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The teams gathered this week in Spain for the first test session of the year, giving us an early glimpse at what we might expect from the 2015 Formula One World Championship.


The Lotus F1 team has fallen on some hard times. Majority-owned by investment firm Genii Capital and having little to do with the British automaker with which it shares its name, the Enstone-based outfit has been widely reported to be in serious financial trouble. The extent of those difficulties were until now unknown, but a new report from Germany's Auto Motor und Sport reveals that the team is in the red to the tune of £114 million – equivalent to $186 million at today's conversio


If there's ever been an example of a hero fallen from grace, surely it's Williams. Once dominant in Formula 1, it's been relegated to "also ran" status, but the privateer entry is intent on clawing its way back up to the top.


Moto2 crash at Jerez – Click above to watch the video after the break


Final lap battles, changes atop a world championship leader board and a season that's keeping us champing at the bit for each new round. With absolutely no disrespect to cream-colored ponies or crisp apple strudels, we can say with confidence that MotoGP 2010 is delivering a few of our favorite things.


Marco is set to become the third Andretti to get behind the wheel of an F1 car as he heads to the Jerez test track on Friday. The son of former McLaren driver Michael Andretti and grandson of the legendary F1 champ Mario Andretti, Marco has become a rising star in motorsports, named IRL rookie of the year.

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