McLaren to get two F1 World Champions; good friends Lewis Hamilton and Jenson Button will be drivers for 2010

Woah. This is big news. The upstart Brawn GP which blew away most of the Formula One teams in the first half of the year, and went on to take both 2009 F1 driver's championship and constructors' championship has been practically taken over by one of the bigegst automobile manufacturers in the world, Mercedes.

Frenchman Sébastien Bourdais has left Toro Rosso and the team will replace him with a promising teenager Jaime Alguersuari. He is just 19 years old, and now will become the youngest driver in the Formula one history.

Hey, aren't you surprised? Jenson Button, languishing somewhere in the middle of the grid last season, has taken a surprise win for the Bran GP F1 team at Melbourne, at the Australian GP.

Bernie Ecclestone Forces USF1 To Change Name USGPE

Brawn GP will step into Honda's shoes to take over the ex-Honda F1 team. Honda had announced their intention to quit Formula One in the 2009 season, and the team's future was in doubt till now.

The Royal Bank of Scotland RBS will not renew its contract with the F1 team Williams.

The Dutch finance services entity ING declared their cost reduction programmes and said that they will not renew their three-year contract with the Renault F1 team.

If you buy the 2009 Sports Illustrated Swimsuit Edition, you can take home a Brand Graphiti peel-and-stick poster of IndyCar Series driver Danica Patrick, wearing a teeny-weeny white bikini.

The news about USF1 team is serious and the team would be launched in 2010 - but a lot depends on the cost-cutting and new rules and regulations laid by the FIA, said FIA president Max Mosley.

Toyota's technical directors have questioned the legality of Ferrari F1 car for the 2009 F1 World Championships, the F60.

In a bid to reclaim the driver's title that Felipe Massa lost to Lewis Hamilton in the final race of last season, Ferrari has rolled out its F1 car for the 2009 season. It may be recalled that Felipe Massa lost the 2008 championship by one point to Lewis Hamilton last season.

Kickstarting a technology alliance, computer maker Lenovo has joined hands with Vodafone McLaren Mercedes to forge a partnership ahead of the 2009 Formula 1 season.

In a spectacular deal that would showcase an Indian brand on the Ferrari, the Tatas have been chosen as the new sponsor of Ferrari's 2009 Formula 1 racing cars.

The slowdown in the global economic scenario has forced Japanese automaker Honda to pull out of Formula One.

The first ever night race of Formula One will begin at Singapore in a few hours time. Felipe Massa is on pole, Lewis Hamilton who is one point ahead of him in the championship stakes is right behind him, and behind him is Kimi Raikkonen, whose chances of winning the championship this year are all but gone.

If you are an environmentalist, this should make you happy. Ferrari, the iconic Italian supercar maker, is planning to go green.

McLaren is likely to go into the 2009 F1 championships by rolling out two distinct car designs.