Mercedes Grand Prix CEO Nick Fry admits that 7-time World Champion Michael Schumacher would be an exciting prospect for the team, should the German elect to make a return to Formula 1 next season. Speculation continues to mount that the retired Ferrari driver may have already signed a contract to be team-mate to Nico Rosberg.

Mercedes Grand Prix CEO Nick Fry admits that 7-time World Champion Michael Schumacher would be an exciting prospect for the team, should the German elect to make a return to Formula 1 next season. Speculation continues to mount that the retired Ferrari driver may have already signed a contract to be team-mate to Nico Rosberg.

Renault will reveal plans surrounding its Formula 1 team on Wednesday, finally bringing an end to speculation surrounding the Enstone outfit since the end of the season. With three car manufacturers having left the sport within the space of a year, Renault's Wednesday announcement is set to 'present the position' of the team in F1.

Renault will reveal plans surrounding its Formula 1 team on Wednesday, finally bringing an end to speculation surrounding the Enstone outfit since the end of the season. With three car manufacturers having left the sport within the space of a year, Renault's Wednesday announcement is set to 'present the position' of the team in F1.

Eddie Irvine is sure that former team-mate Michael Schumacher would still be quick enough to make a return to Formula 1 next season. With rumours continuing surrounding a possible Schumacher comeback with Mercedes, Irvine does fear for the 7-time World Champion's abilities in a straight fight against younger drivers.

Eddie Irvine is sure that former team-mate Michael Schumacher would still be quick enough to make a return to Formula 1 next season. With rumours continuing surrounding a possible Schumacher comeback with Mercedes, Irvine does fear for the 7-time World Champion's abilities in a straight fight against younger drivers.

Fabio Leimer and Max Chilton will drive for the Ocean Racing Technology team in the 2010 GP2 Series.

São Paulo's Lucas di Grassi will make his Formula 1 debut in March as Virgin Racing takes to the grid for the first time. Reunited with 2007 GP2 rival Timo Glock, the Brazilian's partnership with Virgin is a cocktail of old and new - he explains why.

Alex Tai looks forward to Virgin Racing's first season after the Sheffield-based team made its first ever team presentation on Tuesday. With the driver line-up fully confirmed in London, Tai's own role within the organisation was also revealed to the large media turnout.

Michael Schumacher is all-but certain to return to Formula 1 with Mercedes next year, Timo Glock predicts.

Nico Rosberg admits the pressure is on Mercedes to win the world title in 2010, plus other stories and rumours.

John Booth admits that he never aimed to reach Formula 1 due to the expensive nature of the sport. A past Formula Ford racer for six seasons, John competed against none other than eventual triple World Champion Ayrton Senna before deciding to set up his own racing team.

A positive Richard Branson is confident that the new Virgin Racing team can, over time, achieve the maximum goal in Formula 1. Having taken over the Manor GP team, Virgin will be in the sport as a outfit itself next year after enjoying a massively successful sponsorship of the Brawn team in its debut, championship-winning season.

The Virgin Racing team was officially launched in London this morning, where it was confirmed that one of the sport's four new entrants, the LDC backed Manor Grand Prix, has teamed up with Virgin - to mount a serious challenge in the F1 World Championship

Sir Stirling Moss is the latest name to be added to the list of drivers who will be visiting the Autosport International show in January. Based at Birmingham's NEC (National Exhibition Centre), GPUpdate TV will also be present in order to bring the latest in video interviews.

Wirth Research has designed Formula 1's first ever car without a wind tunnel. The car, which will be raced under the Virgin Racing banner in 2010, has been generated by state-of-the-art Computational Fluid Dynamics technology.

The design process of Virgin Racing's first ever Formula 1 contender will not at any point involve a wind tunnel, the Sheffield team has revealed. Designed by Wirth Research, based in Oxfordshire, the first Virgin car will be produced entirely with CFD (Computational Fluid Dynamics) technology.

Brazilian Lucas di Grassi joins Timo Glock as Virgin announce a title sponsorship deal with new team Manor Grand Prix.

As well as confirming Lucas di Grassi as team-mate to Timo Glock on Tuesday, Virgin Racing has named Portugal's Álvaro Parente and Brazil's Luiz Razia as the team's two official reserve drivers.

At this morning's media launch in London, Virgin Racing has officially confirmed that Brazilian Lucas di Grassi will partner Timo Glock in the team's debut season.

Virgin Racing has revealed that Lucas di Grassi will be partnering Timo Glock as the team prepares for its first season of Formula 1 next year. With the German having been confirmed at the team just under a month ago, the arrival of the Brazilian signals a move from Renault after spending six years with the French marque.                     

Tony Fernandes is sure that his first ever Formula 1 driver pairing will be a successful one as he prepares to bring the legendary Lotus name back to the sport next season. With Jarno Trulli and Heikki Kovalainen on-board, from Toyota and McLaren respectively, the Norfolk-based team can boast two race-winning drivers.

Virgin Racing will be confirming Lucas di Grassi as its second driver alongside Timo Glock on Tuesday, GPUpdate.net can reveal. At London's Notting Hill ahead of the first official presentation of the team, the former Renault driver is present and included in proceedings.

Nico Rosberg is eager to discover whether or not 7-time World Champion Michael Schumacher will soon be revealed as his Mercedes team-mate for the 2010 season. Reports in the German media have already said that the former Ferrari driver could be revealed as a pilot at the Brackley-based team as early as this week.

As speculation linking Michael Schumacher with a dramatic return to F1 with Mercedes mounts, Ferrari president Luca di Montezemolo has said that Ferrari will not stand in the German's way should he opt to make such a move.