The financial troubles that have forced the Marussia and Caterham Formula One teams into administration emphasise the need for cost-cutting measures, the sport's governing body said on Thursday.
The F1 supremo told US Grand Prix organisers that he could take the race elsewhere if he cannot agree a new deal with Indianapolis.
A summary of sports events and sports persons, who made news on Wednesday
Williams join Ferrari, Midland/Jordan, Red Bull and Toro Rosso/Minardi in agreeing to an extension with the F1 chief.
A total of 12 states from Alabama to Alaska are holding primaries or caucuses today. Virginia was the first state to open its polling stations at 6:00 am (16:30 IST).
Formula One faces its biggest shake-up in decades with the announcement on Wednesday that US cable TV mogul John Malone's Liberty Media has agreed to take control of the cash-generating glamour sport.
India's long standing desire of bringing the F1 to the country received a shot in the arm.
'What has India got out of Howdy India in substantive terms?' asks Ambassador M K Bhadrakumar.
Five-time Tour de France champion Lance Armstrong and his wife are separated and planning to divorce, according to a published report.
The leading businessman said after signing a sponsorship agreement between his Kingfisher Airlines and the Toyota team that he was confident the sport would come to the sub-continent.
Formula One will not subsidise any race there despite last year's fiasco at Indianapolis, according to Bernie Ecclestone.
Ferrari could lead other Formula One teams into an alternative championship if the sport becomes too much like the US-based NASCAR series.
F1 boss Bernie Ecclestone says Fernando Alonso needs to put more back into the sport as world champion
Formula One world champion Nico Rosberg hailed Mercedes team mate Lewis Hamilton as one of the greatest drivers of all time on Wednesday but ruled out forging any friendly ties with the Briton as long as they raced each other. Rosberg, who lost out to Hamilton in the previous two years, made it third time lucky when he clinched his maiden title with a second-place finish behind the triple world champion at the season finale in Abu Dhabi on Sunday.
Britain has hosted a Grand Prix every year since the first Formula One championship race at Silverstone, a former World War Two airfield, in 1950.
Formula One boss gives an option to the BRDC to preserve the race a week after he threatened to axe it.
Formula One will have simpler, cheaper and noisier engines from 2021 as part of a "road map" for the future presented to teams on Tuesday that could entice new manufacturers to enter the sport.
Modi may take satisfaction from his display of considerable political skill in managing a mercurial, temperamental and unpredictable US president and nudging him into uncharacteristic restraint and even carefully orchestrated remarks. This personal chemistry will come in handy if Trump returns as president in the November elections, says former foreign secretary Shyam Saran.
Mumbai is the most likely venue, although Hyderabad and Calcutta have been mooted as possible locations, the F1 supremo said.
India's return to Formula One will have to wait until at least 2016, by which time a new race in Azerbaijan could also be on the calendar, commercial supremo Bernie Ecclestone said on Wednesday.
The Formula One supremo's new silver Mercedes had been jacked up by thieves and left on two wheels.
A group of three banks has wrested control over the companies controlling Formula One's commercial rights from supremo Bernie Ecclestone.
General Soleimani headed the Islamic Revolutionary Guard Corps's Quds Force and also served as Iran's pointman on Iraq.
Teams have been promised more money and Bernie Ecclestone has been retained as ringmaster in a restructuring of the sport.
Formula One's governing body has dismissed a move by commercial supremo Bernie Ecclestone to change qualifying for Sunday's British Grand Prix.
Formula One is feeling a fresh wave of optimism under its new owners, while Lewis Hamilton and Fernando Alonso are the two most popular drivers, according to an extensive fan survey released on Friday.
Ray Bellm, who played a key role in securing a five-year deal for the Silverstone Grand Prix, was voted out of office at a BRDC board meeting.
The circuit's owners announced they had secured a deal to stage the race in 2005 and 2006.
'Eighteen, 19, 17 -- who knows,' F1 boss Bernie Ecclestone said, when asked how many races there would be next season.
Formula One supremo Bernie Ecclestone said earlier in the year that the circuit near Bologna, which is looking for government funding to upgrade the facilities, would be making its final appearance on the calendar this season.
Italy's Imola circuit will host grands prix for at least another five years, local officials said on Monday after meeting Formula One supremo Bernie Ecclestone.
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