Russian capital Moscow is due to build a racing track next year capable of hosting a Formula One grand prix by 2016, according to a government official.

Pirelli will reportedly change its tyre design for this weekend’s Formula One German grand prix, following multiple failures at Sunday’s British race.

The International Motor Sport Federation (FIA) has reportedly summoned Formula One tyre manufacturer Pirelli to a meeting, following multiple tyre failures during the British grand prix.

Italian grand prix organiser ACI (Automobile Club of Italy) today insisted its Monza race will remain on the Formula One calendar.

The International Motor Sport Federation (FIA) has reportedly blocked Formula One teams from customising their engines ahead of next season’s engine format changes.

Netherlands-based race track TT Assen has been awarded a contract extension to host MotoGP until 2021.

Formula One supremo Bernie Ecclestone has reportedly waived the €14 million entry fee to allow the insolvent company that owns the Nuerburgring race track to host the German grand prix.

International Motor Sport Federation (FIA) president Jean Todt has announced that the governing body needs to do more to return the European F3 series to its former glory and to help its national associations through funding.

Formula One team Mercedes and the sport's tyre supplier Pirelli both escaped heavy FIA (International Motorsport Federation) sanctions following their involvement in last month's controversial tyre test in Barcelona.

Indian grand prix organisers have rejected reports that Formula One is to drop their Greater Noida race, after the end of its contract in 2015.

Genii Capital, owner of Formula One's Lotus F1 Team, has sold a 35% stake to investment consortium Infinity Racing.

NASCAR track owner International Speedway Corporation (ISC) has approved $400 million funding to redevelop the frontstretch of the Daytona International Speedway, home of the Daytona 500.

V8 Supercars Australia is to consider capping the number of manufacturers allowed in the championship following Volvo's decision to join next year.

Canadian grand prix organisers say they are discussing a 10-year contract extension with Formula One commercial supremo Bernie Ecclestone.

The government of Thailand has shifted its focus from capital Bangkok to the island of Phuket as the location of a proposed Thai Formula One grand prix from 2015.

Formula One supremo Bernie Ecclestone has put sole blame on Mercedes over the controversial Pirelli tyre testing incident.

Renault is set to power four Formula One teams next season with Red Bull and Toro Rosso confirmed and Caterham and Lotus set to renew their engine supplier contracts with the French manufacturer soon.