Ferrari agreed on Friday to end legal action against McLaren over last year's spy scandal for the good of Formula One.
Ferrari agreed on Friday to end legal action against McLaren over last year's spy scandal for the good of Formula One.
MRTPC has suspected cartelisation amongst low-cost fliers over fixing of air fairs. It has called for a probe into the matter.
Six-time national rally champion Naren Kumar will debut for an Indian team, 'Team Sidvin India', in the 2008 FIA World Rally Championship, in the Production Class in June, in Greece.
The Formula One season starts in Australia on March 17 with new regulations, changed lineups, a trio of young rookies fresh from Formula Two and the comeback of Poland's Robert Kubica.
The Ferrari driver was confirmed as 2007 F1 world champion after a court rejected a McLaren appeal that could have handed Lewis Hamilton the title instead.
Fisichella joins Force India for its debut F1 season, bringing extensive Formula One know-how to the team. A veteran of 12 FIA Formula One World Championship seasons, with three victories and almost 300 points to his credit, his experience will help the team achieve its long-term aims.
India's National Stock Exchange has emerged as the fastest-growing bourse among the world's ten largest derivative exchanges as its total traded volumes nearly doubled in 2007. NSE registered a growth of 95.32 per cent in its F&O volume in 2007 to close to 380 million as against about 194 million in 2006. NSE's growth was the quickest among the ten largest derivative exchanges, followed by 50.36 per cent increase in trading volumes at Bolsa de Mercadorias & Futuros of Brazil.
The Formula One season starts in Melbourne on March 16 with drivers adapting to cars without traction control and some new rules.
Stewards summoned Lewis Hamilton after complaints about his erratic driving behind the safety car in a wet Japanese Grand Prix.
The visit of CBI Director Vijay Shankar to Pakistan was cancelled following the car bomb blast outside the Indian Mission in Kabul and India accusing Pakistan of the Inter Services Intelligence's role in the same. Shankar was slated to leave for Islamabad on Monday along with a team of officials from the home and external affairs ministries for a meeting with Pakistan's Federal Investigating Agency.
Formula One's governing body warned on Thursday that the sport is "becoming unsustainable" and invited teams to come up with new rules to slash costs and halve fuel consumption by 2015. Mosley said the matter is urgent, with the teams' proposals needing to be ready within three months and the FIA prepared to step in and prepare new rules for 2011 if a majority of the teams did not show agreement.
The FIA has announced a ten-year freeze on engine development, from 2008-2017.
An inquiry had been launched with officials under fire for issuing CNICs without legitimate documentation.
Motor racing chief Max Mosley, fighting to keep his job after a sex scandal, defended his behaviour, saying he is "the victim of a disgusting conspiracy". In a letter addressed to Peter Meyer, head of Germany's ADAC Automobile Club, the International Automobile Federation (FIA) president said his actions had been "harmless and completely legal".
Triple world champion Jackie Stewart defended McLaren on Tuesday after Formula One's governing body opened an investigation into the team's Monaco Grand Prix victory.
The Grand Prix is scheduled for September 28 on public roads around the downtown Marina Bay area, making it Formula One's first street race in Asia.
McLaren have formally lodged an appeal against the decision not to penalise three drivers in the Brazilian Grand Prix because of fuel irregularities.
Formula One supremo Bernie Ecclestone described abuse of Lewis Hamilton in Spain as an "isolated incident".
McLaren were stripped all of their points in the 2007 Formula One constructors championship and fined $100 million in the spying case.
Ron Dennis likened his Italian Grand Prix weekend to a "difficult, emotional rollercoaster" and even as he said it, the McLaren boss knew that the stomach-churning ride was far from over.
Bleeding Indian carriers, which suffered another setback in the form of a 7 per cent-hike in aviation turbine fuel (ATF) prices on Tuesday, have decided against raising fares this month. This is the first time this year that the carriers are not increasing prices in spite of a hike in ATF rates.
Outgoing Formula One champion Sebastian Vettel and Australian team mate Daniel Ricciardo were sent to the back of the grid at the season-ending Abu Dhabi Grand Prix on Saturday after stewards ruled Red Bull had used an illegal front wing.
The Formula One season will stretch to 19 races next year with Abu Dhabi making its debut as the final Grand Prix in mid-November, the sport's governing body said on Wednesday. The International Automobile Federation (FIA) published the draft calendar, which starts in Australia on March 29 and has one more race than in 2008.
Lewis Hamilton will have to pay $335,700 for his licence to race in Formula One in 2008.
Renualt's Fernando Alonso alleged the FIA was helping Michael Schumacher win his eighth world championship.
A summary of sports events and sports persons, who made news on Wednesday
The FIA has been tasked with probing various allegations of funding by Research and Analysis Wing to MQM.
Poland's Robert Kubica will be replaced in the US Grand Prix by German teenager Sebastian Vettel after failing a medical.
Formula One will be badly damaged if 'grubby' legal manoeuvring leads to Kimi Raikkonen losing his title to McLaren's Lewis Hamilton in a courtroom, Ferrari's lawyer said.
'It is clear that McLaren's actions during the 2007 Monaco Grand Prix were entirely legitimate and no further action is necessary,' the FIA said on its web site.
Driver line-ups and race numbers for the 2006 season after the governing International\nAutomobile Federation issued the official entry list.
Saving money, energy and resources and reducing waste is now top of the agenda for a sport famed in the past for profligate spending and conspicuous consumption.
The fact is that some of the 999 championship races thus far have been questionable Grands Prix and several past race winners never even drove a Formula One car.
Lewis Hamilton's hopes of securing the Formula One title in China this weekend could be scuppered by a video posted on the Internet.
McLaren accepted an unprecedented $100 million fine and loss of all their 2007 constructors' points.
McLaren may be willing to take a $100 million hit in the interests of Formula One, team boss Ron Dennis said.
Ferrari welcomed on Thursday a ruling by Formula One's governing body that stripped McLaren of their constructors' points and effectively handed the title to the Italian team.
Formula One breathed a sigh of relief on Sunday after the sport's new 'halo' head protection device saved Charles Leclerc from what might have been a potentially serious impact.
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