cosworth

Former F1 World Champion Jacques Villeneuve has confirmed that he 'will return' to the top flight following a three-year hiatus in 2010 - as speculation intensifies that the French-Canadian either has signed or is soon to sign a deal with American newcomers USF1.

Formula One bosses appear poised to have to fend off another controversy ahead of this weekend's German Grand Prix, amid claims that they 'hand-picked' newcomers for the 2010 championship based on their willingness to use Cosworth engines.

The Cosworth name will return in force to Formula One next season, following confirmation that the three newcomers on the 2010 entry list will all use the company's bespoke V8 powerplant.

Austrian financial concern Superfund believes that it can benefit commercially from an entry into next year's Formula One world championship, following the announcement that it was to join other hopefuls among the potential additions to the field.

FIA president Max Mosley has written to Formula One teams to further explain his vision for bringing down costs in Formula One, after revealing the FIA is in exclusive talks with Cosworth regarding a supply of engines from 2010.

the latest news from around the world courtesy of Press Snoop Lynne Huntting... In November, Ford sold Cosworth Racing to KEVIN KALKHOVEN, Champ Car team owner and co-owner of Open Wheel Racing Series, which now owns Champ Car.

Having announced the purchase of Cosworth Racing with fellow Champ Car World Series co-owner Gerald Forsythe in London, Kevin Kalkhoven will now head back to the USA to guest on the Wind Tunnel program, on SPEED Channel, on Thursday.

Kevin Kalkhoven and Gerald Forsythe, co-owners of the Champ Car World Series and heads of the PKV and Forsythe Championship Racing Champ Car teams, have been unveiled as the new owners of Cosworth at a press conference in London.