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30Report: Italian gov't siezes Flavio Briatore's $22M yacht

The Italians don't play when it comes to tax evasion and financial crimes, with a special branch of the army called the Guardia di Finanza solely devoted to busting those who play with numbers. Flavio Briatore is one of the most recent big fish caught in the Guardia's net; his $22-million yacht, Force Blue, was impounded over the weekend off the coast of the Italian Riviera.

7FIA, Briatore put an end to legal saga

It's been a long, drawn-out affair extending back two years since the 2008 Singapore Grand Prix. That's when then-Renault F1 chiefs Flavio Briatore and Pat Symonds allegedly instructed their rookie driver Nelson Piquet Jr to crash on purpose and give the advantage to his world-champion wingman Fernando Alonso. The scandal erupted the following/last season when Piquet blew the whistle. Briatore and Symonds were summarily excommunicated from Formula One and any FIA-regulated racing series (which i

10Crashgate Keeps Gate Crashing: Piquets reportedly suing Briatore for libel

You didn't actually think we'd heard the last of Crashgate, did you? The scandal that rocked the Formula One racing world last season and well into the post-season involved the Renault F1 team, its driver Nelson Piquet, Jr. and its top executives Flavio Briatore and Pat Symonds.

10Flavio Briatore suing the FIA... again?!

Flavio Briatore is out for blood. The flamboyant Italian billionaire and disgraced former director of the Renault Formula One team was kicked out of the sport by the Federation Internationale de l'Automobile (FIA) in the wake of the "Crashgate" affair involving Nelson Piquet Jr., but subsequently won an appeal in French courts overturning the FIA's ban (along with that of his cohort Pat Symonds) The courts upheld the argument made by Briatore's lawyers that the FIA's judicial process was corrupt

30BREAKING: Renault F1 placed on suspended two-year, Briatore banned indefinitely?

The World Motor Sports Council took only 90 minutes to reach a verdict in the case of Crashgate – wherein former driver Nelson Piquet, Jr. intentionally chucked his car into the wall at last year's Singapore GP to hand the win to Renault teammate Fernando Alonso. Realizing that Renault was contrite and that the company's disappearance from F1 would be bad for a lot of people, the WSMC handed the company a two-year suspended sentence. If Renault – and its people – keep clean unt

28More F1 teams joins boycott call for 2010 regulation changes

Yesterday, we brought you news that Toyota could quit Formula One if FIA president Max Mosley's proposal for a two-tiered budget system is put in place. But the Japanese team based in Germany – currently enjoying its best season so far – isn't the only one making noise. Ferrari has hinted it could jump ship and put its energy into Le Mans, instead. Mercedes-Benz has said it could cancel its F1 program, and BMW has reportedly done the same. Now, three more teams are joining the call f

17Rumormill: Pending F1 diffuser decision will favor Brawn, Williams, Toyota

Formula 1 so far this year has probably provided a lot more excitement than anyone expected, and in a change from the usual, this time a lot of it is good. The two races so far have seen a heap of on-track passing – and not just of backmarkers – as well as an inversion of the standings: McLaren and Ferrari near at the bottom, Brawn (née Honda) and Toyota are at the top.

14BREAKING: Alonso signs with Renault

UPDATE: Official press release from Renault confirming Alonso's return can be read

7Alonso to announce today, Ghosn throws wrench into the works

The motorsport press is reporting that Fernando Alonso will announce sometime today whose car he will be driving next season. The two-time world champion was recently released from his contract with McLaren-Mercedes, with whom he had a very tumultuous last season. Rumors have been circulating the paddock as to where he'd be heading as a newly free agent, but Flavio Briatore, his former boss at Renault, has made no secret of the door he's left open and the light he's left on for Alonso to come ba

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