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What do you do when the Nordschleife is covered in snow? Why, you put snow tires on a formula racing car and paint the Green Hell white!

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Formula One racing engines have been dropping cylinders like advanced trigonometry classes over the past couple of decades. The V12s gave way to V10s in the mid 90s. Those were replaced in turn by the current V8s in 2006, and now it's been confirmed that by 2014 two more cylinders will drop off the block for V6 propulsion.

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According to TheRecord.com, The University of Waterloo in Waterloo, Ontario, temporarily shut down its Formula SAE team after a female team member was photographed next to the chapter's race car, clad only in a bikini and high heels. The young lady who stripped down for the shot said she wanted to show her femininity juxtaposed with her engineering talents. The school, however, was not impressed with her racy display.

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Formula Palmer Audi – Click above for high-res image

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We got our first sight of the Formulec EF01 single-seat race car at the Paris Motor Show in October, and it has since made its way to Cancún, Mexico for the United Nations Climate Change Conference. The conference was the perfect place to display this open-wheel racer because it is all electric, powered by two Siemens motors and a SAFT lithium-ion battery pack good for 20-25 minutes of full-bore racing.

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Formulec EF01 – Click above to watch video after the jump

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Click above for a high-res gallry of last year's BMW Sauber F1.08 reveal

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After seeing our favorite IRL driver in the Sports Illustrated Swimsuit Edition win her first race, we were convinced that what motor racing needs is more female drivers. With the glass ceiling showing more and more cracks, we're encouraged by the news that Swiss rising star Natacha Gachnang will be among the drivers competing in the inaugural season of the new Formula 2 championship.

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Honda's departure from Formula One came down to a singular factor: cost. The amount of cash required to campaign a team (or two) in the top tier of open-wheel motorsports has been on an upwards trajectory for as long as we can remember, and combined with the current economic downturn, it was just a matter of time before a manufacturer questioned whether or not it was worth the expense. That's a tough pill for enthusiasts to swallow considering all the knowledge gleaned from F1 -- not to mention

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Formula 1 will hit the BBC air waves in 2009 after a long run on ITV. The move will require new figureheads to sit at the desk, and London's Times has said that Top Gear's Richard Hammond is the top man for the job. Economics at least partially drove ITV's decision to withdraw from F1 coverage. The coverage is expensive, so making money is challenging, even with newly rising star Lewis Hamilton making F1 more interesting for UK viewers.

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The World Motor Sport Council of the FIA, the international racing authority that governs Formula One, among other series, has rolled out a series of restrictions on the development of F1 cars starting with the coming 2008 season.

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Kimi Raikkonen and the boys at Ferrari can breathe a sigh of relief, as their championship has been formally confirmed by the FIA. The title was appealed by the incredibly sore losers at McLaren, who insisted that because of a temperature irregularity in the fuel in BMW's and Williams' cars at the season closer in Brazil, those four cars should have been disqualified, thereby catapulting McLaren's Lewis Hamilton to the championship. (Yeah, they were serious.)

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History, they say, has a habit of repeating itself. That's certainly the way things have been looking in recent years as some of the greatest racing names in motorsport history have been making a comeback. But instead of the legends squeezing their aging selves into new racing equipment like so many sardines, it's the younger generation that's been hitting the scene lately.

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Singapore is getting ready to host the first night race in Formula One history after the FIA approved the proposed calendar for next year's championship. Race promoters in Singapore got the clearance from the FIA to build the Monaco-style street circuit in May, and things are reportedly moving along well. The spectacle of the flood-lit road race in the Pacific city-state promises to inject some more excitement into what is already held as the pinnacle of international motorsport.

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