Niki Lauda has hailed Pirelli's move to alter the design of its race tyres ahead of the 2013 Canadian Formula 1 GP in June.
Most Formula 1 teams apparently cannot afford the annual fees quoted by the builders of 2014's all-new turbo V6 engines.
Pirelli has decided, six races into the 2013 season, to change the tyres it supplies to Formula 1 - a big setback for teams which made it work.
McLaren's Formula 1 engine deal with Honda from 2015 is a vital step to ensure the team can stand up to Ferrari and Mercedes.
Ferrari's Fernando Alonso is the third-highest international earner in sports, according to Sports Illustrated.
The signs that Daniel Ricciardo is a real candidate to replace Mark Webber at Red Bull in 2014 are growing stronger.
Bernie Ecclestone's lawyers have reiterated that did not bribe a German banker during the 2005/6 sale of a stake in his company, Formula One.