Tagged: Formula 1

Genii Capital buys “large stake” in Renault F1 team 1

Genii Capital buys “large stake” in Renault F1 team

Renault has decided to maintain its commitment to Formula One and welcomes the perspective of a strategic partnership with Genii Capital, a Luxemburg based firm specialized in new technologies, brand management and motor sport. Following the proposed sale of a large stake of Renault F1 Team to Genii, both partners will operate the team together. The letter of intent signed by the two companies should be concluded in early 2010.

In 2010, the team will retain its name, its identity and the core ingredients that led to the successes achieved in 2005 and 2006. The team will continue to be supplied with engines by its sister company in Viry-Châtillon, which is also pleased to have received a renewed commitment from Red Bull Racing for the 2010 season.

Barrichello wins in Italy as his second victory of season 0

Barrichello wins in Italy as his second victory of season

Brazil’s Rubens Barrichello led home a deserved Brawn 1-2 at Monza this afternoon, taking full advantage of a one-stop strategy to leapfrog pole-sitter Lewis Hamilton. The Briton had been set to take a comfortable third place but crashed on the final lap after pushing too hard for second.

At the start, top-three starters Hamilton, Sutil and Räikkönen all had reasonable starts, with Räikkönen getting the best getaway only to have his chance of taking the lead scuppered by being pushed onto the grass by Hamilton. Behind, Heikki Kovalainen lost three places on the opening lap, as Barrichello, Button and Liuzzi all found their way by.

Hamilton was the first of the two-stoppers to pit as planned on lap 15, four laps earlier than then rival Räikkönen. Nevertheless, Lewis was able to keep ahead of the Finn, but a sterner challenge was coming from even further behind from the one-stopping Brawns.

Raikkonen wins in Spa as Ferrari’s first win of season 0

Raikkonen wins in Spa as Ferrari’s first win of season

Kimi Räikkönen took Ferrari’s first victory of 2009 in a thrilling Belgian Grand Prix this afternoon, after being pushed until the very last lap by Force India’s Giancarlo Fisichella who scored his team’s first podium and points in second place. Red Bull’s Sebastian Vettel put in an equally impressive drive to finish third.

After starting sixth, KERS helped Räikkönen to consolidate second place by the end of the first lap, by which time the field was bunched up behind the safety car following a four-car crash at Les Combes, taking out championship-leader Jenson Button. But once the safety car pitted, the crucial moment of the race saw Räikkönen overtake Fisichella out of Eau Rouge thanks to his KERS.

Barrichello wins European Grand Prix 0

Barrichello wins European Grand Prix

Brazil’s Rubens Barrichello secured his first Formula One victory in almost five years with an impressive display on the streets of Valencia this afternoon. Despite starting third, and keeping his position off the line, Barrichello picked off Kovalainen and Hamilton in consecutive pitstops, to eventually win with ease and put him back in the championship fight.

With fellow championship contenders Button, Webber and Vettel falling from contention for the win early on, Barrichello has jumped to second in the championship fight, 18 points behind team-mate Button, who scored two points today. Both Webber and Vettel failed to score after a disastrous race for Red Bull.

Hamilton wins in Hungary 0

Hamilton wins in Hungary

It’s been over nine months in waiting, but Lewis Hamilton has finally secured his elusive tenth Grand Prix victory with a faultless drive from fourth on the grid, beating former world champion Kimi Räikkönen and Mark Webber to complete an unlikely podium. With the Red Bulls and the Brawns unable to provide a stern enough challenge to McLaren’s impressive pace, the Woking-based team ran home comfortable winners to take a victory that looked impossible just two races ago.

With Hamilton, Räikkönen and Webber locking out the podium places, Nico Rosberg secured his second consecutive fourth place finish. He just missed out on the podium when Mark Webber emerged ahead of him at the final round of stops and the German fell back from the Red Bull as the race neared its end. Heikki Kovalainen had to work hard in the final few laps to hold off Timo Glock for fifth, while Jenson Button picked up just two points for seventh after struggling with tyre wear and graining throughout the race. Jarno Trulli picked up the final point for Toyota, after getting pushed hard by Nakajima and Barrichello throughout his final stint.

Webber secures maiden pole in German Grand Prix 0

Webber secures maiden pole in German Grand Prix

Red Bull’s Mark Webber secured his maiden pole position for tomorrow’s German Grand Prix at the Nurburgring this afternoon, in what was a hugely entertaining and highly unpredictable qualifying. Rain mid-way through the qualifying hour caused chaos throughout the pitlane, before things finally settled down at the end of Q3 when pacesetters Red Bull and Brawn rose to the top of the timesheets.

After a chaotic qualifying session, the provisional grid for tomorrow’s grid reads: Webber, Barrichello, Button, Vettel, Hamilton, Kovalainen, Sutil, Massa, Räikkönen, Piquet, Heidfeld, Alonso, Nakajima, Trulli, Rosberg, Kubica, Buemi, Fisichella, Glock and Bourdais.

Vettel secures pole position in Button’s home grand prix Silverstone 0

Vettel secures pole position in Button’s home grand prix Silverstone

Sebastian Vettel stormed to his second successive pole position after dominating qualifying in Silverstone this afternoon. The German, who had topped both practice sessions yesterday, showed his hand in Q2 by going quickest, before eclipsing the field by over a third of a second in the decisive Q3 session, crossing the line just ten seconds after Rubens Barrichello to demote the Brazilian to second on the grid.

Button wins Turkish Grand Prix in front of two Red Bull’s 1

Button wins Turkish Grand Prix in front of two Red Bull’s

Jenson Button secured his sixth win from seven races today in Turkey to extend his championship lead to 26 points over team-mate Rubens Barrichello who failed to finish after a dramatic day. With title rival Sebastian Vettel finishing in third position, Button surely now is in a commanding position as he aims for the championship with Brawn Mercedes.

Vettel’s one error came on that first lap as he ran wide through turn nine and with his momentum lost, Button breezed by to take the lead exiting turn ten, one he would never relinquish.

Kovalainen tops Friday Practice 1

Kovalainen tops Friday Practice

Mc LAren driver Heiki Kobalainen surprisingly tops today’s Free Practice session today while it’s Rosberg who was fastest in first session as usual.

Here are driver comments after Friday practice sessions,

1 . H. Kovalainen – McLaren Mercedes MP4-24
“At the start of the session, the track was very green and it was quite hard to stay on the road – particularly in the opening corners. At first, the car was quite difficult to drive but we worked hard during the session and I think we found a very good balance. The most important thing is that the car is working fine – and the balance is surprisingly good. I think we’ve made another step forward so everybody in the team can be pleased about today. I still think it will be a tough fight to get into the top 10 tomorrow, but we’ll be trying the maximum to improve overnight so that we can join the fight. Overall, it’s very encouraging that we have made another step forward.”

Monaco Team and Driver Previews 2

Monaco Team and Driver Previews

Monaco is one of the most precious and unique circuits of Formula 1 calendar. As a street circuit it’s a combination of slow and twisty corners. All teams come here with a special package and mechanical setup is very important for success since all the teams use their maximum downforce available. It will be interesting to see how 2009 cars will behave at this circuits since they don’t have last years downforce levels thanks to the new regulations.

Brawn GP comes this race as favorites as they were the fastest at Barcelona circuit’s last sector which demonstrates Monaco characteristics. RedBull is expected to have their new Double-Decker diffuser solution at this grand prix. Ferrari is eying their first podium after a successfull demonstration of their upgrades at Spain Grand Prix.