Motorsport

The Yota Devices has acquired a minority stake in Lotus as part of an agreement that will guarantee the smartphone manufacturer branding exposure on the Formula One team’s cars.

Formula E, the International Motorsport Federation’s (FIA) new electric racing series, has announced that its new headquarters and team facilities will be based within the grounds of the Donington Park circuit in the UK.

US private equity firm Bluewaters Communications Holdings has had a $650m (€477.9m) lawsuit against Formula One chief executive Bernie Ecclestone dismissed by the New York Supreme Court, according to the Autoweek website

A group of motor racing aficionados have formed a new touring cars series which aims to provide access to motorsport without the traditional barriers to entry of uncertain budgets and internal politics.

Gene Haas, co-owner of Nascar motor racing team Stewart-Haas, has entered an application to launch a new American Formula One team through his Haas Racing Developments outfit.

Ron Dennis has replaced Martin Whitmarsh as group chief executive of the McLaren Formula One team.

Pirelli has announced a three-year extension to its status as the exclusive supplier of tyres to the Formula One motor racing championship.

The Munich state court confirmed today (Thursday) that Formula One chief executive Bernie Ecclestone will face charges over payments to a German banker when the motor-racing series was sold to private equity group CVC Capital Partners in 2005.

Formula One team Lotus has confirmed that talks have ended with potential investor Quantum Motorsport, but chairman Gerard Lopez has maintained the motor racing outfit’s financial future is secure.

Ex-Formula One motor racing team Onyx Racing has joined forces with industrial coatings, aerospace and automotive manufacturing specialist Arlington Industries Group to enter a team in the World Touring Car Championship (WTCC).

Patrick Louis has stepped down as chief executive of Lotus as part of a senior management reshuffle at the leading Formula One motor racing team, according to the Autosport website.

Formula One Group chief executive Bernie Ecclestone has said he considered staging New Jersey's Grand Prix of America on a permanent track, rather than the street circuit that has suffered numerous difficulties in its development schedule.

The Austrian Grand Prix’s return to the Formula One calendar has been confirmed after local authorities gave their approval for their event.

Ferrari president Luca di Montezemolo has expressed his doubts that a cost cap will be the correct method to address escalating spending in the Formula One motor racing series.

Russian Grand Prix organisers have announced the appointment of Abu Dhabi GP mastermind Richard Cregan to oversee preparations for the country’s inaugural Formula One race in Sochi this year.

Qatari telecommunications group Ooredoo has announced a sponsorship deal for 2014 with the country’s multi-sport star Nasser Al Attiyah.