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Tuesday, June 10, 2008

Toro Rosso sale closer than thought?

British Formula Three organization Ultimate Motorsport told autosport.com they are in negotiations to purchase the Toro Rosso squad.

Saying Formula One has always been its target, team principal Barry Walsh said he could reveal little while the negotiations continue.

The team is backed by Angolan state oil company Sonangol, Reuters reports.

Walsh said if everything fell into place he hoped to be on the grid by 2009.

Dietrich Mateschitz said earlier this year he planned to sell his stake in the Ferrari-powered squad he co-owns with Gerhard Berger due to changes in Formula One regulations planned for 2010.

Independent ownership of the team would be a benefit for Formula One, but recent F1 dabblers Midland, Spyker and Weigl Group prove it is easy to find people with interest, not necessarily well financed or committed to the long haul.

Alonso ponders Renault’s development focus

Fernando Alonso said if Renault don’t improve by the British Grand Prix, the team should abandon development of this year’s car and focus on 2009, Sky reports.

Renault and Alonso have been suffering through a disappointing season, with a fourth in Australia and a front row in Spain among the few highlights.

Despite looking more competitive in recent races, Renault sit seventh in the championship. Among the teams the French squad trails are customer squad Red Bull.

Alonso said planned developments for France and Britain should be evaluated, but if the team shows no improvement, it might be time to shift attention to next season.

With seven races down and fast approaching the midpoint of the season, the time might be now.

Danica to get her F1 test

IndyCar’s Danica Patrick, fresh off her two-month-old victory, will get her wish for an F1 test.

Crash.net reports Honda has confirmed she will get a chance behind the wheel of a F1 car, Honda CEO Nick Fry telling Austrian newspaper Kronen Zeitung the test will most likely take place in November.

Patrick currently sits sixth in the IndyCar championship, behind Scott Dixon, Helio Castroneves, Dan Wheldon, Tony Kanaan and Ryan Briscoe, who are not currently receiving F1 tests.

Well, at least the folks at Top Gear are pacified.

Finally...

Read ex-racer and pundit Sam Posey’s touching tribute to the late sportscaster Jim McKay here. Don't miss the top stories of the day, subscribe to the SpeedRead Web newspaper now! -- Email SpeedRead -- Learn more about author C.D. Six

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