A ceremony took place today to officially name the University of Modena's Faculty of Engineering in honour of Enzo Ferrari in recognition of the Prancing Horse founder's steadfast commitment to its creation.

Virgin Racing's Richard Branson has targeted 10th place in the Constructors' Championship after learning that such a result would bring his team a £17m pay day.

Ferrari has held a three-day test for members of its driver academy at Fiorano.

Virgin Racing team owner Sir Richard Branson wants a top-10 finish - worth £17m - for his team in the 2010 world championship.

The excellent reliability of the CA2010 combined with the overall performance from the engine contributed to heightened competitiveness for Cosworth's teams, even if championship points proved elusive on Sunday afternoon.

Peter Sauber has admitted that his team has suffered an intolerable number of engine problems since the start of the season. Traditionally reliable, Sauber have experienced 12 retirements from 16 starts so far in 2010 and, although all may not have been engine-related, the Swiss Team Principal stresses that the supplier must raise its game.

Jacques Villeneuve continues to map out a Formula 1 return for next year, having narrowly missed out on a chance to make a comeback with Stefan GP in 2010. The French-Canadian, who visited the Montreal Grand Prix at the weekend, has placed NASCAR commitments on hold in order to prepare for F1 in greater detail.

Mercedes GP CEO Nick Fry insists that Michael Schumacher is still able to challenge for the 2010 title, despite being 75 points and the exact equivalent of three race wins off the Drivers' Championship lead following the first eight rounds of the season.    

Mercedes defend Michael Schumacher after his out-of-sorts performance in Canada and insist the German will improve.

Force India was able to pick up three points in Sunday's Canadian Grand Prix despite both Vitantonio Liuzzi and Adrian Sutil being victim to incidents on-track. From fifth and ninth on the grid, the Italian and German came home ninth and tenth after both overtaking the Mercedes of Michael Schumacher on the final lap.

Two-time world champion Fernando Alonso says that Ferrari's major upgrade for the European Grand Prix is just the start of a big push.

Ferrari's Fernando Alonso is delighted with his podium finish in Canada, admitting that, all things considered, it was a great result.

Fernando Alonso is confident that Ferrari can now be more secure with regards to its championship assault, having returned to the podium in Canada following difficult weekends in Monaco and Turkey. The Scuderia will introduce a significant aerodynamics update for its F10 next time out in Valencia.

Williams will most likely keep hold of both Rubens Barrichello and Nico Hülkenberg for the 2011 season, according to latest word in the paddock at the Canadian Grand Prix. Both men joined the Grove outfit at the start of the current campaign, replacing Mercedes-bound Nico Rosberg and Kazuki Nakajima.

Six national winners of last year's F1 in Schools project were treated to a tour of the Williams F1 factory in Grove, Oxfordshire earlier this month. The 'Velocity' team, consisting of four male and two female members, hail from the St. John Payne Catholic Comprehensive School in Chelmsford, Essex.

The only driver to serve as an FIA race steward at two Formula 1 events so far this year, Johnny Herbert will now oversee the likes of Paul di Resta and David Coulthard by becoming an adjudicator for this weekend's DTM round at the Norisring.

E3, the biggest global electronics exhibition, which is taking place in Los Angeles. isn't somewhere you would expect to find F1 news being revealed in a video presentation. However this is exactly what is on offer.

As per the cars' engine covers in Montreal last weekend, Sauber has launched the 'Sauber One Club' scheme which will allow business clients to rent out facilities at the team's Hinwil factory in Switzerland.

Yet more proof that Bernie Ecclestone is the only man who knows how to broker deals in F1.

This year's Canadian Grand Prix drew in a larger number of spectators from overseas than ever before, delighting new race promoter Francois Dumontier. With several new grandstands in position, last weekend's event at the Circuit de Gilles Villeneuve also enjoyed fine weather conditions as well as a sell-out crowd.