Luca di Montezemolo is worried about F1′s trend away from Europe.
F1 chief executive Bernie Ecclestone said recently that he predicts only a handful of races in Europe will still be present on the calendar in a few years.
Dec 28
Jaime Alguersuari is holding onto hope that, at the tender age of 21, his formula one career has not ended

From an event in London in which he appeared as an electronic music DJ, Marca sports newspaper quoted the Spaniard as saying: “We will have good news soon.” Less than 50 races into his F1 career, Red Bull has removed Alguersuari – and his 2011 teammate Sebastien Buemi – from the Toro Rosso driver lineup.
Dec 28
Ferrari’s turbo V6 engine for 2014 will be up and running “by the summer”, according to Italian newspaper La Gazzetta dello Sport

F1′s current ‘frozen’ engine formula, the regulations for normally-aspirated 2.4 litre V8 power plants, will remain in place next year and also in 2013. But the engine manufacturers are already working on the new 1.6 litre rules, amid reports Mercedes and Renault are also planning to fire up prototype versions mid next year.
Dec 28
The Lola Group has a number of key and exciting business opportunities through 2012 and beyond.

Lola today announces that Mr.Robin Brundle will be stepping out of the day to day running of the Lola Group and will be working with Lola’s Executive Chairman, Mr.Martin Birrane, on these key initiatives.
Dec 28
Sauber came tantalisingly close to a major sponsorship deal with UBS, the Zurich based global financial services company

It emerged recently that, before deciding to sponsor the entire sport last year, UBS chief executive Oswald Grubel wanted instead to link the brand with an individual team. Blick claims that team was Hinwil based Sauber, and the newspaper has now published three ‘secret’ photographs to prove it.
Dec 28
Ferrari and Red Bull may already have inked separate new Concorde Agreements with F1 chief executive Bernie Ecclestone

The rumour follows the top teams’ recent split from the association FOTA. The current tripartite Concorde agreement, binding the teams with the commercial rights holder and governing FIA, runs out at the end of 2012.
Dec 28
Fernando Alonso has a new girlfriend, according to reports and photographs in the Italian, Spanish, German and Swiss media

Just before Christmas, the Ferrari driver announced his split with wife and Spanish rock singer Raquel del Rosario. Italy’s La Gazzetta dello Sport reports that he has now linked up with Russian born Swiss model Xenia Tchoumitcheva, 24.
Dec 28
Jarno Trulli has hit out at the growing influence of so-called ‘pay drivers’ in formula one

It is rumoured that, despite his 2012 contract, the Italian veteran could be ousted by Caterham in favour of the well-backed Renault refugee Vitaly Petrov. Trulli, 37, suggested Renault – becoming Lotus for 2012 – suffered last year as the team collected sponsorship dollars brought by Russian Petrov and Bruno Senna.
Dec 28
Karun Chandhok will not necessarily reprise his role as Team Lotus’ reserve and occasional ‘Friday’ practice driver in 2012

The Indian has acknowledged that, after a full season in the role this year, it is unlikely he will step into a race seat ahead of 2012. “It’s very difficult to secure a seat in F1 unless you have substantial financial backing,” he told the Times of India.
Dec 28
Kevin Buckler’s TRG will once again field a five-car lineup in the Rolex 24 At Daytona

The Racer’s Group, one of the most successful sports car teams in history, has announced that it will bring an armada of five Porsche 911 GT3 Cup cars to the 50th Anniversary Rolex 24 at Daytona in defense of its GT title from a year ago. TRG’s lineup of drivers will include defending champions, current veterans, Porsche factory drivers and more.
Dec 28
Team boss Chip Ganassi has spoken up in support of IndyCar CEO Randy Bernard

Since taking over as chief executive officer of the IZOD IndyCar Series at that start of 2010, Randy Bernard has faced intense scrutiny and criticism in the role. But long-time team owner Chip Ganassi has spoken up in support of Bernard and the work he’s been doing since he arrived.
Dec 28
Dani Sordo will do at least ten WRC events with the MINI in 2012, he has confirmed on his official website

Although the Prodrive-run outfit has yet to officially announce its programme for next season and recently missed the deadline to register as a manufacturer [see separate story - click here], the statement from the Spaniard is great news for the WRC.