The larger-than-life figure of Bernie Ecclestone once again wielded it's power on Thursday. Having successfully negotiated the retirement rumours, the de facto boss of Formula One was re-instated to the board that runs this lucrative sports as a business.
Former Ferrari chairman Luca Di Montezemolo is returning to the board of Formula One as a non-executive director along with former Diageo chief executive Paul Walsh, controlling shareholders CVC said on Thursday.
Fernando Alonso is leaving Ferrari at the end of the season because he wants a fresh environment and needs to be winning again, the Formula One team`s ex-chairman Luca di Montezemolo said on Wednesday.
Fernando Alonso gave his embattled Ferrari team some welcome cheer by clocking the fastest time in first free practice for the Singapore Grand Prix on a balmy floodlit evening at the Marina Bay Street Circuit on Friday.
A frustrated Fernando Alonso reiterated his commitment to Ferrari on Thursday and took a verbal swipe at brand-damaging rumours in Italy suggesting he might swap seats with Sebastian Vettel to join Red Bull next year.
Luca di Montezemolo`s resignation as Ferrari chairman on Wednesday severs an historic link with the company`s late founder Enzo and marks the end of an era for Formula One`s most successful and glamorous team.
Ferrari chairman Luca di Montezemolo addressed rumours about his future on Saturday by emphasizing his continuing commitment to the Italian luxury sports-car maker and indicating he had no immediate plans to step down.
Lewis Hamilton defended Formula One against accusations of being boring on Thursday, suggesting that those raising their voices now Mercedes were on top had kept quiet when their teams were winning everything.
A commotion about Formula One`s new quieter cars could hit the sport`s revenues and lead to teams getting less money if promoters take legal action, commercial supremo Bernie Ecclestone said on Monday.
Formula One may have to `revisit` a controversial rule change awarding double points for the final race of the season because of the backlash from fans, according to Mercedes motorsport head Toto Wolff.
Formula One`s decision to award double points at the last race of the season could be scrapped after next year`s Abu Dhabi Grand Prix, if not before, according to Ferrari president Luca di Montezemolo.