Formula One News — November 2004

British American Racing's parent company British American Racing (Holdings) Ltd. is looking to go into administration. The company is the parent of the important subsidiary British American Racing GP Ltd., which was the company which BAR (Holdings) Ltd. bought from the Tyrrell Family and which is the signatory organization to the Concorde Agreement.

As we exclusively predicted earlier this week Honda has bought into British American Racing. David Richards will now stand down and Nick Fry will take over. For the next three months there will be a period of transition during which Richards will pull back from BAR and Fry will pull out of Prodrive.

Red Bull Racing has confirmed that Formula 3000 champion Vitantonio Liuzzi will be one of the drivers at the forthcoming Barcelona test on November 24-26.

The new GP2 series is not going to have qualifying sessions. The grids being established by the finishing order of the previous race. The starting grid for the first race will be established by a pre-season test to be held at Paul Ricard.

As we exclusively predicted yesterday, there are serious moves going on between Honda and British American Tobacco regarding the sale of the BAR-Honda team to the Japanese automaker.

The recent pushing and shoving in Formula 1 circles has been relatively quiet as F1 team people recover from the long F1 season. But now the entries are closed for 2005 and it is anticipated that there will be 10 teams in the World Championship next year.

Rising American racing star Ryan Hunter-Reay is the subject of much speculation at the moment as he tries to decide whether to race in Champ Cars or in the Indy Racing League.

The new Red Bull Racing is currently readying an interim car with which to go testing in the next few weeks.

The future of Honda in Formula 1 is quite secure. The interesting thing is that rumours continue to circulate in Formula 1 circles that the Japanese manufacturer is going to be buying British American Racing.

The Republic of Ireland is to get a new broadcaster for the Grands Prix with the Setanta Sports channel taking over F1 next year from state-owned RTE.

Automobiles Ligier has now launched its Ligier JS47 Formula 3 car.

There are reports from Austria that Red Bull's masterplan for the A1 Ring may not be running smoothly as first reports would suggest.

The question of drivers at Red Bull Racing has had the British press in a state of some excitement these last 24 hours because team boss Tony Purnell did not say that David Coulthard had no chance of a drive with the team.

The idea of an all-Dutch team at Minardi has been floating around since the summer - but that does not mean it is going to happen.

Red Bull is an Austrian company, and while there is no intention to move the team out of England there is a strong case now for the return to the Formula 1 calendar of the Austrian Grand Prix.

Tony Purnell, the team principal of the new Red Bull Racing says that there is no decision yet as to drivers for the 2005 season.

Jaguar Racing boss Tony Purnell has reacted to the news that the team has been bought by Red Bull.

Richard Parry-Jones has announced that Cosworth is being sold to Kevin Kalkhoven and Gerry Forsythe and says that it was "the best feasible outcome" in the situation.

Jordan Grand Prix this morning announced that it has signed a deal to use Toyota engines in 2005, but it does not mean that Jordan tomorrow will be the same as Jordan today.

The Ford Motor Company has confirmed that Red Bull is the new owner of Jaguar Racing, and Ford has also said that the engine company will be sold to Kevin Kalkhoven and Gerald Forsythe.

The Ford Motor Company has been receiving considerable criticism in the media since the announcement that it is walking away from Formula 1.

There will be an announcement about the future of Cosworth Racing and we expect that the event will mark the confirmation of the sale to Kevin Kalkhoven.

It was a star-studded podium for the annual Granja Viana 500 kart race in Brazil on Sunday.

The news that the new Red Bull F1 team will use Cosworth V10 engines in 2005 is confirmation that the sale of Cosworth racing must also have gone ahead, although no announcement has yet been made to that effect.

Jordan Grand Prix has concluded an agreement with Toyota Motorsport GmbH for a supply of engines in the 2005 Formula 1 World Championship season.