The defending F1 champion expects the title to be decided by a last-race duel between himself and the Colombian.
Ferrari have added Jenson Button's name to their list of candidates to take over from world champion Michael Schumacher.
American cyclist Lance Armstrong, who won his fourth consecutive Tour de France this year, was voted foreign sportsperson of the year by the Spanish daily newspaper El Pais.
Formula One world champion Lewis Hamilton set the pace in an incident-filled opening Monaco Grand Prix practice on Thursday, with debris and a loose drain cover bringing an early end to the session.
Lewis Hamilton is hoping rain will come to the rescue as a Hockenheim heatwave threatens to dash Mercedes's hopes of a home German Grand Prix win on Sunday.
"I think he is in the perfect position. Honestly, he has a strong car, they're very quick, very consistent," Schumacher said.
Ferrari said Schumacher lapped the Italian circuit named after team founder Enzo Ferrari and son Dino in one minute 19.664 seconds.
F1 world champion Michael Schumacher collided with Australian Mark Webber's Jaguar in the French Grand Prix pitlane.
Four times Formula One world champion Sebastian Vettel hopes Ferrari can become the strongest challengers to Mercedes this season after failing to win a race last year.
Lewis Hamilton boosted his morale with the fastest lap in Russian Grand Prix practice on Friday after Mercedes team mate Nico Rosberg set the early pace and Ferrari suffered reliability problems.
Formula One world champion Lewis Hamilton won the Hungarian Grand Prix from pole position for Mercedes on Sunday to go into the August break with a 24-point lead over Ferrari rival Sebastian Vettel.
Formula One world champion Lewis Hamilton has dismissed as wide of the mark reports that he sprayed Russian President Vladimir Putin with the winner's champagne after Sunday's grand prix in Sochi.
Formula One supremo Bernie Ecclestone caused a social media storm on Tuesday when he said women racing drivers would not be taken seriously in the sport and dismissed the contribution of immigrants to Britain.
The Formula One world champion sees McLaren as a potential threat to Ferrari's domination this season after David Coulthard's impressive times in recent testing.
Ferrari chief desigener Rory Bryne said the F1 champions would start next season with an interim version of their F2004 car.
The F1 ace won the award for the third time. Croatian Alpine skiing star Janica Kostelic was voted the European Sportswoman of the Year for 2002.
British media reports have suggested the new deal could be worth up to 40 million pounds ($52 million) a year and is likely to make the four-time F1 champion the sport's top earner.
For Mercedes to be denied in Brazil, Ferrari will have to score 13 points more than Mercedes -- a feat they have managed only twice in 19 races so far this year.
The five-times Formula One world champion would consider retiring if a faster driver threatened his dominance.
Fernando Alonso felt lucky to be alive after walking away from a spectacular crash that left his obliterated McLaren scattered across the Albert Park circuit and brought a halt to the Australian Grand Prix on Sunday. Alonso's right wheel clipped Esteban Gutierrez's Haas at high speed going into turn three of the 18th lap and the impact sent the Spaniard's McLaren careening into a barrier, smashing it to pieces, before it flipped, rolled and flew end-over-end into another barrier. The two-time Formula One world champion emerged from the wreckage and walked gingerly over to Mexican Gutierrez, where the pair embraced. "I'm okay, I'm trying to put everything in place again," the 34-year-old told Sky Sports in the paddock after Nico Rosberg won the race for Mercedes.
Although Schumacher won Sunday's Austrian GP for his third win in a row this season, McLaren's Raikkonen is still two points ahead of the Fereari ace.
Finnish driver Valtteri Bottas will partner Britain's triple world champion Lewis Hamilton at dominant Mercedes, winners of the last three drivers and constructors' titles and favourites again this year.
Silverstone can provide the antidote to Austria for Lewis Hamilton this weekend, with a record sixth British Grand Prix win -- and his fifth in a row -- there for the taking.
"Let's not joke. He (Schumacher) remains the favourite for the title," said BMW's Gerhard Berger.
A summary of sports events and sports persons, who made news on Friday
Frank Williams said the FW25 is a completely new race car, shorter than lasy year's.
Lewis Hamilton's record already bears comparison to Michael Schumacher's, and in some areas exceeds the great German's achievements.
Quadruple Formula One world champion Sebastian Vettel says he is living a boyhood dream after completing his first weekend at Maranello as a Ferrari driver.
Former Formula One driver Mark Webber has "no recollection" of the high-speed crash that left him "bruised and concussed" at the World Endurance series race in Brazil.
Formula One world champion Lewis Hamilton has recognised a fashion faux pas and assured Wimbledon he will respect the dress code next year.
Formula One world champion Nico Rosberg hailed Mercedes team mate Lewis Hamilton as one of the greatest drivers of all time on Wednesday, and the Briton repaid the compliment by saying the German's title was well-deserved. Hamilton sent congratulations in a message posted on Twitter after Rosberg had returned to his German birthplace in Wiesbaden.
ED had claimed that Mallya was summoned on four occasions for questioning in connection with a contract signed in December 1995 with London-based firm Benetton Formula Ltd for promotion of the Kingfisher brand abroad.
Formula One world champion Lewis Hamilton is ready to sign a new contract that, according to media reports, could net him more than $40 million a year.
Ferrari are closer to Mercedes than results have suggested in this season's two races and look like posing a real challenge, according to Formula One world championship leader Nico Rosberg.
'I'm so grateful for everyone who helped me be here, to raise the bar and lift the cup'
The last time Kimi Raikkonen stood on top of a Formula One podium, Lewis Hamilton had just joined Mercedes with one championship to his name and Sebastian Vettel was riding high with Red Bull.
A summary of sports events and sports persons, who made news on Monday
Jose Froilan Gonzalez, the 'Pampas Bull' who in 1951 became the first driver to win a Formula One world championship Grand Prix for Ferrari, has died in Buenos Aires at the age of 90, Argentine media reported on Saturday.