| Former F1 man becomes big... (GrandPrix.com) Ford may be on the verge of bankruptcy but it seems that such matters are not important in the overall scheme of things as it has just announced the appointment of Jost Capito as Director, Global Performance Vehicles and Motorsport Business Development. | Credit Suisse axes 11% of... (GrandPrix.com) BMW Sauber sponsor Credit Suisse, Switzerland's second-largest bank, has announced that it is axeing 5,300 jobs and scrapping bonuses for its top executives after losing $2.5 bn in the last two months. This amounts to around 11% of the company's workforce. | Brawn and Fry 'committed' to... (AutoSport.com) Honda Racing CEO Nick Fry and team principal Ross Brawn are 'deeply committed' to finding a buyer to save the team, a senior figure within the Brackley-based outfit has confirmed. | Honda to announce retirement... (F1Racing.net) According to the latest reports in British media the Honda Formula 1 team will announce its retirement from Formula One on Friday morning. The Brackley based team will close down its factory if no buyer is found with a few weeks. | De La Rosa: We have a lot to... (PlanetF1.com) McLaren will try out a 'lot of new things' on their car during next week's testing in Jerez.' |
