys stake in F1's Manor GP
Lloyds TSB Development Capital says Manor GP represents an attractive investment opportunity because it is "well-placed to capitalize on the huge commercial opportunities presented by F1."
The company did not give the terms of the investment but The Financial Times reported it to be worth about $16.2 million.
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F1: British Bank Buys Stake In Manor/Virgin Team
From formula-one.speedtv.com:
As was reported in October, the British bank Lloyds plans to enter Formula One in 2010 by buying a share of the new Manor/Virgin team...Read the complete article: F1: British Bank Buys Stake In Manor/Virgin Team
Sunday, December 13, 2009
Ferrari's Massa to drive F1 car in coming days
From sports.espn.go.com:
MARANELLO, Italy -- Felipe Massa's return to racing will continue in the "next few days" when the Brazilian driver will get behind the wheel of a Formula One car, Ferrari said.Read the complete article: Ferrari's Massa to drive F1 car in coming days
Massa, who hasn't raced since sustaining life-threatening injuries in a crash at the Hungarian Grand Prix in July, will drive an F2007 model fitted with demonstration run tires.
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Massa set to drive Ferrari F1 car in comeback
From www.cbssports.com:
MARANELLO, Italy -- Felipe Massa's return to racing continued on Sunday when Ferrari said the Brazilian driver will get behind the wheel of a Formula One car in the "next few days."Read the complete article: Massa set to drive Ferrari F1 car in comeback
Massa, who hasn't raced since suffering life threatening injuries in a crash at July's Hungarian Grand Prix, will drive an F2007 model fitted with demonstration run tires.
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F1: Has Schumi Agreed To Mercedes Deal?
From formula-one.speedtv.com:
With the exception of an actual signature on the dotted line, Michael Schumacher has reportedly agreed to return to F1 with Mercedes in 2010...Read the complete article: F1: Has Schumi Agreed To Mercedes Deal?
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