Jul.20 (GMM) German prosecutors have formally named 'Bernard E' as the alleged source of an almost $50 million bribe paid to jailed banker Gerhard Gribkowsky. The... read more »

Bernie Ecclestone fears that the News Corporation phone-tapping scandal may have seriously damaged the Murdochs' plans to take over Formula One read more »

PURE Corporation CEO Craig Pollock says he was left feeling ‘very disappointed’ after the FIA agreed to delay and modify Formula 1’s future engine... read more »

After officially announcing its plans to become a future Formula 1 engine supplier back in May, the PURE Corporation has been significantly... read more »

Formula 1’s teams have discussed the possibility of buying out the sport when its current commercial rights holders elect to leave. This follows earlier bids this... read more »

Bernie Ecclestone says he will do his best to keep Formula 1 on the BBC, as the corporation looks set to drop the sport from read more »

McLaren team principal Martin Whitmarsh has reacted strongly to speculation that the BBC may drop its F1 coverage by saying such a move would be ‘sad’ and... read more »

F1 commercial rights holder Bernie Ecclestone is attempting to persuade BBC executives to retain their Formula 1 coverage. It has emerged that the sport could be cut from the... read more »

Max Mosley has indicated to Pitpass' business editor Chris Sylt that he would use the power he still has within the FIA to block a takeover of F1 by Rupert Murdoch's... read more »

Legal experts have confirmed that News Corporation's rumoured interest in F1 could lead to questioned about competitive practices when it comes to TV coverage. read more »

One of the UK's leading competition lawyers says that a takeover of Formula One by Rupert Murdoch's News Corporation would face "concerns" due to a conflict... read more »

Ferrari president Luca di Montezemolo says Formula 1 teams will be open to the idea of forming their own championship from 2013, on the back of interest from News Corporation... read more »

FIA president Jean Todt says there is little point in the governing body getting involved in discussions about the future ownership of Formula 1 - despite suggesting it was... read more »

Formula 1 supremo Bernie Ecclestone was warned teams it would be 'suicidal' for them if the sport moved to News Corporation's pay-per-view channels as part of a... read more »

Amid speculation that News Corporation is lining up a bid for the sport's commercial rights, Formula One teams have revealed they are also interested in some level of... read more »

Formula 1 teams say that ownership of a share in the sport is an ambition they are keen to achieve, after admitting in Turkey that they are are ready to listen to what News... read more »

Ferrari has released an official statement following the media backlash this week, with Rupert Murdoch’s News Corporation having placed a bid to take over the sport’s... read more »

The new PURE Corporation, which hopes to supply Formula 1 customer engines when the new technical regulations are applied in 2013, has revealed to GPUpdate.net that it is now... read more »

P.U.R.E Corporation S.A. has today launched to build a Formula One engine for the 2013 world championship. The association will be headed by Craig Pollock, former manager of... read more »

It has been officially announced on Thursday that the newly-formed PURE Corporation is bidding for a place as a customer engine supplier on the 2013 Formula 1 grid, when a... read more »

Eddie Jordan doesn't see how News Corporation and Exor could possibly get the go-ahead to buy F1 from CVC... read more »

Bernie Ecclestone has again played down reports suggesting Formula One is for sale after Rupert Murdoch's News Corporation and Italy's Exor confirmed they were... read more »

As Formula 1’s future takes centre stage this week, team owner turned television pundit Eddie Jordan has said that Rupert Murdoch’s News Corporation currently faces numerous... read more »

As Formula 1’s future takes centre stage this week, team owner turned television pundit Eddie Jordan has said that Rupert Murdoch’s News Corporation currently faces numerous... read more »

With the launch of the PURE Corporation, the first significant step has been taken towards an all-new Formula 1 from 2013 onwards. Headed by Craig Pollock, the company is... read more »