Prodrive boss David Richards has admitted he is interested in buying F1 engine supplier Cosworth.
It emerged last week that HRT and Marussia supplier Cosworth, currently owned by well-known US racing names Gerry Forsythe and Kevin Kalkhoven, is for sale. And former BAR and Benetton boss Richards, the majority owner of Prodrive, told the Daily Mail: “We’ve just started to take a look at Cosworth although I think they have rather over-priced themselves as I understand they don’t own the brand and they will be out of the formula one business within 12 months.
Peter Windsor has admitted USF1 should have considered racing Toyota’s 2010 package this season. The principal of the ill-fated American outfit, British journalist Windsor has resurfaced as a new writer for the online F1 magazine GP Week. 
After its parent BMW group announced a multi-year comeback for one of the most charismatic names in the sport’s history. From 2011, MINI will compete at selected rounds of the FIA World Rally Championship and will go on to contest the entire season from 2012 onwards. BMW says this involvement is planned ‘for several years’. 
Bidding to form a team in 2011 was too great a risk for Prodrive, the famous motor racing brand’s boss David Richards has admitted. The Briton and Aston Martin chief had attempted to form a team in previous years, but said in April that Prodrive will instead concentrate on world rallying and sports car racing. 
Lola on Thursday became another prospective F1 team to rule out applying for the final spot on the 2011 grid. The British racing car company applied to race this season, and went to some lengths to design a grand prix single seater, but was overlooked by the FIA for the new team places. 
Thursday was the deadline for potential teams to register interest with the FIA for the 2011 selection process. But despite Prodrive wanting to secure a grid spot in previous years, David Richards’ company issued a statement saying it will instead concentrate on the world rally championship and sportscar racing. 
David Richards says he is not surprised to hear about the problems being encountered by F1′s confirmed new teams. Although a solution to Campos’ financial problems appears to have been found and is set to be announced, it has been reported this week that the death knell is tolling for USF1. 
But barring a sudden windfall, he admits, he is unlikely to get another chance in what is now more than ever ‘a rich man’s sport’. It is now more than a year-and-a-half since Anthony Davidson last graced the grand prix grid, but the highly-rated British star is adamant that he still has ‘unfinished business’ in F1, ‘deserves’ to be there and has had interest from a number of teams – all he needs now is a big wad of cash to seal the deal. 
In a meeting on Thursday, it is believed the French carmaker Renault decided to stay in formula one in 2010 but sell the majority of its Enstone based team.
In the wake of reports that the French carmaker is considering selling its Enstone (UK) chassis-making facility and F1 entry to David Richards’ company, it was whispered that an announcement might be forthcoming almost immediately. 