Ferrari boss Stefano Domenicali says he is confident the team's former hero Michael Schumacher will be beaten by their new idol Fernando Alonso.
The decision confirmed Germany's Nick Heidfeld as the eighth placed driver and relegated Ralf Schumacher to 11th at the San Marino Grand Prix.
Red Bull, owned by Austrian energy drink billionaire Dietrich Mateschitz, have taken over the old Jaguar team.
A summary of sports events and sports persons, who made news on Monday
Michael Schumacher will test Ferrari's 2007 race car again this week in preparation for his return to Formula One as a replacement for the injured Felipe Massa. The seven-times world champion, who had a day of testing in the F2007 at the circuit near Florence 10 days ago, cannot try out the F60 car before the European Grand Prix in Valencia on August 23 because track testing is banned during the season.
Michael Schumacher has shown 'slight improvement' after surgical procedure, doctors have said.
Seven-times Formula One world champion Michael Schumacher was fighting for his life after suffering severe head injuries in a skiing accident in the French Alps resort of Meribel, doctors said.
Formula One legend Michael Schumacher's family has said that they are "speechless" at the love and support that the grievously injured racer has received from fans worldwide.
The six-time world champion was again untouchable as he led home a seventh Ferrari one-two of the season in the Hungarian Grand Prix.
The German won the opening sprint over 600 metres but lost in the second race over 1,200 metres and the 900-metre decider against a Eurofighter jet.
The world champion spun and hit the barriers while approaching one of the fastest parts of the Monza track at around 300 kph.
After surviving a near fatal accident, Formula One star Michael Schumacher is now showing signs of revival. A report has revealed that he is now communicating with his family members by fluttering his eyelashes.
Rubens Barrichello was 0.128 slower than Montoya in second place, while Schumacher was third with 1:20.784.
'The Michael Schumacher we see next year will be the best Michael Schumacher ever,' Ferrari boss Jean Todt said.
Formula One world champion Michael Schumacher was named Laureus world sportsman of the year for the second time.
Michael Schumacher has put last weekend's Monaco crash behind him after seizing pole position for his home European Grand Prix.
Schumacher's Ferrari team mate Rubens Barrichello of Brazil crossed the line second with Spaniard Fernando Alonso third in a Renault.
The Ferrari driver is one point ahead of Williams's Juan Pablo Montoya and two clear of McLaren's Kimi Raikkonen with two races remaining after Monza.\n\n
Michael Schumacher's 16-year-old son Mick sprayed the winner's champagne after capping an impressive debut weekend.
The Ferrari ace fears Jenson Button's BAR could stand between him and yet another Formula One record in Canada on Sunday.
Up to three billion people are expected to tune in for the opening ceremony in Paris.
Ferrari's Michael Schumacher has won the Spanish Grand Prix to equal the best start to a Formula One season with five wins in a row.
Retired Formula One world champion Michael Schumacher escaped unhurt from a motorcycle crash in Spain on Wednesday. Schumacher's spokeswoman said the 40-year-old had been testing with his German Superbike team at the Cartagena circuit since Monday.
Images from the Olympics swimming action at the La Defense Arena, Paris, on Saturday.
Ferrari said Schumacher lapped the Italian circuit named after team founder Enzo Ferrari and son Dino in one minute 19.664 seconds.
She had slipped into a coma following a fall at her home last Saturday and underwent an emergency operation.
The German star hurt his knee playing football for his local team near his home in Switzerland.
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