Motorsport

Formula One supremo Bernie Ecclestone and organiser of the Indian grand prix Jaypee Group have confirmed that the race will not take place in the 2014 season.

The German Touring Car Championship (DTM) has added China back onto its racing calendar for the 2014 season.

Private equity firm and Formula One owner CVC has reportedly refinanced a $2.5 billion loan with the Royal Bank of Scotland and Goldman Sachs.

The Emirates Motor Sport Federation has launched a new UAE Desert Championship event to start this October.

Formula One will hold two pre-season tests in the Middle East next year with Dubai, Abu Dhabi and Bahrain named as a possible host.

David Ward is reportedly considering standing against current International Motor Sport Federation (FIA) president Jean Todt in the elections at the end of the year.

BMW will exit the World Superbike Championship at the end of this year to focus on its customer sports programme.

Formula One paid just £1 million in corporation tax in the UK in 2011 despite profits in excess of £300 million, due to a series of complex tax arrangements, according to The Independent.

Poland is reportedly set to return to the World Rally Championship (WRC) calendar from the 2014 season.

Energy drink company Red Bull has issued a statement confirming that an agreement has been reached to see Formula One return to Austria for the 2014 season.

Formula One owner CVC Capital Partners will monitor CEO Bernie Ecclestone's bribery indictment by German prosecutors.

Bangkok’s Rajamangala Stadium will host the 2013 Race of Champions (ROC) on December 14-15.

Formula One supremo Bernie Ecclestone has confirmed that he has been formally served with an indictment from a German judge investigating allegations of bribery, according to the Financial Times.

Racing team Andretti Autosport has signed on as the third constructor to compete in the FIA Formula E Championship, which begins its inaugural season next year.

NASCAR is set to make significant changes to the motor sport and the way it is officiated, with the announcement of 11 proposals to be implemented for the 2015 season.

Formula One team Marussia has agreed a long-term technical partnership with Ferrari to use its engines, ahead of next season’s engine format overhaul.