Auto shows tend to be a platform for glitz, glamor, stunning designs and new levels of excess, but that's all changing as carmakers struggle with the rising cost of credit that is blighting their......
Now that legendary driver Michael Schumacher has hung up his helmet after 15 seasons and 90 victories, when the 2007 season opens on Mar. 18, Formula One's millions of fans will be looking for the......
Leading carmakers will meet Formula One team bosses before the start of the season on March 6 to outline their blueprint for a 'rival' series from 2008.A spokesman for the Grand Prix World......
The head of Italian sports car maker Ferrari says the future of Formula One will be decided next year and that manufacturers could walk away if they are unhappy with any deal.Ferrari President Luca......
Formula One's shareholder banks drew first blood on Friday in a legal battle with commercial supremo Bernie Ecclestone for control of the sport. An appeal court judge dismissed an appeal on behalf......
Formula One carmakers and commercial rights holders have promised to pay teams far more money and to retain Bernie Ecclestone as ringmaster in a restructuring of the sport.A joint statement by......
World champions Ferrari abandoned plans for a rival Formula One series on Wednesday with a surprise deal to extend the sport's existing commercial agreement until 2012.FIAT-owned Ferrari are......