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    F1 Updates: BMW seeks new buyer, FIA re-opens selection process, Renault granted appeal, etc.
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    It's anything but business as usual this year in Formula One, and this past week has been no exception, with one team scrambling to secure its future, another receiving the go-ahead to continue racing, and others re-submitting applications in the hope of joining the grid for next year.First up is ...

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    Officially Official: Schumacher not coming back after all - driving is a pain in the neck
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    Ferrari was in with a bang, now it looks like the scarlet racers will be out with soggy whimpers: Michael Schumacher has canceled his F1 return due to lingering pain in his neck from a motorcycle accident earlier this year. Schumacher has been testing in Ferrari's 2007 car at the company's ...

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    REPORT: Schumacher to earn a tidy 1M Euros per race for return effort
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    According to a report from German newspaper Die Tageszeitung, Michael Schumacher – already one of the richest athletes in the world – will earn a cool million Euros (that's $1.44M USD to us Yanks) for each race in which he's substituting for injured Ferrari factory driver Felipe ...

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    REPORT: Massa has no long-term injury, will likely race again
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    Felipe Massa's personal doctor has given the racer the best prognosis yet, saying "He doesn't seem to have a long-term injury," and that Massa hasn't suffered any eye damage. After the Brazilian's 170 mph (275 kph) impact with a flying spring that came off Rubens Barrichello's car during ...

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    REPORT: Kimi Räikkönen set to retire from F1 after 2009 season
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    Rumors are heating up that Ferrari Formula One driver Kimi Räikkönen will walk away from the grand prix circus at the end of the 2009 season. If the 2007 World Champion does quit, it would free up his seat for two-time champion Fernando Alonso. You'll recall that there's been talk of ...

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    Ruh-Roh: Ferrari's new F1 car already in trouble
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    Click above to view the new Scuderia Ferrari F60 in high resolution
    Scuderia Ferrari chose to unveil its new car for the 2009 F1 season before anyone else, so while other teams were assuredly tweaking their designs up until the last minute, Ferrari's was already out on the track. And now it seems ...

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    Scuderia Ferrari unveils the new F60
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    Click above to view the new Scuderia Ferrari F60 in high resolution
    Most years it's more of the same. All the constructors in the FIA Formula One World Championship unveil their cars, and for the most part they look the incredibly similar to the ones they had last year. Big whoop. But every so ...

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    Ferrari and Ecclestone at odds on how Formula 1 should be run
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    Anyone who's watched the trials and tribulations of Formula 1 over the last few years knows that Bernie Ecclestone usually keeps to himself. But if you provoke him, he'll always say exactly what he thinks -- and it's usually more than you'd hoped for. That appears to have happened yet again after ...

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    Standardization gone amok: LEGO Ferrari F2008 F1 car
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    Perhaps this is Ferrari's answer to the FIA's threat to move to standardized engines: standardized building blocks! What could be more fair than to have every team start out with their own huge package of LEGOs? The drivetrain could remain unique or might even be a LEGO V8, but each team would get ...

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    Ferrari may leave F1 if standard engine approved
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    Could one unthinkable action be followed by another? It may be, if Formula 1 heads get their wish for a standard engine for the racing series. Both Toyota, a team near the bottom of the standings, and Ferrari, which is up near the top as it usually is, have expressed their concerns about such a ...

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    F1 teams spent over $3 billion, Toyota the most
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    While we knew Formula 1 racing was an expensive venture, leave it to the 2008/2009 edition of Formula Money to spell-out the jaw-dropping finances for us. According to their latest guide, the supporting cast will shell out over $3 billion this year in team resources -- with Toyota dropping more ...

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    F1: Ferrari holds on to its Finn -- Raikkonen extends to 2010
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    Ferrari announced during the first practice day of this weekend's Monza GP that Kimi Raikkonen's contract has been extended by one year. This mean's he's locked into service with the scuderia until the end of 2010, which is the same time Felipe Massa's contract runs out. Terms of the extension ...

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    [SPOILER ALERT] Turkish Grand Prix was dog gone good
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    Click above for high-res gallery of the 2008 Turkish Grand PrixThe real story coming out of this weekend's Turkish Grand Prix should be the fact that Ferrari won again and Lewis Hamilton is driving better than any other driver in F1, but a stray dog that was struck and killed on track during a GP2 ...

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