2012 Australia GP: Formula One (F1) Qualifying Results - Lewis Hamilton, McLaren On Pole!

Monisha Kaltenborn has become a formula one team owner.

Peter Sauber announced on Wednesday that he has given the 41-year-old Indian, who is his Hinwil based team's chief executive, one third of the Swiss outfit.

Pirelli stands ready to supply special 'qualifying tyres' to formula one teams next year.

With the emphasis of the sport's spectacle now relying on the complex and heavily degrading control tyres, it was the qualifying session that suffered last weekend in Barcelona.

Sebastian Vettel has defended his former mentor Michael Schumacher.

The seven time world champion has been roundly criticised since last Sunday's Spanish grand prix, after crashing into Williams' Bruno Senna at the end of the Barcelona straight.

The oddest element of the 2012 season so far is that the unlikeliest of candidates could now be genuine title contenders.

Before the Spanish grand prix weekend, Pastor Maldonado was a commonly derided 'pay driver' with 500-1 odds of winning in Barcelona, and just a single point to his name in 2011.

Jaime Alguersuari has told Spanish publications he is "absolute certain" he will be on the 2013 grid.

"This is the best year of my life," he told Mundo Deportivo, referring to 2012, the year after his young F1 career stalled when he was dropped by backer Red Bull.

Charlie Whiting has defended the decision in Spain to move Lewis Hamilton from pole to the very rear of the grid.

Although McLaren was widely criticised for making a grave error, the stewards' penalty was at the same time described by the world's press as "draconian".

Toto Wolff has rubbished suggestions Williams might soon replace Bruno Senna with the team's rising reserve driver Valtteri Bottas.

Finnish commentator Mika Salo last weekend said that, following an interview with Sir Frank Williams, he sensed the team was thinking about ousting Senna in favour of 22-year-old Finn Bottas "this season".

Robert Doornbos, the former Minardi and Red Bull driver, is being pursued for millions by a former sponsor.

The disgruntled backer, Harry Muermans, is demanding the Dutchman pay back a whopping EUR 11 million from their partnership between 2005 and 2008, claiming the money was in fact not sponsorship, but loans.