Group Lotus has already confirmed that it has purchased a 25 percent stake in the Renault F1 Team ahead of 2011 although the Proton-owned, Norfolk-based sports car company is... read more »

The 60-year-old former racing driver and Formula 1 team owner Tom Walkinshaw has died. The Scotsman who purchased the Arrows F1 team back in 1996 had been suffering from cancer.  read more »

There has been fresh speculation in recent days that Hispania Racing has purchased the assets of the former Toyota F1 team. read more »