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Following the sale of Spyker F1 (again), the new owners have announced the team's new name: Force India. Indian investor Vijay Mallya got together with former Spyker Cars CEO Michiel Mol to buy the team from the financially-troubled niche sportscar manufacturer, which it now seems had no business in F1 to begin with. Spyker itself had acquired the team from Midland, who in turn had purchased it from Jordan, changing the name and image with each new owner.

It's that time of the year again, as the Formula One season winds to a close and drivers line up for new contracts. After Ralf Schumacher's departure from the over-funded but under-achieving Toyota F1 team, Felipe Massa was rumored to be heading over while Fernando Alonso assumed his seat at Ferrari. With Alonso now headed back to Renault for next season and Massa likely to stay where he is, Toyota have reportedly signed Timo Glock (right) for next season to race alongside incumbent Jarno Truli.

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