Williams, Formula One’s only publicly traded team, hired Felipe Massa to replace Pastor Maldonado next season.
The 1994 racer in which Michael Schumacher won the first of his seven Formula 1 titles sold for 617,500 pounds ($1.01 million) at a classic-car auction that included the highest price ever paid for a commercial vehicle at a public sale.
Honda Motor Co. will return to Formula One as an engine supplier to help develop its technology after exiting the racing series in 2008.
Ferrari’s Fernando Alonso won the Chinese Grand Prix to give the 2013 Formula One world championship different winners from the first three races.
Sebastian Vettel of Red Bull clinched a third straight Formula One drivers’ title with a sixth-place finish at today’s Brazilian Grand Prix.
Frank Williams has struggled to keep his Formula One team going since 1969. As success eludes it and sponsors abandon the sport, he may have found an elixir: selling racing-car technology.
Gordon Murray’s quest to reinvent automaking started in a traffic jam.
A Formula One car driven by Ayrton Senna may fetch as much as 750,000 pounds ($1.2 million) next month as fans of the late racer vie with classic-car collectors.