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Two-time champion Fernando Alonso made it clear on Thursday he will abandon Formula One if the budget-cap dispute between racing teams and the sport’s governing body isn’t resolved.

His Renault outfit is one of five members of the Formula One Teams’ Association that must confirm on Friday whether they will sign up unconditionally to enter the 2010 season. FOTA has opposed plans by the ruling FIA to introduce a voluntary $60 million budget cap.

“For me the new Formula One would be unattractive, with the small teams and no drivers,” the 27-year-old Alonso said. “We want to compete with the best teams in the world, the maximum technology: we all want to compete with the best drivers.

“If this is not what Formula One is about next year, then …  Details

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Formula One points leader Jenson Button hopes to show his remarkable career revival to the home fans Sunday with a first win at the British Grand Prix.

The 29-year-old Button is looking to make it seven wins from the opening eight races by taking the checkered flag at Silverstone, an event that will move to Donington Park in 2010 under a 10-year deal.

Before climbing this season into a Brawn GP car he calls a “monster” and building a 26-point lead in the standings over teammate Rubens Barrichello, the Briton had never given his home fans anything to cheer about at Silverstone.

In nine previous visits, Button has finished no higher than …  Details

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Ferrari’s F430 is perhaps one of the most focused driving machines out there and bettering its capabilities will take some doing. But, with a wealth of F1-derived technology at its disposal, Ferrari looks set to do just that… 

… The upcoming model has been tentatively dubbed “F450” due to strong indications that the new engine will be a V8 displacing 4,5-litres. Much of Ferrari’s F1 and GT racing know how will be ploughed into this model, including radiators ahead of the front wheels, an upgraded version of the F430 Scuderia’s traction control system, understeer-cancelling software, and a dual-clutch 7-speed transaxle transmission.

Although powerplant details are somewhat thin on the ground at present, it has been suggested that the new car’s engine will develop in the region of …  Details

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Lola has ruled out returning to Formula One in 2010.

A familiar name in F1 from the 1960s, Lola provided cars for top drivers like Graham Hill, John Surtees and Alan Jones. It dropped out after failing to produce a new car for the 1998 season, when many teams were unable to keep up with the big-spending and dominant Ferrari, McLaren, Benetton and Williams teams.

After auto racing’s governing body ordered teams to make big cuts to their spending for the 2010 season, Lola …  Details