Alonso could join Ferrari in 2011
Italian sports daily La Gazzetta dello Sport has revealed that Formula One driver Fernando Alonso is to join the Ferrari team in 2011 - if not earlier. The Scuderia has refused to comment.
Ferrari and Indian Tata sign new deal
2008 F1 team champion Ferrari have signed a new sponsorship with Indian carmaker Tata, extending their existing contract. Ferrari parent company FIAT already has a joint venture with Tata to produce cars in the Indian state of Maharashtra.
Sponsors wince amid financial crisis
Honda's withdrawal from Formula One competition is the latest episode in the saga of how the financial crisis is damaging sports.
Honda pulls out of Formula One
Japanese carmaker Honda says it is pulling out of the multi-billion-dollar Formula One to concentrate on its core business activities amid slumping car sales due to the economic crisis.
Mark Webber hit by a four-wheel drive
Formula One driver Mark Webber was hit by a four-wheel drive in Tasmania, Australia, while taking part in a multi-sport charity event. Webber underwent surgery on his right leg but is expected to be ready in time for the new season.






