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Thursday, July 30, 2009

Ralf on Michael's return: "Nothing better could have happened for Formula 1"

One guy really excited to see Michael Schumacher back behind the wheel of a Formula One car is brother Ralf.

F1 Grand Prix of Europe - Previews


"He was itching to come back. But no one expected that," AUTOSPORT reports Ralf told German television. "After all the bad headlines on the sport recently this is absolutely great. Nothing better could have happened for Formula 1 than my brother coming back."

The 40-year-old will be making his debut at Valencia, a track he has never seen, and will race against Lewis Hamilton for the first time.

Meanwhile, Felipe Massa's condition continues to improve, with the Brazilian taking his first steps since the accident and soon to leave intensive care.

Renault reports loss

Grandprix.com reports Renault has announced a $3.8B loss through the first half of 2009.

Yesterday's shock announcement by BMW reminds us F1 is an expensive hobby for manufacturers, and with notorious cost cutter Carlos Ghosn at the helm, it is a wonder Renault has stuck around this long.

Certainly Flavio Briatore's reputation for doing more with less is partially to credit, but with the number of manufacturers in the sport down by one more, one has to wonder how long participation will make sense to Renault.

How did the manufacturers ever hope to create and maintain their own series?

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