Motorsport's governing body proposes a new scoring system for Formula 1 next season, with the winner earning 25 points.

Reports on Thursday explain that, following deliberations within the company, Renault will stay on in Formula 1 next season. With Honda, BMW and Toyota all having left the sport within the space of a year, the French marque had looked set to become the fourth to do so although the Enstone squad now looks likely to remain.

Renault will continue in Formula 1 next year after a deal is reached to secure the team's future.

Virgin Racing has announced that it is to hold a media event in London next week in order to unveil the "worst kept secret in motor racing".

The F1 Commission has agreed that the Brawn team will be allowed to change its chassis name from Brawn to Mercedes next season.

The FIA has revealed that the F1 Commission has proposed that a new points system be introduced in time for the 2010 season.

As well as suggesting a new top ten scoring system on Thursday, Formula 1 governing body the FIA has confirmed that the Brawn GP team will be able to switch its name to Mercedes GP for 2010, owing to the German manufacturer's long-time association with the sport.

Formula 1 governing body the FIA has suggested that the top ten finishers should be awarded World Championship points as the field increases in size next season. The proposal would see race winners collect 25 points as opposed to 10 and a margin of 5 between the leading two positions.

The general manager of strategic planning for the circuit due to host South Korea's inaugural Grand Prix next season says that work is on target and should be complete by July.

South Korea's first ever Grand Prix venue continues to make progress as the country prepares to make its debut on the Formula 1 calendar next season. With the mid-October event set to begin the final trio of races for the year, organisers claim construction work is now more than halfway to being completed.

A Prince of Qatar has become the first person from the emirate to drive a Formula 1 car after the Williams team offered the opportunity this week. His Highness Sheikh Khalid bin Hamad Al-Thani piloted the 2009 FW31 at the Losail circuit, labelling the day as 'an amazing experience'.

All 13 Formula 1 teams plan to unveil their 2010 cars together for the first time in January

Formula 1 team representatives have explained that the possibility of presenting all new cars together could be a cost-cutting method and a kick-start to the 2010 championship. A January date for the Spanish city of Valencia has been suggested for what would, in principal, be F1's first ever multiple launch.

A majority of the teams are keen on holding a joint launch of their 2010 cars, with Valencia looking to be the most likely venue.

Nick Fry is confident that the internet should be considered more when it comes to promoting the overall brand of Formula 1. The CEO of the Mercedes team feels that Bernie Ecclestone's Formula One Management (FOM) had previously felt that promoting more online coverage could hinder viewing figures elsewhere although that feeling is now changing.

Timo Glock defends decision to move to Manor, Abu Dhabi wants to be last race in 2010, plus other stories and rumours.

The successful F1 in Schools initiative has been awarded the Pioneering and Innovation prize at the annual Autosport Awards this week. The setup, which sees well-known Formula 1 faces travel to various locations in order to meet budding new engineers, picks up the gong which has previously awarded to various concepts.

Lotus F1 Team Principal Tony Fernandes has said that the Lotus sports car company is likely to buy a share of the Formula 1 team in the near future. The legendary name returns to the sport next year for the first time since 1994 and, with the car company now owned by Proton, the Malaysian manufacturer could be more closely involved the operation soon.

Timo Glock has cast aside doubts surrounding the futures of both himself and the Virgin Racing team as he prepares for a brand-new venture next season. With Toyota having departed the sport, the German will be the Sheffield team's leading driver as its debut Grand Prix showing takes place.

Ahead of tomorrow's publication of the official 2010 calendar, Abu Dhabi GP organizers have admitted that they are hoping for a slot swap with Brazil.

Organisers of the Abu Dhabi Grand Prix are still hoping that their race can once again bring the curtain down on the Formula 1 season. After hosting its inaugural race and the final showdown of the 2009 campaign, the event at Yas Marina is currently set to host the penultimate Grand Prix of next year.

Tony Fernandes has been thrown an added motivation ahead of the 2010 season, as he prepares to lead the Lotus name back into Formula 1. With his Tune Group being the company behind airline AirAsia, the Malaysian businessman is keen to ensure rivals Virgin Racing are behind on the track.