Team Lotus has announced today that Luiz Razia will act as the squad's third driver this season, while Davide Valsecchi and Ricardo Teixeira have also been given test roles. read more »

Williams Grand Prix Holdings PLC (Williams) today released the price range of the shares offered in its IPO. The range will be EUR 24 to EUR 29 per share with a nominal value... read more »

Mark Webber has reserved judgement on the new Red Bull RB7 after only completing 17 laps concentrating on basic checks on his first day in the car. read more »

Bruno Senna and Romain Grosjean have joined the test and reserve driver line-up for the new Lotus Renault GP team read more »

Bruno Senna and Romain Grosjean have been named as part of Renault's test and reserve line-up for 2011 read more »

The first of the 2011 Formula 1 car launches will take place on Friday, with expected title challengers Ferrari removing the covers from its brand-new F150. Having narrowly... read more »

Ferrari has revealed that its new car will be called the F150, with it set to be revealed in Maranello live on Italian television this Friday. For 2011, Fernando Alonso and... read more »

Team Lotus – formerly known as Lotus Racing and poised to enter its second Formula 1 season in 2011 – has confirmed to GPUpdate.net that its 2011 test and reserve drivers... read more »

With competitors reporting undriveable conditions and the local radar predicting even heavier rain ahead, the FIA has reserved a 10am timeslot for Sunday morning qualifying at... read more »