If you are a Formula One fan, you already know this: Michael Schumacher, the most successful driver ever in the history of F1, has signed up with Mercedes GP for the 2010 F1 season. This is a commercial dream come true for Formula One - Bernie Ecclestone will laugh all the way to the bank.

Danica Patrick, the world's most famous female auto racer, has announced that she has signed up with JR Motorsports to dirve a partial Nationwide Series schedule.

Formula One driver Timo Glock has announced that he would drive for the newcomer F1 team, Manor Grand Prix, in the 2010 Formula One season. Tim Glock was driving for Toyota in the 2009 season, and was left without a drive when Toyota decided to exit Formula One.

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 biggest automobile manufacturers in the world, Mercedes. Update: Michael Schumacher to race for Mercedes GP!

Danica Patrick will likely sign up for NASCAR, and hey, here is a photo gallery!

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.

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.

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.

Danica Patrick  will once again take a shot at a podium position in the Detroit Indy Grand Prix presented by Firestone, Round 16 of the 2008 IndyCar Series.

The Best in the Desert (BITD) TSCO Vegas to Reno race will start on August 22, 2008. Hummer's team driver Emily Miller will be the first woman to compete in the 457-mile punishing race, through the desert of Nevada. Miller will pilot the #4110 stock class HUMMER H2 SUV with a navigator, Jack Povey.