The contract was officially signed on Wednesday. Canadian Jacques Villeneuve, the 1997 formula 1 world champion will contest the full 2009 season of the Speedcar series this winter.
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The fourth Formula BMW World Final, to be held at the Autódromo Hermanos Rodríguez in Mexico City from 5th to 7th December 2008, offers the winner a unique prize - he will get the chance of a test drive in a BMW Sauber F1 Team racing car.
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Renault's 2009 Formula 1 car, the R29, will make its test track debut on January 20, team driver Fernando Alonso said at a sponsor event on Tuesday.
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The 2008 Formula 1 World Champion Lewis Hamilton is planning to spend an incredible (US) $1m on Christmas presents.
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Team Vodafone McLaren Mercedes-Benz will launch their 2009 car on 16 January, the British formula one team has confirmed.
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Renault Formula 1 Team boss Flavio Briatore says he would not offer MotoGP star rider Valentino Rossi a formula one race seat.
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Formula BMW Americas announced five race weekends as part of the Championship's 2009 schedule. Confirmed are four events in North America with the American Le Mans Series. For a second consecutive year, the season will end at the Brazilian Grand Prix.
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Renault Formula 1 Team boss Flavio Briatore says he would not offer MotoGP star rider Valentino Rossi a formula one race seat.
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Young Formula 3 driver Mirko Bortolotti, who so impressed during his debut test with Ferrari F1 last week, is not currently scheduled to reappear in the team's formula one car.
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Team Vodafone McLaren Mercedes-Benz will launch their 2009 car on 16 January, the British formula one team has confirmed.
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Austrian Gerhard Berger has stridently denied reports he could become involved with the Force India Formula 1 team.
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Walter Kafitz, the boss of the German formula one circuit at the Nurburgring, has rejected suggestions the country could soon be permanently unrepresented on the sport's annual calendar.
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The 2008 Formula 1 World Champion Lewis Hamilton is planning to spend an incredible (US) $1m on Christmas presents.
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Walter Kafitz, the boss of the German formula one circuit at the Nurburgring, has rejected suggestions the country could soon be permanently unrepresented on the sport's annual calendar.
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Rubens Barrichello, who is fighting to remain in formula one won the charity 'International Challenge of Go-Kart Champs' race. However, he has been vocal about the controversial driving tactics of certain rivals.
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Sidestepping blame for the axe of the Canadian grand prix, Bernie Ecclestone insists governments did not do enough to save the Montreal race.
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The circuit of Hockenheim is unlikely to be able to host the German grand prix in 2010 or beyond, the circuit's boss Karl-Josef Schmidt has been quoted as saying.
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Gerhard Berger could be set for a rapid return to formula one, mere days after it was announced he has pulled his 50 per cent share out of the Toro Rosso team.
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Gerhard Berger could be set for a rapid return to formula one, mere days after it was announced he has pulled his 50 per cent share out of the Toro Rosso team.
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