Wednesday, December 31, 2008

Toyota to post first ever operating loss

Toyota, the world's biggest car maker, has forecast its first ever operating loss due to the slide in car sales across the world.

The Japanese manufacturer has cut its group operating forecast to a loss of $1.7 billion for the year to end-March.

Toyota had made a record operating profit of $25.2 billion last year.

"This is very, very, very bad," Koichi Ogawa, chief portfolio manager at Daiwa SB Investments, told Reuters. "There's a chance they could fall into the red in the next business year as well.

"This is also not just a problem for Toyota. What is good for Toyota is good for the Japanese economy."

Honda, who pulled out of Formula One earlier, had cut its annual profit forecast by 67 percent last month.

Toyota has insisted that it remains committed to Formula One despite the global crisis and team president John Howett said he is not concerned about the situation.

"Clearly I guess everybody, not only motorsport teams but in all sports, faced with the financial turmoil at the moment, is managing their business correctly , but I don't think we are living hand-in-mouth or from day-to-day," Howett told BBC Radio 5 Live.

He is also confident the new cost-cutting measures agreed by the teams will help reduce budgets significantly.

"I think it is a very pragmatic approach that will allow all teams to reduce costs significantly, the DNA of F1 is retained and the intention of FOTA is to continue in the early part of next year once the initial wave of improvements have been introduced to look at further changes," he added.

Formula One tyre supplier Bridgestone also said on Monday that it was cutting its operating profit forecast for 2008 by 24 percent.



  • Toyota deny plans to leave F1
  • Toyota scale down 2009 car launch
  • Toyota remains committed to F1
  • Maddon had great mentor in Mauch
  • Heidfeld predicts more accidents

    Heidfeld predicts more accidents

    BMW Sauber driver Nick Heidfeld fears there could be a spate of on-track clashes early in the 2009 season as drivers get used to running wheel-to-wheel with the new wide front wings.

    The German, who along with teammate Robert Kubica and test driver Christian Klien ran with 2009 aerodynamic parts during BMW Sauber's tests at Barcelona and Jerez in November and December, believes that drivers could get caught out by the wider front wings when fighting on track.

    "I think it might happen more often, especially in the beginning because you need to get used to it," said Heidfeld when asked by autosport.com whether he expected there to be more contact.

    "Sitting in the car, you can't see the front wing. OK, you know it is there, but from previous years you will have got so used to what you had that maybe at the start or in a very quick situation where you have to react without thinking, I could imagine that we would see more wings touching."

    Heidfeld admitted that when he first tried the new front wing in the Barcelona test at November, he was concerned that that the wing would pick up damage very easily from general track use.

    "When I saw the car for the first time, I was convinced we would take the front wing off on the first lap," he said. "But it didn't happen and there was no problem."

    He also believes it is too early to make a judgement on how effective the new aerodynamic rules will be in allowing a car to follow another one closely, which could potentially make overtaking easier.

    "With the wings that we have it's no secret should be less affected by wind and therefore might be a bit easier to drive," he said. "But at the moment it is difficult to tell."



  • Chance to advance spoiled for Rays
  • Heidfeld pleased with BMW’s early start
  • Loeb under no illusions over F1 test
  • Gillick’s method produced success
  • Zambrano Game 2’s central figure
  • Howett backs revenue sharing rethink

    Howett backs revenue sharing rethink

    Toyota 's F1 president John Howett has backed calls for a revaluation of the way Formula One's commercial income is distributed - saying the worldwide financial downturn makes it essential a rethink is given some thought.

    Ferrari president Luca di Montezemolo, in his role as chairman of the Formula One Teams' Association (FOTA), angered Ecclestone last week when he said the next step for teams was for them to get a greater share of the commercial money the sport generates.

    Di Montezemolo's stance has been supported by Howett, the vice-chairman of FOTA, who believes that F1's 50-50 money split between the teams and their owners is not good enough judging by the way revenue is divided up in other sports.

    When asked whether talks with Ecclestone to discuss the matter were now the next step for FOTA, Howett told BBC Radio 5 Live: "I believe so. If you look at other professional sports, the percentage of revenues that is distributed to participants is probably much higher.

    "I believe in the Champions' League it is upwards of 96-97 percent of revenues that is redistributed depending on where you finish in the championship, whereas at the moment we receive 50 percent if EBITDA (Earnings before interest, taxes, depreciation and amortization). So given the current circumstances people would like to reopen that discussion."

    Howett says that as well as a push to increase revenue for teams, FOTA would continue to look at ways to further reduce costs beyond what was agreed with the FIA earlier this month.

    "I think it (what has already been agreed) is a very pragmatic approach that will allow all teams to reduce costs significantly, (plus) the DNA of F1 is retained.

    "The intention of FOTA is to continue in the early part of next year, once the initial wave of improvements has been introduced, to look at further changes."

    He also believes that the benefits of the offer of cheap customer engines to independent teams go far beyond simply the pure cost terms.

    Speaking about moves to offer 5 million Euro engine deals, Howett said: "I think it is an extremely good package for independent teams.

    "The manufacturers are probably supplying cash flow support to teams. We have parts in production that a small independent supplier will probably not be prepared to do, so there are many, many advantages beyond just the cost reduction that has been put on the table."



  • Phils take 2-0 NLCS lead over Dodgers
  • Best-of-seven series a better test
  • Economic state may affect spending
  • FOTA: Ferrari’s special deal not a problem
  • Tuesday, December 30, 2008

    Ferrari reshuffle engineering staff

    Ferrari have confirmed a reshuffle of their engineering staff ahead of the 2009 season.

    Despite winning the Constructors' Championship this year, the team have not been afraid to make a number of changes that they hope will help them in their quest for more success in 2009.

    As well as recruiting Scuderia Toro Rosso team manager Massimo Rivola to oversee sporting activity and logistics, Kimi Raikkonen will have a new race engineer in Andrea Stella.

    Team principal Stefano Domenicali confirmed the changes and team restructure when speaking to the Italian press prior to the Christmas break.

    "The operations direction disappears and Mario Almondo has become responsible for quality at Gestione Industriale (the road car division)," he told Gazzetta dello Sport.

    "Massimo Rivola, previously at STR, will manage the sporting activity and logistics, regulations and circuits. Production and quality will go under the technical direction of Aldo Costa.

    "We'll also have some changes on our on-track organization, still led by Luca Baldisserri. Andrea Stella - who already worked on Raikkonen's car as performance engineer - has been promoted to race engineer, while Chris Dyer (Raikkonen's former race engineer) has been appointed to a coordinating role over the engineers, including the test team. He will respond to Baldisserri.

    "Diego Ioverno will be responsible for assembling, with the aid of (former Super Aguri team manager) Mick Ainsley-Cowlinshaw. We also have a man responsible for KERS development: it's Thierry Baritaud."



  • Toro Rosso confirm new team manager
  • Culture shock just what Rays needed
  • With ALDS set, Rays ready for White Sox
  • FOTA: Ferrari's special deal not a problem

    FOTA: Ferraris special deal not a problem

    FOTA vice-chairman and Toyota team president John Howett says Ferrari's special financial arrangement will not be a point of dispute between the teams, as he suggests Bernie Ecclestone was trying to split the body by going public with details of the deal.

    Ecclestone hit out at Ferrari president Luca di Montezemolo after the Italian said he wanted teams to get a bigger share of F1 revenues.

    The F1 boss spoke openly about the Italian's squad more favourable financial deal compared to their rivals.

    "Ferrari get so much more money than everyone else. They know exactly what they get; they are not that stupid, although they are not that bright, either," said Ecclestone.

    "They get about $80 million (£54 million) more. When they win the constructors' championship, which they did this year, they got $80 million more than if McLaren had won it."

    Howett said, however, that Ferrari's preferential situation was well known by all members of the Formula One Teams' Association, and said Ecclestone's attack was a non-event.

    "He may be trying to [split FOTA] but all the information that was given is very transparent and openly shared among the members of FOTA, so it was a bit of a non-event because everybody is aware of the historic status [of Ferrari]," Howett told The Times.

    Howett added that FOTA still wanted to discuss the sharing of the F1 income with Ecclestone.

    "I think the majority position in FOTA is that people feel that the revenue for a modern professional sport is normally distributed more in favour of the participants than the property holder or the commercial rights-holder," he added.

    "People want to open that discussion and achieve a much more consistent balance with the status in many other professional sports."

    FIA president Max Mosley conceded that teams are now more united than ever before as they work towards reducing costs in order to survive the financial crisis.

    "I think the teams are more united now because there are outside pressures on Formula One," he told the official Formula One website. The real tests of unity will come when there is a significant difference of opinion or when vital interests are threatened."



  • MLB Network partners with Verizon
  • Economic state may affect spending
  • Ferrari boss positive after FOTA meeting
  • Slim one of four speaking to Honda

    Slim one of four speaking to Honda

    Honda Racing are in talks with four potential buyers including wealthy Mexican businessman Carlos Slim, autosport.com has learned, but no deal has yet been completed.

    Reports emerging out of South America on Saturday suggested that Slim, ranked as the world's second richest man behind American investor Warren Buffett, had actually finalised a contract to take over Honda.

    Italian newspaper La Stampa also wrote that Slim had agreed a deal that would see the team line-up on the grid in 2009 with Jenson Button and Bruno Senna as their drivers.

    However, although talks are progressing well, it is understood that the situation remains unchanged from how it was just before Christmas, with public confirmation of the progress of the buyout discussions unlikely before the New Year.

    Honda Racing CEO Nick Fry had told autosport.com earlier this month that there had been encouraging progress in finding a buyer.

    "We have had a high level of interest in the team since Honda Motor Co. announced their withdrawal from Formula One," Fry said. "Since that time, Ross and I have been engaged in ongoing discussions with several serious potential new owners who have expressed an interest in purchasing the team."

    Sources have told autosport.com that there are four parties considering getting involved - with Slim believed to be heading the running at the moment.

    Although the identity of the buyers has not been confirmed, it is believed that apart from Slim they are Prodrive boss David Richards with the Kuwait-based Investment Dar Company (TID), Greek shipping magnate Achilleas Kallakis and an unidentified Swiss group.

    Force India boss Vijay Mallya had also been linked with the team, but this is believed to have been purely an interest in the assets should the team have been closed and their facilities put up for sale.

    Original contact between Honda Racing chiefs and Slim was made late last season, with discussions primarily based on a potential sponsorship link-up between his Telmex company and the team.

    This came about through the team's interest in Senna, who is sponsored by Embratel, a Brazilian subsidiary of Telmex.

    When Honda announced that it was to quit F1, the sponsorship talks changed into buyout discussions - with Slim recently making a big push to invest heavily in business expansion despite the worldwide economic slowdown.

    Slim, who also owns the mobile phone company America Movil, recently increased his stake in American luxury retailers Saks to 18 percent. At the start of December his Inbursa brokerage in Mexico bought $150 million (USD) of shares in Citigroup after their price sank to levels not seen since the early 1990's.

    Slim visited Honda Racing's Brackley headquarters just before Christmas, but the holiday period has put a temporary hold on discussions before talks can resume in the next week to try and sort out a deal in early January.



  • Honda: Slim reports pure speculation
  • From Yankees bat boy to best-seller
  • Honda to reveal details of buyer search
  • Monday, December 29, 2008

    Toro Rosso confirm new team manager

    Scuderia Toro Rosso have confirmed that Gianfranco Fantuzzi will be their new team manager, replacing Massimo Rivola who has joined Ferrari.

    Fantuzzi has been promoted from his previous role as Toro Rosso's general manager, having previously worked on logistics at Toyota.

    The reshuffle comes as the team continue working hard on their preparations for 2009, where they will bid to try and match the form that helped them to a maiden victory at the Italian Grand Prix.

    The team are scheduled to resume testing with their 2008 car in January, but will likely have to wait until March before they get their hands on the new Red Bull Technology-designed STR4.

    Although there has been no official announcement regarding the team's drivers for next year, autosport.com understands that Sebastien Buemi has been given the nod for one of the race seats.

    The team are still weighing up who to slot in alongside him, with financial factors likely to be decisive in whether Sebastien Bourdais or Takuma Sato are given the seat.



  • Buemi set for Toro Rosso race seat
  • Buemi expects quick Toro Rosso decision
  • With ALDS set, Rays ready for White Sox
  • Best ‘pen will write ending to Game 5
  • Gillick’s method produced success
  • Hamilton says he feels less pressure now

    Hamilton says he feels less pressure now

    World champion Lewis Hamilton thinks he will not face as much pressure next season as he did this year now that he has captured his maiden title.

    The Briton became the youngest driver in history to win the F1 championship when he beat Felipe Massa by just one point following a dramatic season-closing Brazilian Grand Prix.

    And although his level of success has heaped expectations onto the shoulders of the McLaren driver, Hamilton himself believes he is now better able to cope with situations than he was in the past.

    "I feel less pressure," he told ITV during a Formula One season review programme. "I don't feel the pressure comes from my surroundings, it comes from within and putting that pressure on yourself to succeed is what either makes you or breaks you.

    "I still have that pressure on me, but I know I can control it and I can use it to my advantage now."

    Rather than suffering from a need to maintain his impressive form, Hamilton believes he can actually build on what he has achieved so far in his F1 career.

    "I've won the championship in my second year, but there is a lot more to come," he added. "I can do better, I can be fitter, I can be sharper, I can make less mistakes.

    "I've analysed everything that's happened this season, the positives and the negatives, and I've turned some of the negatives into positives. I'm enjoying the present and I really look forward to the future."

    Hamilton also said he was looking forward to the challenge of slick tyres in 2009, as he eyes McLaren changing the philosophy of their car design so their MP4-24 is kinder on its tyres that its predecessor.

    "I think with the slick tyres we've got to make sure our new car isn't so hard on the tyres and I think we're in a good position to sort that out," he said. "And also being on slick tyres, I've experienced that in GP2 so I won't be lost. I think that's a good place to start from."



  • Brazil Sunday quotes: Bridgestone
  • Drew delivers back-breaking blow
  • Hakkinen: Hamilton can be the greatest
  • Ferrari wouldn’t swap Massa for Hamilton
  • Honda: Slim reports pure speculation

    Honda: Slim reports pure speculation

    Honda Racing chiefs Nick Fry and Ross Brawn say they remain fully focused on securing a buyout of their team by the end of January, after denying reports a deal had been completed with Mexican businessman Carlos Slim.

    Stories emerging out of South America on Saturday, plus a report in Italian newspaper La Stampa, claimed that Slim had agreed a deal that would see him takeover Honda before the start of the season. It was suggested the team's drivers would be Jenson Button and Bruno Senna.

    However, on the back of representatives of Slim denying outright a deal is in place, both Brawn and Fry say that the situation remains unchanged from before Christmas as they aim to resume negotiations with what are believed to be four interested parties in the New Year.

    Speaking about the Slim buyout rumours, Brawn told The Daily Telegraph: "We would love it if it were true, but it's pure speculation from various members of the media. It's just been one of those rumours which has developed a life of its own."

    Brawn added: "There has been a huge amount of interest. It's now got to the stage where we need to filter out the serious from the not so serious. We're all hopeful that something will happen and we're anxious to turn up the wick again in the new year."

    Fry told autosport.com: "While it would be inappropriate to comment on any one potential purchaser of the team, Ross and I are very pleased with the level and calibre of interest in our team and we hope that we can bring this to a conclusion by the end of January. In the meantime, preparations for Melbourne continue."

    The Mexican Escuderia Telmex, backed by Slim's company, also denied that a deal was in place for him to buy Honda in a statement issued on Saturday.

    "Escuderia Telmex informs that Carlos Slim Helu has not acquired nor has any negotiations for this aim with the Honda Formula One team. All the information on this subject lacks foundation and is completely false."



  • Zambrano Game 2’s central figure
  • Honda to reveal details of buyer search
  • Honda plan full-scale attack on testing
  • Phillies move within one win of NLCS
  • With ALDS set, Rays ready for White Sox
  • Sunday, December 28, 2008

    Ecclestone hits back at di Montezemolo

    Formula One supremo Bernie Ecclestone has hit back at Ferrari president Luca di Montezemolo's calls for teams to be given a much bigger share of the sport's revenue and more say in how it is run.

    Di Montezemolo, who is also chairman of the Formula One Teams' Association (FOTA), told selected media including autosport.com at Maranello this week that the time was coming for Ecclestone to give up both money and control of F1 to the teams.

    "In terms of revenue, we want to know more about them," said di Montezemolo. "Theoretically, like in other professional sports, like basketball in the USA, we can have a league made by us and appoint a good league manager to run our own business. Because it is our own business.

    "We want to know the revenues better so we can decrease the cost of the tickets. Then we have the matter of traditional tracks rather than exotic tracks just because they have a nice skyline. We have to discuss the show. How to promote. I'm not prepared any more to have all this dictated to us by outside without any control."

    But Ecclestone has been angered by those comments - and thinks it especially wrong for di Montezemolo to criticise him because of the special financial arrangements that Ferrari have enjoyed within F1 due to their historical importance.

    "The only thing he has not mentioned is the extra money Ferrari get above all the other teams and all the extra things Ferrari have had for years - the 'general help' they are considered to have had in Formula One," Ecclestone told The Times.

    "Ferrari get so much more money than everyone else. They know exactly what they get; they are not that stupid, although they are not that bright, either. They get about $80 million (£54 million) more. When they win the constructors' championship, which they did this year, they got $80 million more than if McLaren had won it."

    He added: "What he should do, rather than asking for money, with all the extra money Ferrari gets, he should share all that amongst the teams."

    Ecclestone says the terms of the current special Ferrari deal were agreed back in 2003, when some teams were considering a breakaway championship because they were unhappy about the running of the sport.

    "They were the only team that broke ranks with the other manufacturers - why did they break ranks?" he said. "That's where the $80 million comes in. We 'bought' Ferrari. We 'bought' Ferrari's loyalty. Our deal with Ferrari was that we 'bought' them so they would not go to the others."

    Ecclestone was also left unimpressed by suggestions from di Montezemolo that it was time the teams were given a full breakdown of how money was distributed in the sport.

    "They have the right to send people into the company and search for everything," Ecclestone said, referring to a clause in the Concorde Agreement that allows full examination of the sport's books.

    "Ferrari in particular, more than anybody, from day one, have had the right and they've never done it. We have bankers here and we've got CVC (CVC Capital Partners, the principal owners of Formula One) checking every single solitary thing. So anybody that starts saying that we've done anything wrong, I'll sue the a*** off them."

    And in a final swipe at di Montezemolo, Ecclestone suggested he knew less about Ferrari than many of the people who worked at the Italian car manufacturer.

    "It's a shame he's not in touch with people that seem to run the company as opposed to what he does – work as a press officer," said Ecclestone.



  • Ferrari still want revenue discussions
  • Ferrari boss positive after FOTA meeting
  • MLB Network partners with Verizon
  • Montezemolo: KERS introduction a mistake

    Montezemolo: KERS introduction a mistake

    Ferrari president Luca di Montezemolo believes the introduction of KERS in Formula One is a mistake, and reckons it will not have road car application yet.

    The Kinetic Energy Recovery System will be introduced in Formula One next year, and Ferrari are playing catch-up with its development in order to have it ready for the start of the season.

    FIA president Max Mosley has defended the introduction of the system, as he reckons it will be a serious engineering challenge for the teams.

    Di Montezemolo, however, says using the system now is a mistake, as he believes it needs more time to be worked on.

    "It's not possible in one night to do everything. It's a process. Year on year. The KERS is a mistake," said di Montezemolo. "Whatever we discover there is nothing in common between F1's KERS and road car KERS.

    "But for 2012 KERS can be an important part of a new package that addresses properly the environmental concerns. KERS is the biggest part of F1 spending for 2009.

    "I'm not against the principle of KERS - it's very important to put in front of the teams research that benefits the environment - but the way it is at the moment is a mistake. It has to be a package looking ahead and we have three or four years to work on the whole engine/KERS package."

    The Italian was again critical of races like the Singapore Grand Prix, which he reckons take place at the wrong kind of circuits to offer a good show.

    "Having two or three Monte Carlos is too much," he added. "Next time we can race inside the Coliseum, or maybe inside the Papacy. This is not racing.

    "I don't think we need more boats, historic skylines. I think we need more race tracks where it's possible to overtake, where the public can enjoy the competition, not a place where a crash like Piquet had can destroy the whole race. One of the problems F1 is facing, is we need to improve competition, so that the racing is good not only when it rains or the safety car creates a situation.

    "If we look at the last 10 years we change many times the technical and sporting rules. Sometimes it's important to change, even if just to start the competition again from a blank page.

    "But it's like asking a football player to play in the rain with just training shoes, so he slips all over the course. It's artificial. I think we need the tech rules to improve he possibility to overtake.

    "New tracks, with good opportunities for overtaking. Real tracks, not touristic tracks. At least Monte Carlo has history. Having two or three of them is too much."



  • Di Montezemolo critical of KERS
  • Ferrari prepared for KERS delay
  • One for all, all for one: Phils get it done
  • MLB Network partners with Verizon
  • Kubica expects KERS to hamper him
  • Homers send Phils to Game 1 victory
  • Briatore: Alonso surpasses Schumacher

    Briatore: Alonso surpasses Schumacher

    Renault boss Flavio Briatore believes Fernando Alonso has qualities that surpass even his former driver Michael Schumacher - especially when it comes to handling pressure.

    Although drawing short of specifying which driver he believes was better, Briatore has claimed that there was one area where Alonso is much better than the seven-time world champion.

    "They are two different drivers, in different eras of F1," Briatore told the latest edition of F1 Racing magazine. "But between the two I believe Fernando makes fewer mistakes than Michael.

    "The more pressure you put on Fernando, the better he gets. Michael was not so good at handling pressure."

    Briatore claims that Alonso's aborted switch to McLaren, which ended after a turbulent 2007 season, did make the Spaniard an improved driver.

    "Fernando is Fernando. He came with one more year's experience. And at this kind of high level, especially in a very competitive team, that's important."

    Speaking about his feelings when Alonso announced back in December 2005 that he was switching to McLaren, Briatore said: "For sure it wasn't good. It was Christmas and this was not a good Christmas gift.

    "I knew it would be difficult for him because the human part is very important to Fernando, but I knew he was not happy there. But I wasn't angry or disappointed. Just sad."



  • Economic state may affect spending
  • Hamilton not thinking of Schumacher record
  • Gillick’s method produced success
  • Zambrano Game 2’s central figure
  • Briatore: Renault back at their best
  • Saturday, December 27, 2008

    Ferrari prepared for KERS delay

    Ferrari prepared for KERS delay

    Ferrari are making contingency plans in case their KERS (Kinetic Energy Recovery System) is not ready for the start of the season.

    The Italian team are still playing catch up with their development of KERS, but are determined to try and get it on the car for the start of the season.

    However, they are not willing to take risks in case they face fresh hurdles before Melbourne - so are preparing themselves in case they need to race without it.

    Ferrari's technical director Aldo Costa told Gazzetta dello Sport: "The objective is to arrive at the first race with a functioning and competitive KERS, but we also have a B plan: not a different car but a version without KERS."

    Engine chief Gilles Simon added: "We are late with the KERS. We prepared a hybrid F1 car to test it, but the system isn't ready. In February we'll understand how to go to the first grand prix."



  • Kubica expects KERS to hamper him
  • Alvarez showcases talent for Bucs
  • Vettel concerned about KERS safety
  • Di Montezemolo critical of KERS
  • No time to dwell on loss for Rays
  • With ALDS set, Rays ready for White Sox
  • Mosley believes rules will boost overtaking

    Mosley believes rules will boost overtaking

    FIA president Max Mosley will be 'surprised and disappointed' if Formula One's 2009 rules overhaul does not result in more overtaking.

    An almost complete aerodynamic revamp, allied to the reintroduction of slick tyres and the use of KERS, has been introduced in a bid to spice up the racing next year - following growing complaints about the lack of overtaking in F1.

    And although early running of 2009 aero parts has left teams with mixed feelings about how much better the racing will be next year, Mosley is pretty confident that things will improve.

    "The 2009 aerodynamic regulations were developed by three of the top Formula One engineers, aided by an extensive wind tunnel programme," he said in an interview with the official Formula One website.

    "I have no means of judging whether they have got it right, but if they have not, it will be surprising and disappointing. In addition, the KERS system, if fitted, will make a significant difference to overtaking by giving a car an 80hp boost for up to six seconds each lap."

    Mosley also believes that the FIA's decision to equalise engine performance next year, which means Renault are allowed to make improvement to their power unit, will help even up the contest on track.

    Speaking about how that decision came about, Mosley said: "The only problem with the original engine freeze was that in rectifying reliability problems, some teams appear to have gained somewhat in performance. We simply intend to ensure that the sporting contest remains fair."

    As well as the changes to the regulations, the FIA has also introduced a revamp of its stewarding processes - which will make them more transparent next year.

    Mosley believes this in particular will help avoid a repeat of the huge controversy caused in the immediate aftermath of Lewis Hamilton's penalty in the Belgian Grand Prix.

    "This change was prompted because people were criticising the stewards' decisions without having the information which the stewards had," he explained.

    "The obvious way to deal with this is to make that information generally available. Once people understand why a decision was made, they will be less likely to disagree with it and any criticism will be informed rather than uninformed."



  • Gillick’s method produced success
  • Willis: KERS won’t help overtaking
  • Drivers hail 'fantastic' Algarve track

    Drivers hail fantastic Algarve track

    The new Algarve circuit has been hailed as "fantastic" by Formula One drivers following their maiden test at the Portuguese track earlier this month.

    Formula One made its debut at the Iberian track with a three-day test attended by the Ferrari and McLaren teams.

    "It's a fantastic track, it looks like a roller-coaster," McLaren test driver Pedro de la Rosa was quoted as saying by Autosprint magazine.

    "It's enjoyable, especially for a test driver who normally always runs on the usual two-three tracks.

    "From a physical point of view it's not very demanding: I'd say it's about as demanding as Jerez. However it's possible that when the grip will increase because of the rubber laid on it, then it will be more demanding."

    Teammate Gary Paffett added: "This track is a constant challenge because it's an alternation of uphill and downhill sections and it's hard to find the braking point, just like it's difficult to find the best line.

    "With the track being slippery we didn't make a big effort to find the optimal set-up, we used the settings used at Montmelo and Jerez, knowing that they would have worked fine."

    Ferrari's tester Marc Gene said the track still needed rubber to be laid down, but he also heaped praise on it.

    "The track is still very slippery, because the right level of rubber on it is still lacking," the Spaniard said.

    "If six teams were present, then the problem would have been solved in just one day, but with two teams you need more time. Besides this problem, the track seems fantastic to me."

    Circuit director Juan Alvarez said, however, that the track was yet to make a profit.

    "We've put a lot of effort to improve the track but, considering the permanent structure required by F1, you need at least 20 test days in order to begin making a profit," he said. "At the moment we have only eight testing days confirmed for 2009, and that's not enough.

    "We have an agreement with F1 until 2011 but after that we'll have to rethink the situation, which at the moment isn't good, because the cost for hosting testing is getting higher and higher."



  • McLaren, Ferrari kick off Algarve test
  • Best-of-seven series a better test
  • Zambrano Game 2’s central figure
  • Friday, December 26, 2008

    Richards considering Honda rescue deal

    Richards considering Honda rescue deal

    Prodrive boss David Richards has flown to the Middle East for discussions about a potential rescue deal for the Honda Racing Formula One team.

    Richards has been pondering whether to get involved in a buy-out of Honda in the wake of the Japanese car manufacturer's decision to pull out of F1.

    And although he has made no secret of the fact that he is interested in a return to F1 management, having had spells at Benetton and BAR, he has vowed only to come back if the circumstances are right.

    This is why he is now holding talks with investors in the Middle East who want to bankroll an effort. The Kuwait-based Investment Dar Company (TID) are shareholders in his Prodrive company.

    Speaking to the Mail on Sunday, Richards said: "There are a group of people in the Middle East who want to support a Formula One entry for me and have been very specific about it for a year now. But we have to agree when the timing is right."

    Honda Racing CEO Nick Fry said on Friday that he expected news of the progress being made to find a team buyer to be made public in the New Year - although Richards admitted that any deal he was involved in would need careful thinking before talks could progress.

    "When you sit down in the cold light of day and realise the liability you would be taking on, and the huge restructuring of staff and resources that will be needed, investors will have to think long and hard before taking a punt," explained Richards.

    "You will have to bridge a big gap in finance, probably for three years, before balancing the accounts."

    The Mail on Sunday reports that other interested parties in Honda include Greek shipping tycoon Achilleas Kallakis and Force India boss Vijay Mallya.

    Richards' ambitions for F1 have also been given a fresh impetus by the decision of Subaru to withdraw their Prodrive-run team from the World Rally Championship.

    "It affects about 20 per cent of our business, but we are financially sound and have a talented, nimble organisation with a strong automotive arm looking at future technologies," added Richards.

    "Sentiment and perception about the relevance of motorsport has changed in six weeks with the dramatic economic downturn. I have not ruled out getting back into Formula One, it's something I am very interested to do.

    "But the big question remains: Is it too big a challenge at this moment in time? That's what I need to determine."



  • Richards: Honda’s exit a lesson for F1
  • Rays closing in on playoff roster
  • Raikkonen determined to make amends

    Raikkonen determined to make amends

    Kimi Raikkonen has told Ferrari that he is 'determined' to make amends for his disappointing 2008 campaign as he eyes a second world title next year.

    The Finn endured a difficult season - primarily frustrated by his inability to get the best out of the F2008 in qualifying – and was forced to play a supporting role to teammate Felipe Massa in the closing stages of the year.

    But despite the troubles, Ferrari kept their faith in Raikkonen and team president Luca di Montezemolo has no doubt that the 2007 world champion will be on top form again.

    "I joke that we had Kimi until Magny Cours, then he was busy and he asked a friend of his to drive," di Montezemolo told selected media including autosport.com at Maranello.

    "This friend was a very good driver. He put on Kimi's helmet, but now we finally have the proper Kimi back again.

    "For a while he looked like a centre forward who wasn't scoring goals, but as soon as he did you knew he will be okay again. We have spoken recently and I think he is very, very determined and in good form.

    "Let's not forget that in his first year at Ferrari he was world champion. He will be back for sure."

    Di Montezemolo has also heaped praise on Massa, who earned widespread respect at the end of the season for the way he drove in Brazil and behaved following the title defeat.

    "I was very proud of how he reacted to the situation," he said. "Proud, calm, sporting, gracious, loyal. I like him very much. It's a Ferrari face I very much like. He did the maximum.

    "We didn't lose the championship in Brazil but at places like Hungary and Singapore. They were not his mistakes, they were ours. I remember Michael telling me in 2006 that this guy is bloody quick."

    And although Ferrari dashed Fernando Alonso's hopes of securing a drive there when the extension option in Kimi Raikkonen's contract was taken up at Monza, di Montezemolo has not totally ruled out a tie-up in the future.

    "He's a fantastic driver, no question. I like him. Particularly in Japan he drove a great race. He's a champion and a team leader, but for the moment we don't have any problem with our current drivers.

    "That is why we confirmed officially Massa and Kimi until the end of 2010. Life is long and in the future we will see. But for the moment we don't have any grey areas regarding drivers for the next two years."



  • Ferrari: No regrets over Alonso
  • Meet Koufax, the band
  • Di Montezemolo smashed TV after finale
  • Ferrari boss expects Raikkonen to deliver
  • Donington wants to limit air traffic

    Donington Park bosses are aiming to shut down air traffic from the East Midlands Airport during the British Grand Prix.

    "We are working with them to ensure we minimise their traffic," Donington boss Simon Gillett told the Loughborough Echo.

    "We don't necessarily have to fully close them, but we are thinking when the race is on, no one is going to be flying in or out.

    "The idea is that at peak times the airport has exclusive use for Formula One and us. We're looking to charter a lot of planes anyway.

    "We would bring people in ourselves from Edinburgh, Glasgow, Bristol, Manchester, London, France, Belgium, Germany, all over Europe."

    A spokesperson for the airport said, however, that they had not talked about shutting down the airport completely.

    "We are holding discussions with Donington Park as part of a multi-agency group," she said. "These are ongoing discussions, but closing the airport hasn't been raised in these meetings."

    Donington Park is expected to host the British Grand Prix from 2010, replacing Silverstone as the venue for the race.



  • End of year decision for Donington Park
  • Canada not giving up on F1 race yet
  • Attempts to reinstate Canada fail
  • Lincecum nabs MLB 2K9 cover
  • Ferrari to discuss Schumacher's future

    Ferrari to discuss Schumachers future

    Ferrari plan to open discussions with Michael Schumacher next year to decide if they should continue their association with the seven-times world champion.

    Schumacher's contract as an advisor to Ferrari's F1 and road car work expires at the end of 2009, and the team say that nothing is yet decided about whether they will extend their partnership.

    Speaking to Italian magazine Autosprint, Ferrari team principal Stefano Domenicali clarified Schumacher's situation for next year - and hinted that he was open minded about where the team would go from here.

    "He still has a contract with us for next year, so he'll stay with us," Domenicali said about Schumacher's immediate future for 2009. "The activities he has done with us both in the road car department and in the racing one will carry on.

    "However, and I'm just saying this from a personal point of view, it's clear that everything must be assessed for what it can bring. So, during the season we'll have discussions to understand whether this collaboration will keep on going."



  • Agent: Junior open to Seattle reunion
  • Ferrari still want revenue discussions
  • Vettel tops final day at Jerez

    Vettel tops final day at Jerez

    Sebastian Vettel continued the Red Bull stable's run of fastest testing times by leading the final day at Jerez on Wednesday.

    After his teammate Sebastien Buemi - substituting for the injured Mark Webber - had set the pace earlier in the week, today Vettel moved to the head of the times with a 1:16.617 lap, three tenths of a second quicker than the Swiss Toro Rosso candidate as they conducted set-up work with next year's slick Bridgestones.

    Having been rapid throughout the post-season tests, Vettel reckoned his team were ending 2008 in good shape.

    "We've had pretty smooth running at this test and have completed a lot of mileage before the end of the year," he said. "I think we've done everything we could here, learning about the tyres and next year's regulations and hopefully we will start next year with a car strong enough to challenge the big boys."

    BMW's Robert Kubica was two seconds slower as he carried out a similar programme. The team had planned to switch his focus to KERS development work in the afternoon, but a mechanical failure meant he returned to the non-KERS car for the rest of the day.

    The team's test driver Christian Klien was evaluating different variations of the KERS and felt BMW were getting to grips with the device.

    "We made good progress today," Klien said. "We still have a lot of work to do on the KERS system. But the promising test results show we are moving in the right direction."

    Williams also completed their 2008 test programme at Jerez today with Kazuki Nakajima again behind the wheel. The Japanese completed 131 laps with a best time of 1:19.341 as he worked on the 2009 aero package and slick tyres.

    "Unlike last week when the weather was quite bad, I've covered a lot of mileage with the car, which was good for me as it's allowed me to get used to all the changes," said Nakajima.

    "In terms of what we've been testing, we've worked on set-up and the aero package for next year, but we mainly concentrated on the slick tyres this week. It is quite interesting to drive on slicks."

    Today's times:

    Pos Driver Team Time Laps 1. Vettel Red Bull-Renault (B) 1:16.617 107 2. Buemi Red Bull-Renault (B) 1:16.988 92 3. Kubica BMW-Sauber (B) 1:19.013 100 4. Klien BMW-Sauber (B) 1:19.066 38 5. Nakajima Williams-Toyota (B) 1:19.341 131

  • Buemi on top at Jerez again
  • Clos concludes Williams test
  • Best-of-seven series a better test
  • Vettel fastest again on final day in Spain
  • Toyota remains committed to F1

    Toyota remains committed to F1

    Toyota chiefs in Japan say they remain committed to keeping their team in Formula One, despite the Japanese car maker predicting its first ever operating loss.

    The shock news on Monday that Toyota is forecasting a $1.7 billion (USD) loss for the year to end-March inevitably cast fresh doubts about the future of its F1 team - who have been surrounded by speculation about their future ever since rivals Honda quit the sport earlier this month.

    But the message from Toyota's senior staff in Japan was clear – that the company is not questioning its involvement in F1, even though it will push through a major cost cuts programme.

    Katsuaki Watanabe, President of Toyota Motor Corporation, said the circumstances facing Toyota's road car division was a once in a lifetime experience – but that did not mean it should turn its back on F1.

    "The change in the world economy is of a magnitude that comes once every hundred years," he told local reporters at a news conference in Nagoya, near the company's Toyota City headquarters. "We are facing an unprecedented emergency."

    Speaking about the impact the financial situation would have on its motorsport programmes, Watanabe said: "We continue F1 and other motorsport activities while cutting costs."

    Watanabe's comments echo the view put forward by Toyota team president John Howett, who says that while financial circumstances are difficult at the moment they are not impossible for an F1 team to cope with.

    "Clearly I guess everybody, not only motorsport teams but in all sports, faced with the financial turmoil at the moment, is managing their business correctly, but I don't think we are living hand-in-mouth or from day-to-day," he told BBC Radio 5 Live.

    When asked about what mood his team were heading into 2009 with, Howett said: "I think optimism.

    "I am more concerned really with the new regulations - the fact the field may be strung out more and we could have political interpretations of the new regulations. That does fill me with more concern at the moment than the budget situation."



  • Toyota deny plans to leave F1
  • Economic state may affect spending
  • Toyota committed to Formula One
  • Best ‘pen will write ending to Game 5
  • Tuesday, December 23, 2008

    EXCLUSIVE: Rubens Barrichello interview

    EXCLUSIVE: Rubens Barrichello interview

    Talk in Formula One circles this winter has been all about Honda's withdrawal from the sport with the decision prompting teams to push through radical cost cuts to stop other manufacturers following them out.

    While discussions with potential buyers to save Honda Racing are ongoing, the future of the team's 2008 drivers remains up in the air. Jenson Button has spoken publicly about his desire to see the team through their current situation, while Rubens Barrichello has stayed out of the spotlight since the end of the season.

    However, after flying into Britain this week to visit the Honda Racing factory and ramp up his efforts to win a new contract, the Brazilian met up with autosport.com at his London hotel for an exclusive interview to reveal why he too is determined to secure a fresh deal.

    Rather than contemplating retirement, the fired up Barrichello revealed why he is fitter than ever, hungry to help Honda Racing and confident the team can be a success under new ownership in 2009.

    Q. It's now six weeks since the Formula One season finished in Brazil, you are in London today and you've been to the Honda Racing factory. How are things?

    Rubens Barrichello: I'm doing well. I've had a month and a bit since the last race, and they could have been bad in a way because I had no news on my future, and all of a sudden Honda pulled out of the championship. It felt like there was this uncertainty in the air.

    But, having said that, it didn't change much. Yes, I was fighting for my place against a young driver coming in, but I was already scheduled to drive in the second Jerez test, which would have been great as it would have been a straight comparison. That would have been a challenge I enjoyed.

    Then, there were two days where I didn't get any feedback from the team, so I called Ross (Brawn) direct and he could not inform me what was going on. Then all of a sudden we had the Honda thing.

    At the end of the day, as I said it won't change anything for me. If someone comes and buys the team with a tighter budget but with the competence of the people we have there, especially with Ross, I think they need both drivers to be experienced. So, I think it will change very little.

    Q. Where were you when you found out about the Honda pullout? And what was your first reaction?

    RB: I was away with my family. It was the only vacation we'd had after the last race, with five days out of Sao Paulo. The team called me there, and it was shocking. I couldn't believe it. It was more shocking than if they had called me to tell me they had chosen a driver different to myself or Bruno (Senna) someone even younger!

    You could never have imagined that Honda would have these problems. I never heard anything about money so maybe that was a problem as well. Perhaps the budget was too much, with too many things to do. It was very strange.

    Q. I went up to see Ross Brawn at Brackley on the morning of the Honda announcement and he talked about you, saying you were very fired up for 2009. You'd lost some weight; you'd won the kart races and were very hungry to be in F1.

    RB: You know, the things that I said to Ross today and I say to everyone: in life you have the confidence and the natural ability to do things. But I never overcame the problem at Ferrari, where Michael (Schumacher) had a little bit more. Equipment wise I don't think I had any differences in terms of engine, gearbox or car, but he had the special treatment to choose over strategies and things, which meant to win the race you had to be lucky. I never overcame the fact that my focus was on this, rather than doing the best I could with myself. So, after six years there, I had three years of cars that were up and down, but more down than up and that is when you learn even more.

    Qualifying 13th or 12th with this car was like being on pole by half a second with the others. It is so easy to distract yourself with a bad car than a good car. With a good car if you make a mistake you start second and probably Lewis (Hamilton) and (Felipe) Massa had plenty of this during the year, but you don't see it because of the fuel strategies.

    So I told Ross, right now I am into the situation where I am not old and I can still use this as a learning emotion. I am so fired up. I told him again that it could be a good time for me to say goodbye and start shouting bad against people for what they have done bad to me, but no. I am ready to race. I have lost half the weight of what I need to lose, and am eager to keep going. I don't think it is coincidence that I won the two kart races back in Brazil. Of course, it is at a level of competition that is much lower than F1, but it shows that I am up to it.

    I think I can use my mentality, plus my speed and my focus on the right stuff right now to really help the team carry on. And I don't want to sign just for one year. I want to sign for two or three years. I also started my career on slicks and I definitely want to finish my career on slicks.

    Q. Would it have been easy for you, with last season effectively being written off, to have eased off and think you didn't need to make an effort? And how much was it a conscious effort to keep pushing like you did all year?

    EXCLUSIVE: Rubens Barrichello interview

    RB: My mind was always aware that things would improve especially because before we went to Australia we had a car kit that gave us a second of performance - which was exactly what the wind tunnel said it would give. And we had another two update kits to come over the year, so I thought, 'this is great.' Unfortunately the other two never even approached what they were meant to, which was a little bit disappointing.

    But when you are focused on your job, if you know you have given your very best, no matter where you finished, then that is great. And you have to fight to make sure the things that went wrong go right next time. Silverstone looked great this year when I finished third, but on the Monday after the race we got everyone together because we should have finished second. We lost 20 seconds in the pit stop because there were too many people talking over the radio. So for a team like us, we should never accept something like that.

    Q. With the way the regulations are going next year, especially with no in-season testing, does the onus shift towards the need for more experienced drivers?

    RB: There are two sides to this. First of all you need to have speed. If you only have experience and don't have the speed, then you are never going to get the speed. This is the main point. So you are better off getting someone quick and you develop him with experience.

    I think in terms of myself I have both. It is a question of checking if the old boy is still eager to do it, because at this point if you talked to David Coulthard and then talked to myself it was a completely different thing. When I heard DC telling me he was going to stop he was feeling he had done enough, he wanted to go home. I just cannot see myself going back to Brazil yet because I still have the speed. Yes, I can see when I am done going back to my country, which I have always loved. But I still want to race.

    I haven't driven the car for a while and I went to the simulator today and spent two hours there before they told me to stop because I had to do something else. So it is still there in myself and I do think speed plus experience will be needed next year. There is no testing, a different approach with a new car and new tyres, and you need to know in three laps if the car is going to last with the tyres or not.

    Q. Do you think the team appreciate your efforts and determination and that Ross is aware of the push you have made?

    RB: I think he does, but I don't know where we lost ourselves in the first place for me having a contract. I should have had a deal a long time ago for next year. I still don't understand what went on in that period when they told me that they had signed Jenson (Button) because he was younger and had a long future ahead of him. I said to them: wait a minute, I am here and if you propose to me a three-year contract I will sign. So where is the problem about the long term?

    Then, there were different faces so I don't know which approach they had. A better year than I had, I don't think we could have had. They always knew I wanted to keep on doing it, especially after so many bad years. I came from Ferrari to conquer something. At Ferrari they didn't give me the space, and at Honda I had the space but I didn't have the machinery. Now the car is looking better. The slicks are going to be good. So why stop?

    Q. Do you think your visit here, making the effort to come to England to see the team, was important to show your willingness?

    RB: Yes. Obviously everyone at the factory feels a bit strange when you say to them Happy Christmas they are not just wishing to see me next year, they don't know if they will be there next year. So there are a little bit of mixed emotions there although it is a mutual thing. Only they probably know what I have done this year for the team, and with the right equipment we would be doing very well.

    Q. Has retirement ever crossed your mind?

    RB: No. It is far away. It is crazy, but all the happenings all through the past month have made me even more eager to drive. It would be easy to see the negative about the situation, but it has shown me that another door has opened. So it is a bit of a different approach.

    Q. Do you think that if you had made the same effort as you did in 2008, but had not had as strong a year, were stuck at the back of the grid half a second off the pace you would have a different mentality?

    RB: You know, the most important thing is for you to feel well with yourself and your driving and I have felt very well this year. I have read the interviews that Jenson Button gave, talking about myself and all the numbers, which gives a good boost to the ego but it is really what you feel that matters. At the end of the day you have to get your behind into the car, so you need to feel capable of doing that. When I say I can still be champion, it is because I really believe that. I am not worse than I was in 1993 in terms of speed; in terms of my physical condition I am better than ever, so it is just down to the car and to the whole situation.

    Q. You've lost a fair bit of weight since the end of the season. What's your training regime been like?

    RB: It has been going on for one-and-a-half months and basically everything I did before has been doubled. I used to go to the running machine or to run outside in the morning, and then in the afternoon go to the gym or the other way around. Right now, if I run in the morning and do the gym in the afternoon, I will run again afterwards. And if I do the gym and then run, I do the gym again. So I have doubled the impact. I have lost three healthy kilos, because I am not weak I am actually stronger. And I am looking for another couple of kilos for mid-January. I feel bright about things.

    I went to the factory today and you see a lot of optimism there. You see the bosses are willing to have someone come in and buy it, but who stays in the background a little bit. But that should be the right thing, because if someone buys now and wants to take a bigger role it is going to be difficult because Ross knows now who is good and who is not.

    Q. How competitive do you believe Honda can be if a buyer is found and they decide to stick with you? Ross still thinks the target of a BMW-type performance is still achievable.

    RB: Well, you have to judge it by the numbers. Ferrari were so good because you could predict that the car would be within one tenth of what the wind tunnel figures said. And, after one and a half years of Ross being at Honda, he has made it to the point where he can translate what the tunnel says.

    So I believe that we can jump straight into a top ten contender in qualifying, and then race to the points or even better. The only problem with the first race could be reliability because we might not have many tests beforehand. People are very excited to have a different engine at the factory, just because they have been working with the same one for such a long time. I don't know which one it is going to be. I have heard all sorts of rumours but they could not confirm which one it would be today. So it is looking good on that side, but it is very difficult to sell the idea right now that the car is going to be competitive after two years that have been very bad.

    Q. How optimistic do you feel about Honda's future?

    EXCLUSIVE: Rubens Barrichello interview

    RB: For someone who wants to win the championship it is not ideal. In a kart race you get there with the same equipment and you know what you can do. But I put my pride into my pocket a long time ago I am open to take a punch in the face if that is what is needed to get in the car and do it myself. I want the challenge and the speed and I think through last year's approach I will conquer a lot more. The age is there, 36, but it is only there as a number. Right now it hasn't got me yet in terms of real age I still feel as young as my F3 days. So I just want to, as soon as possible, get to the point where I can jump into the car, and go through the checklist of ensuring the car is doing the right things and responding to what is needed.

    Q. And I guess after this period of uncertainty, if you did get that chance it would provide you with even more motivation to do a good job?

    RB: Yes, absolutely. My phone will be ready, even on New Year's Eve when I will be jumping the waves in Brazil and hoping my wishes come true. Although you have to hold on to your expectations because anything can happen, I do believe if they don't get a buyer then that is because they are changing destiny for myself and Jenson.

    We are the two best drivers available, it is probably one of the best combinations out there. We work very well together, and the team are going to be new somehow so to have speed and this healthy rivalry to keep on going is important. With a competitive car we could score a lot of points next year, and that is what is going to make the team survive. It is the impact we can make in the first year that will keep it alive.

    Q. And do you feel there would be a sense of justice after all the pain everyone at Honda went through last year for no gain with the new car yet?

    RB: I think it is in a way justice. I was convinced to get away from my contract at Ferrari, and it is not anybody's fault I left because I wanted to. When I got to the team I didn't find it how I was promised. And in a way, I've been fighting all these three years to overcome the problems and also to change them.

    A driver against a whole bunch of people was very difficult, so there was slow motion. But with Ross I was able to get him up to speed very quickly and things did move a bit but we are still not there. So it would be like justice to give me another time in the car and to get going. It is not too difficult to see that. Someone at my age may feel we can just go do a bit of skiing or something else. For me, I am still too keen to work. I would be bored not doing that.

    Q. Has the focus solely been on Formula One, or have you looked at other opportunities to stay racing?

    RB: I've talked to several people. It was funny that my telephone started to ring about different things as soon as Honda said they were pulling out. I had calls from the WTCC to the 24 Hours of Daytona it really started to ring. But my focus is completely on F1. For the love of speed I would do anything, even IRL, but I have unfinished business in F1. I am sure I can finish higher up, if not winning the championship.

    I really believe that is what I deserve. It would be a shame not to use the services of someone so eager to do it, plus with all the experience and the speed. It is the right time and it comes with the willingness to do well.

    If you sign someone with the speed but whose time is over, they will set up the car differently and badly. You are 80 percent of the time going through corners, and you set up the car differently compared to someone who comes and wants to go flat out. For me, I am still taking it flat and sometimes this year in qualifying you have that little pimple on your skin saying 'just remember you are not a boy any more' after the corner. So it is still there very much.

    I came to show my face here in England, to show I appreciate everything that happens to the team, and to tell them to keep working hard and putting every effort in possible. There is no negative about anything you have to take the positive side and there will be a positive side. Someone will buy it and it can be better than it was the last two years.



  • Button tells Honda to retain Barrichello
  • Emotional Barrichello hails perfect day
  • Barrichello: Honda updates a small step
  • Mosley: Finding new president a challenge

    Mosley: Finding new president a challenge

    FIA president Max Mosley has warned his potential successors to think carefully before putting themselves forward for the job, after saying he will wait until June next year to make a final decision about stepping down.

    Mosley has said for several months that he plans to relinquish his presidency when his term ends next October, despite saying that there is pressure on him from members of the governing body for him to continue.

    And although not admitting that the matter is now open to review, Mosley has said a definitive decision on his future will be made only in the middle of 2009.

    When asked by the official F1 website whether he still had no plans to stand for re-election, Mosley said: "Yes, but I will take a final decision in June."

    Mosley said he felt any potential successor should consider the challenges of the job very carefully before deciding to put themselves forward for election.

    Speaking about the qualities an FIA president needed, Mosley said: "A great deal of patience and ideally an ability to understand quickly a great variety of technical and legal issues. I would advise a potential successor to think very carefully before standing for election."

    He also played down the prospects of new deputy president Nick Craw from the United States stepping up to become president.

    "The difficulty is finding somebody who has the necessary experience, but also the time and inclination to do the job," he explained. "You mention Nick Craw. He is the president of ACCUS, which controls all the different forms of racing in the United States. With all this to contend with, he is probably not exactly looking for work."

    When asked to review the things from his presidency that he was most proud of, Mosley singled out the safety improvements he brought to F1 and road cars.

    "I think the biggest achievements will have been the improvements in safety both on public roads and on the circuits," he said. "However, one must remember that a great many other people have been involved.

    "I initiated these things, but others have made them work. The greatest disappointment has been the tendency of some fans to criticise without understanding what we are trying to do."



  • Resurgent Rapids focus on consistency
  • Americans confident going forward
  • Revs seek early goal boost at K.C.
  • Honda to reveal details of buyer search

    Honda to reveal details of buyer search

    Honda Racing are expected to reveal details about the progress of their search for a new buyer for the team in the new year, having confirmed that there has been a 'high level' of interest in the Brackley-based outfit.

    CEO Nick Fry and team principal Ross Brawn have been working flat out to find a new owner since Honda's shock announcement earlier this month that they were withdrawing from F1.

    It is understood that there have been discussions with various interested parties regarding a takeover of the team.

    The outcome of the talks depend not only on the financial terms of a deal, but future management and organisational plans too.

    No firm details of who the interested parties are have been revealed, but the state of discussions has left Fry optimistic that the team can go public with developments after the Christmas period.

    "We have had a high level of interest in the team since Honda Motor Co. announced their withdrawal from Formula One," Fry told autosport.com.

    "Since that time, Ross and I have been engaged in ongoing discussions with several serious potential new owners who have expressed an interest in purchasing the team."

    Fry had said in the immediate wake of Honda's exit announcement that there needed to be serious interest from buyers by Christmas if they were to have a realistic chance of starting the season in Australia.

    The fact that discussions with buyers are at an advanced stage is a cause for optimism, and Fry has confirmed that work is ongoing with the team's new car - the first to be created under the leadership of Brawn.

    "Work on the development and build of our 2009 car continues during the next few weeks to ensure that our objective of being on the grid at Melbourne at the end of March will be achieved," he explained.



  • Honda set to reveal F1 exit plans
  • Revs search for continuity as season closes
  • Clark experiences highs and lows of soccer
  • Toyota target perfect reliability in 2009

    Toyota target perfect reliability in 2009

    Toyota team principal Tadashi Yamashina says the Japanese squad are aiming for perfect reliability in 2009, despite the new rules coming into play.

    Toyota enjoyed a positive 2008 season, finishing in fifth place in the constructors' championship after returning to the podium for the first time since the start of 2006.

    Yamashina is aware, however, that the team lost good opportunities through reliability problems and he is aiming to rectify that in 2009.

    The team boss also insisted that Toyota should not look back at the positives of 2008, but rather focus their attention in scoring their maiden F1 win.

    "We should not dwell only on the positive aspects of the season," Yamashina in Toyota's annual report.

    "Toyota's goal in Formula One is to win and we did not achieve this in 2008; we also had other disappointing results when we expected more, for example at Fuji Speedway.

    "Our reliability record compared to the other teams was good but still we lost points on several occasions due to problems and we must strive to eliminate any reliability problems because lost points can be very costly in terms of the championship.

    "Our drivers can rest assured that we target 100% reliability and, even if we know this is a very ambitious target, we are working flat-out to achieve it."

    Yamashina admitted though that he was proud of the team's achievements last season after a difficult 2007.

    "I am very proud of the progress the team has made in 2008," he added. "We have achieved one of our goals; to get back on the podium; and we have also shown a lot of potential while fighting at the front in several races.

    "However, there is still a lot of work to do and we must continue to make this type of significant progress so we can achieve our aim: to win races and fight for the World Championship."



  • All-around effort puts Fire woes to bed
  • Kubica: BMW reliability is crucial factor
  • Ferrari vow to cure reliability problems
  • Hoops aim to protect turf vs. United
  • High stakes accompany Rio Tinto debut
  • McLaren, Ferrari conclude Algarve test

    McLaren, Ferrari conclude Algarve test

    McLaren and Ferrari concluded their 2008 testing programmes at the Portuguese Portimao circuit today, with Pedro de la Rosa setting the best time of the day.

    The Spaniard set a best time of 1:28.993 in 74 laps of running as McLaren worked on their interim 2009-spec aerodynamic package and their KERS.

    The team finished the day confident in the progress they have made with the system this week.

    Meanwhile, Luca Badoer was in action for Ferrari, completing 75 laps with a best time of 1:30.163.

    The Italian concluded Ferrari's final test of the year - and first at the new Algarve circuit - working on various set-ups with the 2009 slick tyres.

    Today's times:

    Pos Driver Team Time Laps 1. de la Rosa McLaren-Mercedes (B) 1:28.993 74 2. Badoer Ferrari (B) 1:30.163 75 All timing unofficial

  • McLaren, Ferrari kick off Algarve test
  • De la Rosa tops Algarve test
  • Fisichella says 2009 a great opportunity

    Fisichella says 2009 a great opportunity

    Giancarlo Fisichella believes the radical rule changes, allied to new technical partnerships, will give his Force India team a great opportunity to shine next year.

    The Silverstone-based squad have secured Mercedes engines and a technical partnership with McLaren for next season.

    The 2009 rules are likely to shake up the order and Fisichella believes his team, who struggled at the back of the field in 2008, could benefit from it.

    "I'm looking forward to it," said Fisichella of 2009. "With the new rules it could all change, especially with the slick tyres, and different downforce levels.

    "I think it's very important to build a good car for those rules, and to try to run as soon as possible with the new car with the slicks. With the new partnerships I think it's a great opportunity for us."

    Force India failed to score any points in 2008, and Fisichella is adamant things are looking brighter for the team next year.

    "We have a better chance than this year for sure, but nobody knows how things will work out with the new rules! We'll only see that in Australia," he added.

    The veteran Italian also admitted he was not surprised by his team's disappointing season.

    "It was a difficult season, and we knew it would be. Actually at the beginning of the season in some places we were very close to getting to the top 16 and also reasonably close to the points, quite close to manufacturer teams such as Honda and to other people. It was actually a tough season.

    "We went in the right direction sometimes, but we lost a bit of direction later in the season, and in the last few races we stopped development of the 2008 car so it was very difficult to keep pushing."



  • Fisichella aiming to end negative streak
  • Fisichella feels young ahead of 200th GP
  • Cooper caps special season at Gala
  • Fisichella: No doubts about 2009 seat
  • Cooper’s future remains a hot topic
  • Rowland relishes fresh start with Hoops
  • Monday, December 22, 2008

    Ferrari wouldn't swap Massa for Hamilton

    Despite seeing Lewis Hamilton pip his leading driver to the world championship this year, Ferrari president Luca di Montezemolo has said he would not swap Felipe Massa for the Briton.

    Hamilton beat Massa to the title by just one point this season after a thrilling climax to the campaign at the Brazilian Grand Prix.

    But speaking at Ferrari's Christmas party, di Montezemolo believes that Ferrari and Massa make the perfect combination.

    "Lewis Hamilton? Let's make this clear: he's a great driver, able to get within a whisker of the title in his first year in F1 and winning it on his second," di Montezemolo was quoted as saying by Gazzetta dello Sport. "However, with all due respect, I wouldn't change him with Felipe Massa."

    When asked to respond to claims by Hamilton that he has no interest in driving for Ferrari as he wants to stay at McLaren for his whole career, di Montezemolo said: "Usually it's Ferrari doing the choosing. I'm convinced that it's Ferrari making a driver popular.

    "Kimi Raikkonen came to Ferrari and won the title. If Massa didn't win it this year it's our fault. It would have been normal for him to win it, but he didn't because of our errors.

    "Felipe is extremely popular, for the man he is, for the great driver he's demonstrated to be, and for the beautiful way he lost this championship."



  • Di Montezemolo smashed TV after finale
  • FOTA hopeful of greater revenue share

    FOTA hopeful of greater revenue share

    Formula One Teams' Association (FOTA) chairman Luca di Montezemolo is confident that attempts to secure more money from the sport's commercial boss Bernie Ecclestone will be successful.

    FOTA has already made big progress in working with the FIA to reduce costs in the sport, but its next target is to improve the amount of revenue that is distributed among the teams.

    Di Montezemolo is making plans to meet with Ecclestone to discuss the matter and, speaking to selected media including autosport.com over lunch at Maranello, he said he felt upbeat about securing a deal.

    "I'm quite optimistic," he said. "If we continue to work like this, we can achieve important results. In every company we have to cut costs. But also to increase the revenue.

    "We need to work at that and we seek in the future to work it out with Bernie Ecclestone and (F1 owners CVC's Donald) MacKenzie. We have a contract with them until 2012 and we have to work and talk together. As soon as we have finished our plans with cutting the costs for the next three years, we start another book."

    Di Montezemolo said that one of the priorities from the talks with Ecclestone will be in getting more transparency in how the sport's commercial income is distributed.

    "In terms of revenue, we want to know more about them," he said. "Theoretically, like in other professional sports, like basketball in the USA, we can have a league made by us and appoint a good league manager to run our own business. Because it is our own business.

    "We want to know the revenues better so we can decrease the cost of the tickets. Then we have the matter of traditional tracks rather than exotic tracks just because they have a nice skyline. We have to discuss the show. How to promote. I'm not prepared any more to have all this dictated to us by outside without any control."

    He added: "I think in one way or another the players have to be more involved in the sport. Do you think it's normal that we don't have even one race in North America? Do you think it's normal that we find out Canada has been dropped by reading the newspaper?

    "Do you think it's normal that we see important sponsors that we pay an unbelievable amount of money for hospitality to promote ourselves. Do you think it's normal we can't discuss when our races are held?

    "This is not polemic. It is not a game. F1 is my life. We start from the (current financial) crisis, which if it doesn't last long, thank God for the crisis. Because finally it's made us take a step back. It's the only way to go back, to get our feet back on the ground."

    FIA president Max Mosley wrote to teams earlier this year saying the governing body would push for teams to get an equal distribution of more of the revenue from the sport - which could end the long-standing arrangement of Ferrari getting a greater percentage of the income owing to their historical importance.



  • College Cup notes: Hometown boys
  • Ferrari still want revenue discussions
  • Winning all that matters to hopeful TFC
  • Vettel concerned about KERS safety

    Vettel concerned about KERS safety

    Red Bull Racing's Sebastian Vettel has admitted he is concerned about the safety aspects of KERS (Kinetic Energy Recovery Systems) next year.

    Even though there are only a few months until the start of the new season, several teams have yet to start track testing of the new technology.

    And with a number of outfits having had troubles in early testing, including most famously the BMW mechanic who suffered an electric shock during testing earlier this year, Vettel says he is wary of the progress being made.

    "For next year, my personal concern to be honest is the safety aspect of this system. Will it be safe enough to race?" he told the official Formula One website.

    "For a team racing with KERS the expectations are clear - it has to be quicker and it has to be one hundred percent reliable.

    "But I think there is one thing that people underestimate at this stage: is it safe enough? We are a little over three months away from the start of the season, and now we are heading into the winter break.

    "Then the teams will bring out their new cars and start testing again - and time is running short.

    "My concern is that so far no one has had a real thought about safety. As I said, it has to be quicker, it has to be reliable, but under any scenario it has to be safe for us drivers - and all the people working around the car.

    "Safety is the one thing I am afraid of the most right now. Hopefully the teams will improve that safety aspect and the FIA will take care of it as well."

    Red Bull Racing are not expected to run their KERS until February, when their 2009 car runs for the first time. It means they will have around six weeks to get the device up and running properly if they want to race it in Australia.



  • Win and in for Red Bulls
  • Dynamo emotions running high for rematch
  •