The American Cypher Group has announced that it has decided to drop out of the running for team selection ahead of next season. The group of former US F1 engineers plus others was looking to become the sport’s first-all American team although a statement has been released on Friday evening.

McLaren driver Jenson Button has said that he would quit the sport should the FIA remove the current ban on team orders.

The mysterious Cypher Group has announced that it has withdrawn its proposed entry in the 2011 world championship.

Hungarian GP: Friday Press Conference

McLaren's Martin Whitmarsh says teams should be allowed to do what they want with drivers as team bosses urge the sport to clear up the team orders rule.

After claiming pole position for Spa’s Race 1 this morning before duly taking the chequered flag, British Formula 3 championship leader Jean-Eric Vergne has climbed from seventh on the grid to the top step of the podium once again for Carlin in the second round this afternoon, with Felipe Nasr and leading Briton Daniel McKenzie joining him.

Lewis Hamilton and Jenson Button concede they are facing damage limitation after McLaren were off the pace in Friday practice.

Jenzer Motorsport enjoyed a 1-2 finish in the sole half-hour GP3 practice session in Hungary on Friday afternoon, with Switzerland’s Nico Müller leading the way from Norwegian team-mate Pål Varhaug as championship leader Esteban Gutiérrez finished third for ART and Renger van der Zande’s Mücke crashed at Turn 11.

McLaren seek a clarification from Formula 1 bosses on the legality of the Red Bull car.

Virgin Racing drivers Timo Glock and Lucas di Grassi reported no car issues as they finished practice 20th and 21st quickest in Hungary on Friday.

Virgin looks back at today's free practice sessions in which its drivers finished 22nd and 23rd overall