Motorsport

The Silverstone race track – host of Formula One’s British grand prix – has reportedly been sold to a real estate firm.

MotoGP organiser Dorna is in talks with Indianapolis Motor Speedway (IMS) in a bid to extend its contract to host the Red Bull Indianapolis grand prix past next year.

Actress Pamela Anderson has become owner of the Race Alliance team competing in the FIA (International Motor Sport Federation)’s GT series.

Motor sports marketing agency JMI has appointed Chris Long as vice-president of international client services.

Formula One team, Mercedes AMG Petronas, are looking for a new marketing director following Bastien Hibon’s move to sport experience agency Limelight Sports.

Promoter of the Formula One Russian grand prix, Omega Center, has reportedly managed to resolve its dispute with the Russian Automobile Federation (RAF) concerning the staging of next year's race.

The International Motor Sport Federation (FIA) has agreed for tyre supplier Pirelli to rejoin its World Rally Championship (WRC) from next season.

The Russian Automobile Federation (RAF) has reportedly missed the deadline to apply for its scheduled Formula One grand prix in Sochi next year.

Formula One supremo Bernie Ecclestone and organiser of the Indian grand prix Jaypee Group have confirmed that the race will not take place in the 2014 season.

The German Touring Car Championship (DTM) has added China back onto its racing calendar for the 2014 season.

Private equity firm and Formula One owner CVC has reportedly refinanced a $2.5 billion loan with the Royal Bank of Scotland and Goldman Sachs.

The Emirates Motor Sport Federation has launched a new UAE Desert Championship event to start this October.

Formula One will hold two pre-season tests in the Middle East next year with Dubai, Abu Dhabi and Bahrain named as a possible host.

David Ward is reportedly considering standing against current International Motor Sport Federation (FIA) president Jean Todt in the elections at the end of the year.

BMW will exit the World Superbike Championship at the end of this year to focus on its customer sports programme.

Formula One paid just £1 million in corporation tax in the UK in 2011 despite profits in excess of £300 million, due to a series of complex tax arrangements, according to The Independent.

Poland is reportedly set to return to the World Rally Championship (WRC) calendar from the 2014 season.

Energy drink company Red Bull has issued a statement confirming that an agreement has been reached to see Formula One return to Austria for the 2014 season.