Ferrari are to launch their 2010 Formula One car on Thursday, 28th January, autosport.com reports.
The team recently revealed that their new challenger will be designated the 281, and will make its track debut at the first post-testing ban running at Valencia on 1st February.
Ferrari are determined to mount a resurgence in 2010, having halted development on their frustrating 2009 car early in the season in order to pour maximum effort into this year’s machine.
They have …

Former Formula One pilot Kimi Räikkönen says winning the World Rally Championship would mean more to him than having taken the Formula 1 title, autosport.com reports.
The Finn, the 2007 F1 champion, is moving to the WRC with Citroën for 2010 after nine years in Formula One racing, and he says that a WRC crown would be a huge achievement for him.
“More than my F1 world championship title,” he said when asked what a WRC title …

Former Renault F1 team principal Flavio Briatore is free to return to Formula One after a French court overturned his lifetime ban from motorsport today, sportinglife.com reports.
The FIA handed the former Renault team principal the stringent suspension in September for his role in the crashgate scandal.
The 59-year-old Italian took his case to the Tribunal de Grande Instance in Paris claiming the FIA did not have legal grounds to issue him with a wholesale ban.
“The court …

Infamous former Renault Formula One pilot Nelson Piquet Jr will complete the driver lineup of the new Campos team in 2010, Motorsport.com reports.
The 24-year-old Brazilian’s contract is for three years, ensuring a lineup of famous surnames, after his countryman Bruno Senna also signed for 2010 with the Spanish outfit.
Piquet’s seat follows the 15% purchase of the Campos-Meta team by his namesake and father, the triple world champion of the 80s.

Seven-times Formula One world champion Michael Schumacher said that his old hunger for racing is back in comments on returning to the royal motorsport and racing for Mercedes GP next year.
“I don’t want to deny at all that the idea of a German F1 team extremely tempts me. I guess every German driver would feel this way,” Schumacher said on his official website. “Of course it plays a major role that I again can work …

Seven-times world champion Michael Schumacher signed a one-year deal to return to Formula One with Mercedes GP for the 2010 season, the Daily Telegraph reports.
Having retired in 2006, Schumacher, who turns 41 on 3rd January, will be paid seven million euros to be on the grid when the new season starts with the Bahrain Grand Prix on 14th March.
It will be 1,239 days after his last Formula One race in Sao Paulo at the Brazilian …

Tickets to the British Grand Prix at Silverstone are likely to double in price as a result of the deal the circuit agreed this month to guarantee the race a place on Formula 1’s calendar until 2026, the Daily Telegraph reports.
Silverstone agreed to pay an estimated £12 million annually to host the British GP with the fee set to escalate by five per cent per year rather than the 10 per cent which is the …

Lotus F1 principal Tony Fernandes and Virgin Racing’s owner Sir Richard Branson agreed that the principal of team that gains less points at next year’s Formula One championship will serve as a stewardess on winner’s airline.
Fernandes, the founder and CEO of AirAsia, said last week that his new Malaysian-backed team had to finish ahead of Branson’s Virgin Racing “otherwise I will retire and kill myself”, Reuters reports.
Branson replied yesterday by suggesting a less painful solution. …

Renault will race on in Formula One next years as the French car company sold most of the shares of the F1 team to Luxembourg businessman Gerard Lopez and retained only 25%.
Lopez’s Genii Capital investment company will now run the team, which will continue to race as Renault F1, the BBC reports. Lopez will own 75% of Renault’s chassis design and construction base in Enstone in Oxfordshire. Renault will retain total control over their engine …

Virgin Formula One team (formerly Manor F1) enlisted Brazilian driver, former Renault’s reservist Lucas di Grassi to compete alongside German pilot Timo Glock.
Di Grassi became Renault’s reserve driver in 2009, but will now make his F1 race debut with Virgin, the BBC reports. The 25-year-old finished runner-up to Glock in the 2007 GP2 Series, F1’s feeder competition.
Glock, who will be entering his third season in F1, signed a two-year deal to become Virgin’s lead …

Silverstone have agreed a 17-year deal to host the British Grand Prix from 2010, ensuring the prestigious race is not axed from the Formula 1 calendar, the BBC reports.
The Northamptonshire circuit stepped in to stage the event which next year takes place on 11th July after Donington Park was stripped of the rights. Today’s news ensures the oldest race on the F1 calendar retains its place.
Under the new agreement, Silverstone, which hosted this year’s British …

Renault look almost certain to sell a controlling stake in their Formula One team to David Richards, the owner of Prodrive and chairman of Aston Martin, who plans to run the outfit from Renault’s existing factory in Oxfordshire and continue to race them under the Renault banner, The Times reports.
In a move that is designed to relieve Renault of the increasingly onerous financial and management responsibility of running their own team, but also spare Formula …

Finnish former Formula One driver Kimi Räikkönen will drive a Red Bull-backed Citroën in the World Rally Championship next year, ITV reports.
The 2007 Formula 1 champion, who agreed to leave Ferrari a year early in return for a substantial payoff, has been mulling his options since talks with McLaren about a 2010 drive fell through last month and the Woking team instead signed Jenson Button.
Citroën Racing have now confirmed that Räikkönen will join their ranks …

Former world champion, Canadian Jacques Villeneuve looks set to join the new Lotus Formula One team next season with the outfit expected to announce their line-up next week, planet-f1.com reports.
38-year-old Villeneuve is currently employing a rigorous fitness program as he looks to get back into shape for a possible return to Formula One.
An announcement from Lotus with regards to their driver line-up will be made in the near future.

The Force India team are to retain Adrian Sutil and Vitantonio Liuzzi as their drivers for the 2010 season, the BBC reports.
German Sutil will be entering his fourth season with the team in F1, and Italian Liuzzi’s performances after being promoted to the race team from test driver for the last five races of last year have earned another chance.
Team owner Vijay Mallya said he hoped the stability provided by retaining his drivers would enable …

BMW have agreed to sell their Formula 1 team back to Peter Sauber, on condition that the team receive an entry for 2010, autosport.com reports.
The German car maker announced earlier this year that they were pulling out of Formula 1, but said that they had agreed a deal with Swiss company Qadbak, who was to run the team in the future. BMW said on Friday, however, that the Qadbak deal would not be completed.
Instead, the …