Ferrari still want MotoGP world champion Valentino Rossi to race for them next year if they manage to change Formula One rules and enter a third car.
The PIL was adjourned by a division bench of the Kerala high court after the petitioner Sanu Joe Mathew submitted that he was approaching the Supreme court.
The German, a four times world champion, was given a 10 second stop-and-go penalty during the race for angrily banging wheels with his Mercedes rival while they were behind the safety car.
The stunning 250 GT SWB Berlinetta Competizione is one of just 74 models built by the Italian car maker.
Formula One could live without Ferrari if they were to walk away in protest at the introduction of a budget cap, according to International Automobile Federation (FIA) president Max Mosley. He made clear that he would not be backing down over allowing teams to compete with a voluntary 40 million pound ($59.56 million) cap in 2010 in exchange for greater technical freedom than others remaining with unrestricted budgets.
The world champ gave Ferrari's new F1 car a record-breaking track debut on Tuesday.
Max Verstappen led a soggy Monaco Grand Prix from start to finish on Sunday
The father of a nine year-old boy, who drove a Ferrari F 430 recently with his five-year-brother along side, causing widespread outrage, was arrested on Monday and released on bail.
Brazilian Felipe Massa wrote off his and Ferrari's Formula One championship chances on Sunday. Despite scoring his first points of the season with sixth place at the Spanish Grand Prix, Massa shook his head when asked whether he felt he could still fight for the title with just three points to Briton Jenson Button's 41 from five races.
Under the slogan "Fakes cost more", the European Union is to throw its weight behind a global campaign against counterfeiting. A rare Ferrari and kung-fu-kicking monks will help launch the drive in Brussels on Monday. Jose Manuel Barroso, the European Commission president, is to open a counterfeiting summit attended by businesses, charities and campaign groups
Max Verstappen won the Miami Grand Prix from ninth on the starting grid with a masterful display of tyre management on Sunday.
Ferrari presented a new-look 2009 Formula One car on Monday with team boss Stefano Domenicali recognising that new regulations would make it harder for the Italian team to defend their title. Formula One has to contend with major changes this year, including slick tyres and revised aerodynamics designed to make overtaking easier. There are also cost-cutting measures, such as a ban on testing during the season, due to the global financial crisis.
Felipe Massa was fastest for Ferrari Friday as Formula One's oldest team set the pace at the sport's newest circuit in practice for the inaugural Indian Grand Prix. If the morning was a tale of Indian pride, stray dogs and Englishman Lewis Hamilton collecting a three place grid penalty for ignoring warning flags after setting the quickest lap, the afternoon ended a red letter day with a red car on top.
Sergio Perez beat teammate and championship leader Max Verstappen to win the Azerbaijan Grand Prix on Sunday and continue Red Bull's Formula One domination with a double success in Baku.
The prospect of Ferrari pulling out of Formula One at the end of the year receded on Friday when the champions joined all the other teams in signing up conditionally for 2010.
Ferrari must resolve their baffling loss of pace before Felipe Massa fights Lewis Hamilton for the Formula One title in Brazil next week, team boss Stefano Domenicali has said.
Red Bull's Formula One championship leader Max Verstappen won the Hungarian Grand Prix from 10th on the starting grid on Sunday as Ferrari rival Charles Leclerc suffered another strategy nightmare.
The Brawn GP owner, whose team tops both the drivers' and constructors' standings with two wins from two races, told reporters at the Malaysian Grand Prix that his rivals' difficulties were a direct result of last year's title battle.
Fernando Alonso reiterated his long-term love and loyalty to Ferrari on Friday after McLaren, the Formula One team he left in acrimonious circumstances in 2007, said they would be keen to sign him.
Ferrari and McLaren stand to lose millions as a result of the collapse of the Marussia Formula One team, the Sunday Telegraph newspaper reported.
Ferrari said on Thursday that the MotoGP champion was halfway through a three-day test with them.
"Let's not joke. He (Schumacher) remains the favourite for the title," said BMW's Gerhard Berger.
Fernando Alonso drove Ferrari's new Formula One car for the first time in Barcelona on Tuesday and said it was on another planet compared to the tricky one he wrestled into title contention last season.
Michael Schumacher will come out of retirement to test Ferrari's 2007 title-winning car in Barcelona next week.
Ferrari are unlikely to have the fastest car when the Formula One season starts in Australia next month but they hope to be close enough for Fernando Alonso to make the difference, according to team principal Stefano Domenicali.
Ferrari will race with the flag of the Italian navy on their cars at this weekend's Indian Formula One Grand Prix in a gesture of support for two Italian sailors charged with killing Indian fishermen.
The 'Dream Team' so closely associated with Michael Schumacher's success is no more.
Fernando Alonso put Ferrari on pole position for their home Italian Grand Prix on Saturday to end a Formula One drought extending back to the end of 2008.
Ferrari have accused former technical manager Nigel Stepney of passing secrets to Formula One rivals.
Felipe Massa denied that he has become Ferrari's number two driver and said on Thursday he is out to win in Hungary this weekend.
Fernando Alonso led a Ferrari one-two in the German Grand Prix on Sunday after denying Brazilian team-mate Felipe Massa an emotional victory one year on from a near-fatal crash.
Sergio Perez won the Saudi Arabian Grand Prix from pole position in a Red Bull one-two on Sunday with Max Verstappen staying top of the championship after racing from 15th to second.
Formula One champions Ferrari will reveal their 2008 cars in a low-key presentation in Maranello on Sunday.
A British man who walked across the track during the Singapore Grand Prix was charged in court Tuesday for committing a 'rash act'.
The main suspense concerns the future of Michael Schumacher, who could announce his retirement.
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