Bugatti Veyron with F1 number plate could be perfect car for Jenson Button

Soft White Bugatti Veyron, complete with F1 number plate, will be one of the star attractions at this year’s MPH Show featuring Top Gear Live at London’s Earls Court between 5-8 November.

If ever the phrase ‘if you need to ask the price, you can’t afford it’ was appropriate it’s now. But at the right price the car could be up for sale, according to its owner Afzal Kahn(owner of tuning company Kahn Project).

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Two more to the grid: Renault and Williams

This morning at the Algarve circuit in Portugal Renault F1 and Williams F1 both revealed their new cars for the upcoming Formula One season. These debuts kick off a week of testing at the Portuguese circuit. Both cars look different than last year due to the major rule changes implemented in the sport this year.

Williams is running an interim livery, while Renault’s new livery includes new sponsor Total, supplier of fuels to the French team.

Continue to read: Two more to the grid: Renault and Williams

Another day, another F1 debut: the McLaren MP4-24

Continuing what Ferrari began on Monday, followed by Toyota on Thursday, McLaren introduced the public to its new F1 car, the MP4-24. McLaren will again have reigning world champ Lewis Hamilton and Heikki Kovalainen piloting their cars this year. The car continues with its chrome, red and black livery from previous seasons. McLaren say they are targeting both championships this year, not having won the Constructor’s trophy since 1998.

Continue to read: Another day, another F1 debut: the McLaren MP4-24

Toyota debuts its F1 contender

Toyota F1 unveiled it new Formula One car in an online presentation, named the TF109. The car is a departure from last years car, due to the new FIA regulations for the sport. Similar to Ferrari’s F60, the car sports a new wider front wing, a narrower and taller rear wing, and is devoid of aerodynamic add-ons on the body.

Toyota will continue with drivers Jarno Trulli and Timo Glock for the 2009 season, with GP2 driver Kamui Kobayashi as the third driver.

Continue to read: Toyota debuts its F1 contender

Ross Brawn confirms Ferrari engine supply

More Formula One news ahead of next weeks car debuts. Ross Brawn, team principal of the currently in-limbo Honda F1 team, has revealed that he has been in touch with former bosses at Ferrari to supply the team with customer engines should a buyer be found for the embattled team.

Ferrari has in the past supplied two teams with engines, Scuderia Toro Rosso and Force India F1. However, Force India is switching to Mercedes power plants for the coming season, which leaves a spot open for the
ex-Honda powered cars.

Continue to read: Ross Brawn confirms Ferrari engine supply

Ferrari to unveil ‘09 contender next week

While earlier reports said that Ferrari would debut their car on 15 January (including myself), Ferrari has stated that on Monday the 12th, the Scuderia will be revealing their contender for the 2009 F1 season, albeit, not in race-legal trim, at their Maranello headquarters.
So its kind of a debut, but not really, because the car isn’t exactly according to specifications. Huh? Later in the day, Felipe Massa will put the car through its paces for the first time at Fiorano, the marque’s private testing facility.

Continue to read: Ferrari to unveil ‘09 contender next week

Alonso rumored to have secret deal with Ferrari

La Gazzetta dello Sport is reporting that double World Champion Fernando Alonso has already signed a deal to drive with Scuderia Ferrari Marlboro.

The deal is rumored to begin in the 2011 season, coincidentally or not, when current Ferrari drivers’ contracts expire. The contract, reportedly, could begin sooner should Kimi Raikkonen not improve from last seasons slump.

Alonso is not one to mince words, and has never denied his desire to drive the red car. Ferrari president Luca di Montezemolo has also expressed his admiration for the Spaniard, so it seems more likely than not that this will eventually happen.

Continue to read: Alonso rumored to have secret deal with Ferrari

Carlos Slim not buying the Honda F1 Team!?

Yesterday and today most of the news sites around the world(including us) reported that Mexican billionaire Carlos Slim has bought the Honda F1 Team.

Just few hours ago AFP news agency reported that there is no such deal and negotiations on this matter between the Honda F1 Team and Carlos Slim. No additional details were given. Was Italian La Stampa playing with the press(including mighty CNN and small sites like us) or perhaps the deal could not be finished for some strange reason? Stay tuned, as we are sure that Monday morning will bring more information.

Via: mtv3.fi

Honda F1 Team sold to world’s second richest man

Beginning of the month Honda announced their withdrawal from all Formula One activities making 2008 their last season. Soon it was clear there will be different parties interested in the team and their know-how.

Main talk was around Force India owner Vijay Mallya and Prodrive. Due to bad financial situation in the world nothing was too sure and the teams future was not clear.

Now according to Italian newspaper La Stampa Honda F1 Team has been saved by Mexican billionaire Carlos Slim.

Continue to read: Honda F1 Team sold to world’s second richest man

Ferrari will be first to debut 2009 F1 contender

According to the Italian publication La Gazzetta dello Sport, Ferrari looks to be the first Formula One team to debut their 2009 contender, more than likely called the F2009. With radical design changes in store, Ferrari’s ‘09 contender will debut January 15 at the Fiorano circuit. Toyota is also scheduled to debut their ‘09 car on the World Wide Web that same day.

Continue to read: Ferrari will be first to debut 2009 F1 contender

Despite unprecedented losses, Toyota re-commits to F1

Facing huge first quarter losses, Toyota reaffirmed its commitment to the grossly expensive sport of Formula One Racing. After the withdrawal of its main competitor Honda, fears arose that Toyota would be next.

In a statement to the Guardian newspaper, a spokeswoman for Toyota said “We have absolutely no plans to withdraw from formula one.”

Contine to read: Despite unprecedented losses, Toyota re-commits to F1

FIA talks about the future of Formula One

This is a statement released by the FIA today outlining changes agreed to by all parties involved for the future of Formula One.

Obviously, some details will still need to be ironed out. It certainly covers cost-cutting for the teams and the sport, but it doesn’t directly address environmental concerns, yet. Full statement after the jump.

Click here to see the statement

Formula One: The pinnacle of motorsport?

Just as the bad economy has affected the auto industry, so has it affected motorsport overall, Formula One in particular. With auto giants such as Ferrari, Mercedes, BMW, to name a few, fielding teams in F1, the economic downturn was sure to have an effect on the sport.

Soon, gone will be the days of $400 million annual budgets and lavish parties, as manufacturers and teams try to cope with dwindling profits, and make a case as to why automakers should spend hundreds of millions in development and such. But how will it influence the technological pinnacle of motorsport (self-proclaimed and otherwise)?

Continue to read: Formula One: The pinnacle of motorsport?

Breaking! Honda will withdraw from all F1 activities

Honda announced today that they will withdraw from all Formula One activities, making 2008 the last season of participation.

This difficult decision has been made in light of the quickly deteriorating operating environment facing the global auto industry, brought on by the sub-prime problem in the United States, the deepening credit crisis and the sudden contraction of the world economies.

Honda says it must protect its core business activities and secure the long term as widespread uncertainties in the economies around the globe continue to mount. A recovery is expected to take some time.

Continue to read: Breaking! Honda will withdraw from all F1 activities

Shell commercial featuring Ferrari F1 cars

Even though it is already over a year old commercial we love it every time we see it.

This commercial cost around 4 million USD and features very rare historic Ferrari F1 cars racing the deserted streets of the major cities around the world.

Turn up the volume and enjoy!

Click here to see the Shell commercial featuring F1 cars