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News By Topic: Formula One Racing

Legendary Driver Milt Minter Passed Away

Legendary Driver Milt Minter Passed Away

The Historic Motorsprts Assosiation reported that driver Milt Minter passed away on December 23. As many of you know, he fought a gallant battle with cancer for the last couple of years and unfortunately the cancer won out. Oh, the racing stories he is telling to all his old friends and racing buddies up in the sky. We ... Continue reading

18 YOUNG HOPEFULS ARE INVITED TO 2005 FORMULA BMW USA SCHOLARSHIP SHOOT-OUT

18 YOUNG HOPEFULS ARE INVITED TO 2005 FORMULA BMW USA SCHOLARSHIP SHOOT-OUT

Woodcliff Lake, N.J. 12/13/2004; As preparations for the 2005 Formula BMW USA Championship continue, 18 young drivers have received an invitation to compete for five $40,000 Formula BMW USA Junior scholarships. The two day shoot-out will take place at the Formula BMW Racing Center in Valencia, Spain on January 12th and ... Continue reading

AMD Opteron Processor-Powered Supercomputer Helps Propel F1 Team

AMD Opteron Processor-Powered Supercomputer Helps Propel F1 Team

HINWIL, Switzerland--Dec. 9, 2004--Using technology provided by AMD , Formula One team Sauber Petronas today launched its new supercomputer at the team's headquarters in Hinwil, Switzerland. This groundbreaking supercomputer, powered by more than 500 AMD Opteron(TM) processors and one of the most advanced in Formula On ... Continue reading

Ten Stix Acquires Scalecars.com from Former Ferrari Driver; Company to Capitalize on First Motor Sports Acquisition

Ten Stix Acquires Scalecars.com from Former Ferrari Driver; Company to Capitalize on First Motor Sports Acquisition

SCOTTSDALE, Ariz.--Dec. 2, 2004--David Keaveney, CEO of Ten Stix Inc. (OTCBB:TNTI), announced today that its wholly-owned subsidiary, Scottsdale Diecast Inc., has purchased the assets of Scalecars Ltd. from former Ferrari Challenge driver, Ron Adams. Keaveney stated, "The acquisition includes the website www.scalecars. ... Continue reading

President Lahoud Unveils A1 Grand Prix Team Lebanon

President Lahoud Unveils A1 Grand Prix Team Lebanon

A1 Grand Prix Team Lebanon Press Office Beirut, Wednesday 1 December 2004 ---------------------------------------- PRESIDENT LAHOUD UNVEILS A1 GRAND PRIX TEAM LEBANON Team Lebanon entered the world of international motor sport today with the official announcement of the Lebanese A1 Grand Prix team. The race car, in ful ... Continue reading

AARWBA Announces 50th Anniversary All America Team

AARWBA Announces 50th Anniversary All America Team

http://beta.motorsportsforum.com/ris01/aarwba50.ht m The American Auto Racing Writers & Broadcasters Association is the oldest and largest organization of its kind. Founded in 1955 in Indianapolis, AARWBA has reached the stature of the football and baseball press associations. Because so many support the aims and progr ... Continue reading

F-1: Jaguar Taken Over by Red Bull

F-1: Jaguar Taken Over by Red Bull

LONDON November 15, 2004; The AP reports that Jaguar will race next season in Formula One after being taken over by Red Bull on Monday. Jaguar's parent company, Ford, said on Sept. 17 it couldn't afford to be part of Formula One. Ford had until noon Eastern time Monday to conclude negotiations with potential buyers and ... Continue reading

Ford Motor Company Secures the Sale of Its Formula One Businesses, Jaguar Racing and Cosworth

Ford Motor Company Secures the Sale of Its Formula One Businesses, Jaguar Racing and Cosworth

LONDON, Nov. 15 -- Ford Motor Company is announcing today that it has secured the sale of Cosworth, its motorsport technology engineering company and supplier of Formula One engines, and Jaguar Racing Limited, its Formula One team. The terms of each sale were not disclosed. Cosworth's new owners are Kevin Kalkhoven and ... Continue reading

British and French Grand Prix Saved

British and French Grand Prix Saved

LONDON Nov 9, 2004; Stephen Wade writing fopr the AP reported that the British and French Formula One races will be on the calendar next season after team directors reached a deal Tuesday with F1 chief executive Bernie Ecclestone. "The British and French races have been saved," Minardi team owner Paul Stoddart told The ... Continue reading

October 2004 Letter From Europe:Jaguar XJ8L; Ford Focus; Smacking a Smart; Chrysler Magnum; F1 Follies; and Other Outrageous Thoughts

October 2004 Letter From Europe:Jaguar XJ8L; Ford Focus; Smacking a Smart; Chrysler Magnum; F1 Follies; and Other Outrageous Thoughts

By Andrew Frankl European Bureau Chief October 2004 There is growing animosity towards SUVs in Europe. Driven-just like in the States-often by Mums on the school run there is a major difference. Whether people like SUVs in the States or not, by and large the roads are pretty wide. In Europe, in cities like London and P ... Continue reading

Michael Schumacher Walks Away From Crash

Michael Schumacher Walks Away From Crash

SAO PAULO, Brazil October 23, 2004-- Michael Schumacher crashed in Saturday's final Brazilian Grand Prix practice session, forcing him to switch to a new engine and car in a move that will cost him a chance at yet another pole position. The seven-time world champion was not hurt in the crash, which happened a few minut ... Continue reading

Endangered Species?

Endangered Species?

Nicholas Frankl Contributing Editor The racing world was shocked to learn that arguably the most successful motor sport manufacturer, Ford Motor Company, had pulled funding from both its World Rally and Formula One Grand Prix teams for 2005. Although it is believed that the rally team, which is managed by Malcolm Wilso ... Continue reading

Hyundai fined 1 million dollars

Hyundai fined 1 million dollars

LONDON, Oct. 13, 2004; (Xinhuanet) -- South Korean carmaker Hyundai has been fined 1 million US dollars by motor sport's world governing body FIA after missing four rounds of last year's world rally championship, according to a Reuters report. The report said that Hyundai Motor Company had appeared at a meeting of the ... Continue reading

Schumacher wins Japanese Formula One Grand Prix

Schumacher wins Japanese Formula One Grand Prix

SUZUKA, Japan Oct. 10 Kyodo - Ferrari's Michael Schumacher of Germany won the Japanese Formula One Grand Prix on Sunday for his 13th victory of the year and 83rd overall in his career, while local favorite Takuma Sato finished fourth. Ralf Schumacher, younger brother of Michael, came second for Williams and Jenson Butt ... Continue reading

Midland Group New Player in Formula One

Midland Group New Player in Formula One

TORONTO, Canada, October 8 -- Midland Group, a privately owned international trading and investment-holding organization announced today the Groups involvement in Formula One racing. The Team - to be known as Midland F1 - will make its debut at the 2006 Australian Grand Prix. Midland's co-founder and chairman Alexander ... Continue reading

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