Formula One News — July 2000

JULY 3, 2000

Toyota's latest plans

TOYOTA held its annual shareholders meeting in Tokyo last week and it was confirmed that the company will not enter Formula 1 until 2002.

Ecclestone lands commercial rights to F1 for 100 years

BERNIE ECCLESTONE has pulled off an amazing new deal with the FIA to exploit the commercial rights of the Formula 1 World Championship for the next 100 years.

Peugeot decides to stay in F1

ALTHOUGH it was not officially announced at the French Grand Prix we understand that Automobiles Peugeot has decided that it is not going to sell its Formula 1 technology to a third party as had been discussed and is planning to buy a Formula 1 team instead and run the operation itself.

JULY 2, 2000

Launch of new safety initiative by the FIA

MOTORSPORT's governing body, the FIA, on Sunday launched a new road safety document hours ahead of the French Grand Prix.

JULY 1, 2000

No rest for Hakkinen as he prepares for French Grand Prix

MIKA HAKKINEN will be working through the night with his engineers to try and get his McLaren-Mercedes car at optimum performance after a disappointing qualifying session for the French Grand Prix.