Formula One News — July 2002

The Kirch Media company, the firm which controls ProSiebenSAT.1, Germany's largest free-to-air TV broadcaster, is likely to be taken over within the next few days.

The name Perry McCarthy may not be well-known by racing fans of today but those who have been following the sport for more than 10 years will remember Perry as the man who tried to make it to Formula 1 without any backing at all.

The FIA has revealed details of its website to which racing fans can send their messages with ideas about what the federation should do about the problem of team orders in Formula 1.

<b>British Grand Prix Friday Afternoon Free Practice Report</b>

The talk in the Silverstone paddock on Friday afternoon was whether or not Arrows would be running on Saturday - but the more important question was whether or not the team will survive in the longer term.

It has been a busy few days for F1 team bosses with David Richards of BAR being honored by the Motorsport Industry Association.

James Grosfield, who helped to restructure the CART organization under Chris Pook, has re-signed.

The Arrows team will have to wait until later today to hear whether or not a judge will agree to let the team be sold to new investors.

The Grand Prix World Championship BV company is to make a presentation to the Formula 1 teams at Silverstone on Friday.

Jean Todt arrived at Silverstone on Thursday aboard the Williams team's helicopter.

The Arrows team has asked the FIA to extend scrutineering until 10.00 tomorrow morning in the hope that a solution will be found overnight to the problems which look likely to put the team out of business.

Lisa Dennis, the wife of McLaren boss Ron, has announced plans for a range of books and related merchandise surrounding the adventures of two racing cars Mac and Lauren.

The decision handed down by the High Court in London against the Arrows team in its case against Morgan Grenfell would seem to suggest that the team has reached the end of the road in Formula 1.

Eduardo Duhalde, the president of Argentina has announced that the country will have presidential elections in March next year.

The West McLaren Mercedes Team will introduce new temperature controlled suits for the pit crew.

The 17-page judgement against Arrows in the High Court in London proved to be a damning indictment of the way in which the company has been run in recent years.

The question over the ownership of Arrows has been confused in recent weeks.

Jaguar Racing boss Niki Lauda is hard at work trying to convince the Austrian drinks company Red Bull to put its financial weight behind his team.

There is a bit of excitement in F1 circles about Jenson Button's future.

The Goodwood Festival of Speed is to attract an amazing field for this year's event.

The French government has responded to stories that it is going to re-nationalize France Telecom.

Canal Plus is coming to the end of its pay-per-view deal with Formula One Management and the chances of the deal being extended are relatively small.

Former World Champion Damon Hill will be out in a Minardi two-seater at Donington Park.

Freddie Martin-Dye is going to win a Grand Prix within the next 14 years - if his father has anything to do with it.

The French government is considering renationalizing France Telecom unless things improve for the company.