Stefano Domenicali resigned as principal of Ferrari’s Formula One team following its poor start to the season.
Federal Reserve policy makers meet for the first time under Chair Janet Yellen, who has pledged to continue gradual reductions in monthly bond buying as long as the U.S. economy improves.
Lewis Hamilton of Mercedes was fastest in a practice at the season-opening Australian Grand Prix, as Formula One teams get used to new engines that may undo Red Bull’s dominance.
Formula One’s ruling body is pursuing plans for a cost cap on team owners including Ferrari SpA, McLaren Group Ltd. and Red Bull GmbH even as some of their executives describe the idea as unworkable.
Red Bull drivers Mark Webber and Sebastian Vettel were left ruing their crash that allowed McLaren’s Lewis Hamilton and Jenson Button to clinch a 1-2 finish at yesterday’s Turkish Grand Prix in Istanbul.
Lewis Hamilton gambled on a two-stop strategy to win the Canadian Grand Prix for a third time and move ahead of Fernando Alonso and Sebastian Vettel atop the Formula One drivers’ standings.
Three-time Formula One world champion Sebastian Vettel has agreed on a contract extension with Red Bull to the end of 2015, his team said in a statement.
Sebastian Vettel of Red Bull won the Singapore Grand Prix today, his third straight victory, to extend his lead in the Formula One drivers’ standings.
World champion Sebastian Vettel of Red Bull won the Abu Dhabi Grand Prix today, equaling Michael Schumacher’s seven consecutive wins in a Formula One season.
Today’s Monaco Grand Prix was halted six laps from the end after a crash involving Renault’s Vitaly Petrov. The race is due to resume, with Red Bull’s Sebastian Vettel in the lead.
"In terms of the championship it's looking a bit better after the race today."
- Sebastian Vettel on Nov 18, 2012