Motorsport

Formula E’s stakeholders analyse the successes and failures of its innaugural season.

The World Rallycross Championship has signed a multi-year deal for the Latvian capital of Riga to stage a round of the motor-racing series from 2016.

Mercedes motorsport chief Toto Wolff has said the financing is in place to secure the German Grand Prix’s return to the Formula One calendar next year, while a US-based investment group is reportedly seeking to acquire a team in the motor-racing series.

The International Automobile Federation’s (FIA) World Motor Sport Council (WMSC) has given its approval to a new set of technical regulations that could lead to a major revamp of the cars used in the World Rally Championship (WRC).

Paris has been confirmed as Monaco’s replacement for Formula E’s second season, with organisers remaining in talks to retain four races in the Americas after Miami lost its place on the 2015-16 calendar.

Azerbaijan has been handed a race date of July 17 for its Formula One debut, with Baku’s European Grand Prix amongst a number of changes to the makeup of the calendar for a 2016 season of the motor racing series which is set to include a record 21 races.

The World Touring Car Championship (WTCC) is set to reduce the number of European races to four in its 2016 calendar, according to general manager of the motor racing series, Francois Ribeiro.

Extreme, the company behind the Extreme Sports Channel media platform, has launched a specialist marketing and sponsorship service.

The British Automobile Racing Club (TOCA) has agreed a five-year extension to its role as the organiser and promoter of the British Touring Car Championship (BTCC) motor-racing series.

British sportscar marque Aston Martin has dismissed speculation concerning a return to Formula One, stating a deal in the motor-racing series would be improbable at best.

Matthew Carter, chief executive of the Lotus Formula One team, has played down fears that a winding-up petition could pose a threat to the future of the motor-racing outfit.

Formula One’s commercial rights-holder and main shareholder CVC Capital Partners has maintained it is under no pressure to sell its controlling stake in the motor-racing series, according to co-chairman Donald Mackenzie.

Formula One’s Strategy Group has given its latest update on plans to shore up the future of the motor racing series, stating that important decisions and “innovative evolutions” have been approved.

Formula E chief executive Alejandro Agag has said that the electric auto racing series will add two new races in its second year, with Monaco set to drop off the calendar following its inaugural campaign.

Azerbaijan’s Sports Minister, Azad Rahimov, has said that the country could bid for the 2024 summer Olympic Games, but has called on the International Olympic Committee (IOC) to reduce its requirements for hosting the sporting spectacle.

RSE Ventures, which owns the Miami Dolphins American football franchise in the North American NFL, has linked up with Qatar to lodge a bid to acquire a controlling stake in the Formula One motor-racing world championship, according to reports.