McLaren test driver Gary Paffett set the pace on Day 2 of the rookie test at Jerez, where twelve drivers were on duty for nine teams.

2009 Formula Three Euroseries champion, Jules Bianchi, currently testing with Ferrari at Jerez, is understood to have signed a "long term" contract with the Maranello outfit.

On the second day of the young drivers test at Jerez McLaren's Gary Paffett topped the timesheets. Paffett completed his fastest lap of the day in 1.18.718 in the South of Spain. His fastest time was almost half a second faster than anyone else.

Today's times from Jerez, the second day of 'rookie testing'.

Frenchman Jules Bianchi has signed a contract for more multiple years with the Ferrari Formula 1 a Ferrari spokesperson told GPUpdate.net. Bianchi joined Ferrari for two days of testing in the South of Spain.

Scottish driver Paul di Resta finishes with the second-fastest time in the first day of Formula 1's young driver test in Spain.

The organisers of the Canadian Grand Prix hope to see Jacques Villeneuve return to Formula 1 next season. The Canadian is linked to Lotus F1 and if Villeneuve would need any help to seal a deal in F1 for next year's grid the organisers of the Grand Prix in Montreal are more than happy to help.

The Lotus Formula 1 team will most likely confirm its driver line-up as early as next week according to Malaysian information source 'The Star'. Their information is based on an interview with Lotus F1 chief executive officer Riad Asmat who said the team hopes to announce its driver's line-up by next week.

Young drivers set their sights on F1 seats, fresh blow to hopes of reviving the French Grand Prix, plus other rumours.

British F3 National Class and A1 GP star, Adam Carroll, has revealed that he is in the "middle of negotiations" for an F1 drive next season.

A1GP champion Adam Carroll has said he is in the middle of negotiations with one of the new teams coming into Formula 1 nest season. The Ulsterman has revealed he is hopeful of finally entering Formula 1's prestigious grid.

Hopes of France returning to the F1 calendar have taken a further knock following news that plans for a purpose built track at Flins-Les-Mureaux have been abandoned.

Twenty-one year-old Indy Lights champion JR Hildebrand was invited by Force India to join the team for a three-day test at Jerez this week. The American completed 49 laps with a best time of 1.20.537, the fifth quickest time of the morning. As track conditions improved overall times dropped and his lap was eventually the 10th quickest of the day.

On Tuesday Paul di Resta returned behind the wheel of a Formula 1 car. After having tested with McLaren in the past the Scotsman was invited by Force India for this week's test at Jerez. On Tuseday afternoon Di Resta started his programme with the Indian team in the South of Spain.

No less than half a dozen British Formula 3 drivers are piloting Formula 1 cars in Spain this week, thanks to their notable performances in the championship based in, chiefly, the United Kingdom. With Champion Daniel Ricciardo being one of the names on the entry list, all six men hope to emulate the same number of drivers who raced to BF3 titles before going on to clinch the F1 crown at a later date.

Andy Soucek finished fastest for Williams on his Formula One test debut for the team today (Tuesday), the Spaniard ending the day more than two tenths clear of his nearest rival.

F2 champion Andy Soucek has described his test with the Williams F1 team as a 'dream' after topping the timesheets in Jerez, Spain on Tuesday.