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.
India's long standing desire of bringing the F1 to the country received a shot in the arm.
Bernard Tomic ground down Jack Sock 7-6(2), 6-3, 3-6, 6-4 to level Australia's Davis Cup first round tie with the United States at 1-1 in Melbourne on Friday.
Five-time Tour de France champion Lance Armstrong and his wife are separated and planning to divorce, according to a published report.
'The hardliners in Delhi are in for a big disappointment,' predicts Ambassador M K Bhadrakumar.
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.
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).
The South-East Asian country is a growing market for sponsors such as brewer Heineken and will give the region four races on the calendar again after the departure of Malaysia last year.
F1 boss Bernie Ecclestone says Fernando Alonso needs to put more back into the sport as world champion
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.
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.
A summary of sports events and sports persons, who made news on Wednesday
Formula One boss gives an option to the BRDC to preserve the race a week after he threatened to axe it.
'There is room for cautious optimism following the Harris anointment that America will return this year to more normal politics after the aberration of the Trump presidency,' points out Shreekant Sambrani.
Mumbai is the most likely venue, although Hyderabad and Calcutta have been mooted as possible locations, the F1 supremo said.
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.
Ferrari could lead other Formula One teams into an alternative championship if the sport becomes too much like the US-based NASCAR series.
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.
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.
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.
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.
'What has India got out of Howdy India in substantive terms?' asks Ambassador M K Bhadrakumar.
Formula One's shareholder banks drew first blood in a legal battle with commercial supremo Bernie Ecclestone for control of the sport.
