Nick Fry has resigned from his post as chief executive of Mercedes Grand Prix and has been replaced by Mohamed Badawy Al Husseiny, the chief executive of the Aabar investment fund which owns 30% of the team.

David Coulthard was back behind the wheel of a racing car last week as he drove a DTM contender in southern Spain on Thursday and Friday. Having already spent a full season out of Formula 1, the Scot has admitted that a desire remains to return to motor racing.

The Lotus team has confirmed to GPUpdate.net that test and reserve driver Fairuz Fauzy will be the first to drive as the 1Malaysia team makes its official testing debut at Jerez on Wednesday.

Tyre manufacturer Michelin is believed to be in talks with Formula 1 governing body the FIA with regards to a possible return to the sport next season. The French company withdrew at the end of 2006 as F1 switched to a one-make series for tyres, although Bridgestone has announced that the upcoming campaign will be its last.

Michael Schumacher to keep a low profile, teams brace for more wet testing, plus other stories and rumours.

Former Formula 1 world champion Kimi Raikkonen says he is encouraged by his World Rally Championship debut for Citroen after finishing 30th in Sweden.

If the ten teams present in Jerez thought last week's weather conditions were tricky enough for testing, frustration levels are set to rise yet further this week as predictions for worse weather point towards a highly interesting development period on the run-up to the start of this year's World Championship.

Michael Schumacher admits that he may have to adapt a more aloof strategy as he returns to full-time Formula 1 racing this year. The 7-time World Champion has widely been viewed as a more open figure in the media since his retirement in 2006 but does not deny the fact that a place for privacy is always necessary.

Felipe Massa racked up a stunning total of 160 laps before the first of two Jerez test sessions came to a close on Saturday afternoon. In doing so, the Brazilian Ferrari driver recorded a best of 1:21.485 for seventh position on the timesheets whilst confirming his stamina levels following his shocking Hungary 2009 qualifying crash.

Kimi Räikkönen remains upbeat after competing in his first World Rally Championship event at the weekend. The 2007 Champion switched from Formula 1 with Ferrari to the Red Bull Junior Team for 2010, finishing 30th overall in Sweden.

Kimi Räikkönen remains upbeat after competing in his first World Rally Championship event at the weekend. The 2007 Champion switched from Formula 1 with Ferrari to the Red Bull Junior Team for 2010, finishing 30th overall in Sweden.