Motor sport racing company Formula One has delayed its Singapore initial public offer worth up to $3 billion due to weak markets, with the sport's boss and part-owner, Bernie Ecclestone, saying the firm is waiting until the time is right.
A summary of sports events and sports persons, who made news on Sunday
The Bahrain Grand Prix will go ahead next weekend despite concerns over security but the race organisers' decision has split opinion in the Gulf state, which has been shaken by a year of anti-government protests.
The Silverstone-based team have finished fourth for the past two years
Alternation of circuits and team personnel could be the way forward for Formula One to add new races to a crowded calendar without losing existing ones.
Teething problems were evident at India's new Buddh International circuit but Formula One's boss declared that he is satisfied.
British-based Force India, who have Mexican Sergio Perez and Germany's Nico Hulkenberg confirmed as drivers for 2016 and use Mercedes engines, contract out much of their chassis work to keep costs down.
The deepening of the Formula One financial crisis prompted Force India boss Vijay Mallya to say that the sport's owners must fix the revenue sharing model among teams for the survival of smaller outfits like his.
A day after Formula One head honcho Bernie Ecclestone addressed the press in New Delhi singing praises about the Buddh International Circuit in Greater Noida, circuit developers the Jaypee Group finally made way for the fans.
demanded that the inaugural Indian Grand Prix keep its original October 30 date for logistical reasons.
Formula One will have 20 races next year and not the record 21 listed on a calendar published last week, according to International Automobile Federation (FIA) president Jean Todt.
Malaysian entrepreneur Tony Fernandes completed the takeover of Premier League club Queens Park Rangers on Thursday and promised to take the club to new heights in the next few years.
The country's largest telecom operator Bharti airtel joined hands with the Formula One Group Companies to become title sponsor of the Indian leg of the race series, scheduled on October 30. The race in India, which will be the 17th in the Formula One World Championship, will be called the 'Airtel Grand Prix of India', following the telecom major's tie-up with the Formula One Group Companies.
Bahrain refused to give up hope of rescheduling its postponed Formula One Grand Prix on Saturday with a statement that kept all options open.
Heather Knight's majestic maiden T20I century helped England to a record-breaking 98-run victory over Thailand in the ICC Women's T20 World Cup match at Manuka Oval, in Canberra, on Wednesday. In the day's second match, played later, Pakistan claimed the scalp of the West Indies outplaying the 2016 winners in an eight-wicket victory.
India's motor sports chief has dismissed concerns about the readiness of the track for the country's Formula One debut in October but is unhappy about reports the race could be shifted to the stifling heat of April next season.
Formula One teams are keeping a wary eye on the situation in Bahrain with the Gulf kingdom due to host a Grand Prix next April after this year's was cancelled due to civil unrest.
US media group News Corp and Italian financial holding Exor, which controls Ferrari through carmaker Fiat, are teaming up to explore options on how to run Formula One motor racing.
Formula One supremo Bernie Ecclestone gave a one-word reply when asked how the new season would be for the three teams that made their debuts last year: "Difficult".
Former FIA president Max Mosley has warned that Formula One risks serious difficulties unless it changes direction and cuts costs.
Having an Indian driver in Force India just for the sake of it would have been counter-productive for the Silverstone-based outfit, said Formula One supremo Bernie Ecclestone.
Formula One teams and stakeholders failed to agree a fix for the sport's failed new qualifying format at the Bahrain Grand Prix on Sunday and agreed instead to go away and consider a compromise by next Thursday.
Bahrain could replace Australia as 2010 Formula One season-opener while Canada may also reappear on the calendar, BMW-Sauber boss Mario Theissen said on Thursday. Australia has hosted the season-opener since 1996, although Bahrain took the slot in 2006 when the Melbourne race was moved back to avoid a clash with the Commonwealth Games in the same city.
Formula One continues to break new ground away from its traditional European base and as Asia expands its interest with the addition of the Korean Grand Prix this season, India is next in line to join the fray from 2011.
Force India co-owner Vijay Mallya has rejected speculation about his Formula One team's finances, saying they will be racing for years to come.
Formula One will return to the United States in 2012 with a 10-year deal for a race in the Texas state capital Austin, commercial supremo Bernie Ecclestone announced on Tuesday.
Bernie Ecclestone wants to introduce "shortcuts" on race tracks to boost entertainment and allow the top drivers to do more overtaking, the Formula One supremo said on Wednesday.
India's hopes of hosting a Formula One Grand Prix in 2011 are on track despite exchange control obstacles, according to Force India team owner Vijay Mallya.
Silverstone's owners secured the future of the British Formula One Grand Prix on Monday after agreeing a 17-year deal with the sport's commercial supremo Bernie Ecclestone.
McLaren have no fears about losing Fernando Alonso to Mercedes after Formula One world champion Nico Rosberg's sudden retirement, the team's new executive director Zak Brown said.
Formula One's struggling teams played down talk of a possible boycott of Sunday's U.S. Grand Prix on Friday as argument over division of the sport's revenues grew more heated on Friday.
Force India should have chosen an Indian driver to replace Giancarlo Fisichella when the Italian switched to Ferrari to help boost the build up for the nation's inaugural grand prix in 2011, Bernie Ecclestone has said.
Suzuka will host the Japanese Grand Prix next year as well as in 2011, the operators of the Honda-owned circuit said on Sunday after meeting Formula One supremo Bernie Ecclestone. Next year's race had been due to be hosted by Toyota's Fuji facility under an agreement to alternate but was thrown into doubt last month when that circuit gave up the hosting rights due to the global economic downturn.
International Automobile Federation (FIA) President Max Mosley is cool on the idea of staging a Formula One Grand Prix in Rome.
Seven-times world champion Michael Schumacher's return to Ferrari will be an education for some Formula One rivals, Bernie Ecclestone said Tuesday.
Formula One's 83-year-old commercial supremo Bernie Ecclestone said in May that an agreement had been signed for a street race in the Azeri capital, on the shores of the Caspian sea, next year.
Ferrari president Luca di Montezemolo said the 'circus' track of the Singapore race and the use of the safety car had been humiliating for Formula One.
The chief executive officer-cum-managing director of Jaypee Sports International Sameer Gaur is hopeful that the Indian Grand Prix Formula One race will make a grand comeback in 2015 after being pulled off in 2014.
Liberty Global and Discovery Communications have made a joint approach to CVC Capital about buying a 49 percent stake in Formula One, the Telegraph reported, without citing sources.
Formula One teams want to keep the International Automobile Federation (FIA) as their governing body despite continuing unease at the presence of Max Mosley as president.
