Formula 1 Could Return to Turbo 4-Cylinder Engines for 2013 Season

Rumors are circulating the web about the possibility of a return to four-cylinder, turbo charged engines. The last time a Formula One race car used a four cylinder unit was back in 1988. Since then, the engines have grown in size and the cylinder count has varied, but all engines have been normally aspirated.

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Red Bull X1 Prototype Makes The Jump From Digital To Physical

Red Bull’s much hyped X1 prototype, designed to be the ultimate expression of a race car, no longer exists within the digital confines of Gran Turismo 5.

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Audemars Piguet Announces Jarno Trulli Chronograph

It’s one thing to sponsor a driver, but it’s only a few who are honored with their very own watch. Swiss watchmaker Audemars Piguet has chosen to honor Italian F1 driver Jarno Trulli with his very own timepiece.

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Michael Schumacher's First World Championship F1 Car Can Be Yours for $2 Million

It’s hard to believe it’s been 16 years since Michael Schumacher stormed onto the scene. Seven Formula One championships later, you can own a piece of Schumacher and Formula One history… if you’ve got a couple million dollars lying around: $2.08 million to be exact.

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The Racepresso Gives F1 Fans and Coffee Lovers a Supercharged Boost

Vroom, Vroom! Get your morning revved up with a caffeine jolt from The Racepresso.

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1995 McLaren F1 to Hit the Block at Gooding & Co. Pebble Beach Auction
Fifteen years old is a rough age for a car. Most cars are just about bottomed out in terms of value around this age, even such “normal” supercars as the Ferrari F50, First-gen Zonda, and Lamborghini Diablo, all of which can be had for around half of their original asking prices. But what about the McLaren F1? The former record-holder for the fastest production car in the world doesn’t go down in value without a fight. In fact, it doesn’t go down in value at all. This particular example, #62, was purchased new in California by Oracle CEO Larry Ellison, for the paltry sum of $1.4 million. Fifteen years later, when Gooding and Co. puts the F1 on the auction block at Pebble Beach (that’s 2 weeks, people), this F1 is expected to draw between $2.5 and $3.5 Million.

This doesn’t surprise us at all, since the F1 is pretty much right at the top of every car guy’s list of dream cars. But with only 74 roadgoing examples ever produced, the odds of seeing one in person, let along driving or owning one, are hovering between “snowball’s chance in hell” and “peace in the middle east.” Demand will forever outweigh supply for a car like this, and they change hands so rarely, it almost always makes news when an F1 finds a new home. Hit the jump to check out the official press release and some high-resolution images of Larry Ellison’s McLaren F1.

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Toyota Returning to F1 in 2011, Partnering With Hispania Racing

After dropping out of the world’s most prestigious (and expensive) motorsports series in 2009, Toyota may get back into the Formula 1 circuit next season. According to a report by Italian website 422race.com, Toyota is close to inking a deal with Hispania Racing (HRT), after the team reportedly managed to secure funding for next season. HRT joined F1 for the 2010 season, running at the back of the grid. It has since canceled its agreement with Italian chassis0-builder Dallara and has been looking for a new partner.

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Jacques Villeneuve Returning to F1 as a Team Owner

Former Formula 1 World Champion Jacques Villeneuve will return to the sport next year as a team owner. Villeneuve announced his plans recently, confirming rumors that funding for the project would come from Italian based Durango – which is owned by the son of Libyan leader Muammar Gaddafi.

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Schumacher Rumored to Retire at Season's End; Ecclestone Blames Mercedes

When seven-time Formula One World Champion Michael Schumacher announced his return to motorsports, fans rejoiced and Mercedes was thrilled to have the best-known name in racing on its payroll. Since then, it’s been one disappointment after another, with the legend even being one-upped by his less-experienced team-mate Nico Rosberg.

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Ferrari to Use KERS System in 2011 Formula One Season

Ferrari has announced that it will run a Kinetic Energy Recovery System (KERS) in its Formula 1 cars next season. The team had tested a KERS system in 2009 but scrapped the plans for 2010 when all the competing manufacturers collectively agreed to avoid the system in a bid to cut costs.

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Taxpayers Foot $25 Million Bill For Formula One Race In Texas

There’s a reason they call Formula 1 “The Circus.” Not only are race days a dramatic spectacle that draw thousands of fans from thousands of miles away, but also they can pretty much demand anything they want from cities for the right to host races. These “sanctioning fees” are anywhere from $25 million to $50 million per year, just for the right to have a race.

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Formula 1 May Return To The United States At Monticello Motor Club

It’s been three years since Formula 1 last raced on American soil at Indianapolis Motor Speedway, but the owners of the exclusive Monticello Motor Club (essentially a country club with a race track rather than a golf course) are hoping that the sport will return to the United States at their venue.

According to a report in Autoweek, Ari Strauss, president of the Monticello Motor Club, has been sending overtures to F1 head honco Bernie Eccelstone, and has secured the blessing of F1 track architect Herman Tilke. Strauss, who is trying to obtain support from local, state and federal politicians, noted that “…securing F1 is like winning the Olympics; competition is fierce, and this is not a done deal.” Monticello is in a good position, since it’s 90 minutes from Manhattan and 10 minutes from a major airport. Hit the jump to read the full text of Strauss’ letter to club members regarding the race.

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FIA Looking To Bring Back 107% Rule For F1, Backmarkers Suddenly Doomed

FIA President Jean Todt is looking at re-instating the 107% rule as a means of whipping chronically under-funded under-performing teams into shape. The 107% rule gets its name from the stipulation that in order for a driver to qualify for a race, he must obtain a qualifying time within 107% of the polesitter’s time.

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VW May Enter Formula 1 Under Audi Or Porsche Moniker – How's That For Elitist?

The latest nugget of information surrounding Volkswagen‘s often-rumored foray into Formula 1 came at last weekend’s 24 Hours of Nurburgring race, with a VW executive claiming that the Volkswagen Group’s premium brands, like Audi or Porsche would be the best fit for the company’s shot at the world’s most prestigious motorsport.

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Toyota Has No Intention Of Returning To Formula 1, Will Stick With Turning Left

Toyota announced that they have no intention of returning to Formula 1, labeling the sport as “elitist” and a bad fit with the company’s customer base.

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