Virgin Racing are no longer looking to really challenge any of the main teams in Formula One. Virgin are now setting their sights on a 10th place finish in the Championship.
Formula One’s rules governing prize money are complicated, but only the top 10 in the Constructors’ Championship are given a handout. If you [...]

According to reports the Russian bid to host a Grand Prix in 2014 is starting to gain momentum. It was mentioned earlier in the year that Bernie Ecclestone was keep to add Russia to the Formula One calendar.
Deputy regional development minister Yuri Reilyan has now been quoted by business newspaper Vedomosti as saying that [...]

Melbourne authorities have charge Lewis Hamilton over his burnout just before the Australian Grand Prix.
Lewis Hamilton’s Mercedes was impounded in March under Australia’s anti-hoon laws after laying down a killer burnout on the streets of Melbourne for some of his fans. Now he’s formally been charged with a crime.
Hamilton [...]

It is rumoured that the US Grand Prix could be run at Monticello Motor Club, which is just spitting distance from New York City.
Formula One’s expressed interest in adding a US track to the global series after a long absence, but recent attempts to secure one have faltered. Monticello Motor Club president [...]

Remi Taffin who is head of engine operations at Renault, says the manufacturer would be more than happy to supply more teams with engines.
Besides providing engines to its own Formula One outfit, the French manufacturer has also been supplying Red Bull Racing with power units since 2007. That could change in [...]

New Jersey revealed their plans to host a Formula 1 race, but now the city’s mayor has killed those plans, citing environmental issues. [GPUpdate]

Sauber has secured a sponsorship deal with fast food chain Burger King for the Spanish and Valencia Grands Prix.
The team has been short on sponsorship this season and had pinned its hopes on attracting Spanish investment through the signing of Pedro de la Rosa.
Those hopes appeared to have paid off with [...]

Romain Grosjean has called up last season to replace Nelson Piquet Jr at Renault, but without a drive in 2010 he has reiterated his desire to return Formula One.
Grosjean didnt do so well with his races in last season Formula One, failing to score a single World Championship point.
The Frenchman, who had hoped to continue [...]

Silverstone was within a hair’s breath of losing the British GP to Donington Park, however, the latter’s financial woes saw F1 supremo Bernie Ecclestone instead sign a new deal with Silverstone.
The Northamptonshire track has subsequently undergone several changes, including the building of a new in-field circuit, which cost £5million and will [...]

We thought we would just do a really simple post today and provide everyone with a close up of the Ferrari F10 Formula One car. Enjoy!