Even ahead of F1′s Singapore floatation, the sport has some new owners.

Reuters, the specialist financial market news agency, said US-based asset managers Waddell and Reed, Blackrock and Norway’s Norges Bank have bought a $1.6 billion stake from existing owners CVC.

The report cited a source “with direct knowledge of the matter”. The companies did not immediately comment.

It drops CVC’s stake from 63.4 per cent to about 40pc, the source said.

We reported on Monday that the Singapore stock exchange approved F1′s plan to raise as much as $3 billion in an initial public offering.

Other reports said pre-marketing for the listing, likely to go ahead at the end of June, will begin immediately.

“It is not our practice to publicly comment on our dealings with listing aspirants,” said a Singapore bourse spokesman.

Some insiders have expressed concern.

“Look at the muted first-day response to Facebook’s IPO,” an unnamed banker told the Singapore broadsheet Straits Times. “The F1 listing is not nearly as attractive and long-awaited as that.”

PRESS CONFERENCE

Kamui, so far this season a couple of good races and a couple not so good. What’s been the difference between them?

Kamui KOBAYASHI: Of course it’s definitely the car. We had quite good performance at the start, quite a good start to the season. Unfortunately, we also some races where the strategy was not really going well. It’s not let’s a bad thing for my season. I had a great start but I think we have to work hard especially on the long runs.

Yesterday, Fernando talked about drivers having more respect for one another. Do you think that’s the case? Should drivers leave more space for each other?

KK: Maybe. I don’t know. It’s always difficult to say.

You’re quite an aggressive overtaker

KK: Yeah, but for me I’m doing something quite normal. It’s not special. I’m just doing my job. Maybe it looks aggressive but I never crash with anyone. I never crash and stop the car. There may be contact but it’s always quite OK. Maybe it looks aggressive but it’s not aggressive in fact.

And of course, you’ve been on the receiving end as we remember from Spa last year.

KK: Spa last year? Where? Ah, with Lewis, you mean? That’s what I mean that was just an accident you know. I didn’t expect both cars to make contact because there was no point. I didn’t expect Lewis to come across and I just stayed on my line. It was just sudden, you know. There was no way to avoid that. That was something special though, it’s not really a racing accident and not aggressive stuff from me, so…

Nico, on paper you’ve been beaten by your team-mate so far this year. How are you feeling about it?

Nico HULKENBERG: Well, the first four races have been quite tough to be honest. I would have liked to take more than two points out of the first four races. We have been quite unfortunate in some races, such as Melbourne, where we had a first-corner incident and there was very little I could do and then a clutch failure issues in Bahrain. These were two races where we potentially could have finished in the points. But I’m looking forward, I’m bedding in well with the team. I think the team is doing a good job in putting everything together and if we get a bit more luck then I think it will be good.

How do you feel about team development? Are the developments coming at a reasonable rate as far as you’re concerned?

NH: Yes, definitely. We bring some new parts, probably like every other team, here and we have to wait and see where the new parts put us but obviously we’re hoping it’s a step forward. I think it is a step forward but just how big a step we’ll see over the next two days.

Pedro, we see a new team that has recently moved to new premises and taken on a lot of new staff. What sort of role do you see yourself playing in the development of Hispania Racing Team?

Pedro DE LA ROSA: As you’ve said, everything is new. We’re establishing ourselves; restructuring the team; we are growing. But really I’m not playing any different role than any other race driver would do. I’m part of the team; I’m a race driver; I’m experienced. If they need my advice on anything, I am there. But I’m not playing any special role other than driving as fast as I can and giving good feedback about the car.

You spent so long at McLaren are you not trying to put some of those influences on the team?

PDLR: Gradually I will. That’s the aim and that’s what I’m here for as well. But so far the team has been extremely busy trying to move into our new premises in Madrid, establish a structure, a ‘basement’ as I say, and after that we will grow gradually and that’s when I think my input will be, if possible, more beneficial. But so far the objective has been clear. We have to establish ourselves, we have to put he ground for building more floors on top of us but so far I’ve been very discreet and not in a very important position.

And where do hope the team will be at the end of the year?

PDLR: I have no idea really. We are improving race by race. We have made the car a lot quicker. Don’t forget at the first grand prix we did not qualify and gradually we have been closing the gap to pole position. That’s what we have to aim for: race by race, closing the gap, making sure that our car is a little bit quicker than it was at the previous grand prix. After that, at the end of the year, we will see. We don’t have to set ourselves any targets other than making the team more competitive race by race.

Kimi, you were plainly a little frustrated that you could have won at Bahrain but didn’t. Is that a true appraisal of your feelings about Bahrain?

Kimi RAIKKONEN: Yeah, I think once you get so close, you’re not happy with second. If you’re 20 seconds behind then it doesn’t really matter but we had a chance but at least for the team it was a good weekend.

You’re a two-time winner here, both from pole position. Do you think a win is possible here? You’ve said you team will be winners at some stage.

KR: Well, the rules are different, so you don’t have to be on pole now to win. We’ll try. I don’t know how it will go. It’s very difficult to say before the weekend starts. The teams are very close. So if everything goes smoothly then we can be up there. But small difficulties in some areas and you’re suddenly much further back. We try to do everything right and then see what happens.

You didn’t test at Mugello as apparently the team hadn’t brought major modification, but for this race have you at least brought modifications that will at least see you maintain where you were at the opening rounds?

KR: We should have some new parts and we’ll see what happens.

Fernando, another winner here in 2006. How did you feel the Ferrari was in testing? Did you feel it was a lot different?

Fernando ALONSO: No, not really. We didn’t have any big improvements in the car, so what we tested were different set-ups and things we missed from winter testing. It’s been quite difficult for us with a lot of problems on the car and not many laps. The Mugello test was to complete what we had left from winter but in terms of improvements, we had minimum changes on the car so it felt the same?

Did that set-up research, as it were, make you feel more comfortable with the car, more competitive?

FA: Well, we’ll see. Obviously we had some ideas in terms of setup and some different possibilities that we were not introducing in the first four races because we didn’t have the opportunity to test them. So, it was good in Mugello: some of them were positive; some of them were negative so it’s good to know. As much information as you have is better preparation for the next grand prix. Obviously we arrive more prepared now than how we arrived in Australia with only three tests in the winter. But to make the car faster I think in terms of setup you cannot find much. If you want to be running at the front it’s more aerodynamic parts and updates in the car. Hopefully they come but we need to wait.

You know this circuit pretty well, you had a very good start to the race last year – do you think we’re going to see more overtaking on the circuit now, what with more KERS and a longer DRS as well?

FA: I think it will be similar to last year, to be honest. I saw some numbers of previous races here. On average like four or five overtaking manoeuvres in the last nine years and last year there were 57 – so it was a big change. The race this year will be similar to last year because of the degradation, the DRS and the KERS. With all the possibilities that we have now, as we had last year, for sure we will see some more overtaking. This changes also a little bit the philosophy of this circuit. As Kimi said, pole position was 60 per cent of the victories, now pole position is obviously the best starting position but it’s not crucial anymore because with this year’s tyres it’s less important.

Sebastian, you broke the mould last year by winning from second on the grid, where you’ve started for the last three years but you won last year from there. This is such a performance track, is this a track where you’re really looking for an indicator for the rest of the first half of the season? If you’re competitive here you will be elsewhere?

Sebastian VETTEL: Well, I think if you are competitive here I think it means that you have been previously. It’s a track that we usually know quite a lot from winter testing, we have some data to compare to, so it’s very familiar. But it doesn’t mean if you are competitive here you are competitive everywhere. Equally, if you are not competitive here it doesn’t mean you will never be competitive. I think it’s similar to other tracks. Really, if you think which sector you’re talking about, which speed range of the cars. I think you have sectors on every track where you could get an indication. As I said, I think it’s the fact that we know a lot about this track, we have a lot of data to compare against, to see if we did a step forward compared to the winter and how big the step was. Surely then you have to consider different temperatures: it’s a different time of year so it’s also difficult to compare black and white – but yeah as a rule of thumb probably this circuit does give you an idea because simply you have all the corners you find somewhere else, you have tight chicanes like in the last sector, hard braking for the hairpin, fast corners like in the first sector. You have a bit of everything.

And yet everyone has been here, everyone knows exactly what sort of setup they would require. Is it perhaps one of the toughest races in that respect?

SV: Yeah it is. But as I said as well, you race here in May, it’s quite different if you look at the temperatures compared to February or March, so yeah, it does have a big change on the setup, so whatever you might have found out over the winter in testing, it might not work in the same way or the same style it did during testing. Also, you need to consider that the cars you launch are quite different to the cars you race at the first race, and then, you know, you race around May or June later in the season. So, yeah, it’s a bit wishy-washy because of that – but overall it’s a track we know fairly well from a driving point of view as we’ve done a lot of laps here. We should know our way around here.

Questions from the floor:

(Alex Popov – RTR TV) Question for Pedro and Fernando, about the Spanish Grand Prix in general because here and there we read about the difficult situation in Valencia, the difficult situation in Barcelona and now we have two grand prix but in the worst situation we will finish with no grand prix at all. Your thoughts about it.

PDLR: I’ve said a lot already since the first time we were told that Spain would have two grands prix, that it was a historical moment and a unique situation and we should be very, very proud of it. I still say the same answer: we still have two grands prix in Spain this year, and we should, all of us, be very proud, very happy and maximise this moment and then wait for the future to tell us what will happen – which is completely out of our hands, you know? This is all I can say. I’m very happy to be here, this is a Spanish Grand Prix, but also a Spanish Grand Prix with a Spanish driver in a Spanish team – so let’s forget about what might happen in the future because, as I said, I have absolutely no control over it.

(Mike Doodson – Honorary) Gentlemen, Michael Schumacher persistently criticises the Pirelli tyres, or at least the policy of Pirelli. To us and the fans it’s clear that Pirelli has been a major ingredient in the improvement of the quality of the racing this year and last year. Do any of you share Michael’s concerns about the tyres or do you think he’s just making excuses for not winning?

FA: I think Seb should answer, being German.

SV: Yeah? I think, y’know, we get a completely different impression inside the car than you might get outside the car. So, you’re always talking of two different worlds. I think for us quality of racing, if you compare racing today, you have to, I think, look after your tyres a lot more than probably you had to three, four, five years ago. For us, if you take, for instance, 2009 where we were allowed to refuel, we had new tyres and the tyres lasted longer, in that they didn’t see that much degradation. It’s a different quality inside the car because you can push nearly every lap similar to qualifying, whereas now I think the racing is different: we fuel the cars up, they are much heavier, and if you have a heavier car there’s more stress for the tyres, so it puts the whole thing in a different window. If you put a new set of tyres on with 20 laps to go, or 15 laps to go, which is, let’s say, the stint length, earlier, a couple of years ago, it’s a different world for the tyres. The tyres do see more degradation and then we start to slide and then one guy slides more than the other because he puts his tyres on two laps earlier. It creates a different type of racing, more overtaking, which I imagine is seen as better quality from the outside, simply because things happen. I think it depends what you really want. We have more overtaking. Fernando is good with numbers, so like Fernando said earlier. I think the races today – over the last two years since we have changed a couple of things – has become much better. Also for us. I had a race here where I was following – how many laps is the race, 66? – I think I was following Felipe [Massa] for 60 laps out of that and I couldn’t pass. Nowadays you know that your chance will come in the race and that’s changing the position inside the car as well.

Fernando…

FA: I don’t know. I agree with Seb but I don’t agree that Michael has continually criticised Pirelli. Michael said one thing and what has been written in the press has maybe exaggerated what he said. I read what he said and I don’t see any big problem with that.

Q: (Livio Oricchio – O Estado de Sao Paulo) Fernando, you have a very different car from this race. Let’s suppose this car does not correspondent to that criteria…

FA: We’ll see, we’ll see after the race, because we don’t know what car we have. Obviously we have new parts, but everybody has new parts. Because it’s Ferrari, there are quite a lot of expectations every race we go to. It seems like only Ferrari is bringing new parts. We have a step forward, we believe, on what we had in Bahrain, but we also know that it’s not the last step we have to do. It’s a continuous work, that we need to start here in Barcelona, making a step forward and try to improve our qualifying position and our race pace, but in Monaco we have to bring new parts. In Canada (we have to) bring new parts. So we will not bring a new car to every race as it seems that we brought here in Barcelona.

Q: (Livio Oricchio – O Estado de Sao Paulo) But just to finish the question: if the car does not correspond…

FA: I answer you on Sunday.

Q: (Livio Oricchio – O Estado de Sao Paulo) Yes, but just to finish: considering your car has completely new ideas, a revolutionary car, do you think this could be the end of the season for Ferrari and you will start thinking about next year’s car?

FA: I don’t think so. I don’t think so. We need to see how the car works here and if it works fine, it will be a good step, the first step of many that we have to do during the next couple of races. If the step is not good enough, because the others improved the same or more than us so we remain in the same position, we need to work harder, for Monaco and for Canada, and bring more new parts in a more aggressive approach or whatever, because the championship is long and we will never give up in May, after four races.

Q: (Livio Orricchio – O Estado de Sao Paulo) Do you think the basis of this car could be used for next year’s car?

FA: I think so. Yes.

Q: (Gary Meenaghan – The National) For all of you: if you look at the drivers in 1992, there were only two non-European countries represented. If you look at the same field twenty years later, this year, there are seven non-European countries represented. Is there a chance that in a few more years, the majority of the drivers will come from outside Europe and how do you think that will impact the sport?

KK: It’s difficult to stay. For drivers I think it’s very difficult, everywhere, Asia especially. I don’t know for the future, but at the moment I don’t know how many Europeans there are now? 17. We have to see. It’s very important for a programme for the development of drivers. I think that this programme is quite weak everywhere. I think for the future, they definitely have to work a lot. It’s very difficult to find how young drivers come to Formula One. I don’t know how it can be changed for the future but I definitely think we have to work on programmes for driver development.

Q: A huge German presence on the grid at the moment, Nico. Can you see that being maintained by a young driver programme in Germany?

NH: Which young driver programme? Is there one? I don’t know. We don’t keep track of that statistic. I think it will always be a good mixture between European and non-European drivers in the future.

Q: (Andy Benson – BBC Sport) To anyone, but Fernando and Sebastian particularly: following the rulings in the two Nico Rosberg incidents in Bahrain – one of which Fernando was involved in – are you clear in terms of what’s allowed and what isn’t when it comes to defending your position?

FA: Yes.

Q: (Andy Benson – BBC Sport) Has your understanding changed between before Bahrain to now?

FA: No, maybe I did…

SV: Fernando made it pretty clear. He said ‘you have to leave the space. All the time you have to leave the space!’

FA: Yes. Yes.

SV: It was clear, no?

FA: As I did last year with Sebastian. In Monza.

Q: (Andy Benson – BBC Sport) That isn’t what happened in Bahrain.

SV: He just thought my car was slimmer.

FA: But you passed. You passed.

SV: I think the rule is clear. You can argue. I think there were two incidents with Nico in Bahrain, one with Fernando and I think Fernando made his point clear afterwards. And with Lewis, and I think Lewis got past, so I think you can talk for hours now, but if you saw the situation in Bahrain, it’s exceptional, because you have a kind of asphalt run-off. Yes, it’s pretty dirty but we always try to go on the limit, the one who is overtaking, the one who is defending. Surely sometimes you need to respect that the guy is there and you need to leave the space. I think if it would have been grass, it would have been a different story. You wouldn’t go there in the first place. In Fernando’s case I think he would have made the same point.

Q: (Carlos Miguel- La Gaceta) Fernando and Pedro, if a fan of Formula One in Spain is thinking about coming here on Sunday, what are your goals for the race? What can you offer to the people?

PdelaR: Well, from our point of view, you know our goal is to fight and to improve from where we left it in Bahrain and that’s all we can offer, we can promise. We cannot promise victories – we leave that for Fernando – but we will promise, wherever we finish, we will do it with the pride of being here and doing a serious job, giving it all, and maximising what we have.

FA: Same thing. And giving 100 percent. We cannot promise anything. This is not a mathematical problem, it’s a sport, we all try to do our best so we will work hard, we will take care of every detail this weekend as we do normally, trying to do a serious job and hopefully finishing in the best position possible, but you cannot promise anything.

Q: (Alan Baldwin – Reuters) Leaving aside whether or not it’s a home race for you guys, how much of a difference does it actually make for you to be back in Europe again? Kimi, you don’t actually like the travelling very much out of Europe, do you?

KR: Yeah but I I arrived in China on the Thursday morning, so arriving for a European race on the Thursday morning is no different really.

PdelaR: I’m biased answering this question because it’s back to Europe, but especially it’s back to Spain, so for us, it’s a Grand Prix that arrives a little bit too early in our development programme, as far as I’m concerned. We have been improving since Australia but we probably need more Grands Prix to offer a more competitive show to our fans. That’s the only downside, but nevertheless, we are here, we are in Spain. It’s our home ground and we are very happy to be here. I’m looking forward to it. I used to live ten minutes away from the track and this is something that – when you grow up – you can always listen to the engines, so the Formula One cars, when you wake up every morning during the weekends – for me it’s a very special event, absolutely.

Q: Kamui, not so easy commuting from Japan.

KK: For sure. I’m used to being here a lot of times. I came to Europe 17 years ago and I’ve been here to Barcelona a lot of times. After long trips being back in Europe in Formula One is always great and it’s always great to see the motorhomes in Barcelona. This is always great and it’s always good to be back in Europe for Formula One.

SV: I think for all of us we’re happy to race in Europe. Surely we have races overseas which we enjoy. For instance, we all love going to Australia. Yes, it’s a long trip but once we are there I think we all enjoy being there and it’s the same here. In the end, I don’t think it makes a difference how long you travel. Yes, it is more convenient if you are only an hour, an hour and a half or two hours on the plane rather than twelve and then another twelve. As I said, I think every country we go to, there is a strong culture for motor sport. We hope for a lot of excitement and for a lot of people to come. It makes us feel very special when we are on the grid, to see that the grandstand is packed and usually around here are a lot of fans, cheering, especially for Fernando and the Spanish drivers, but it’s the same when we go to Silverstone, they’re cheering for their drivers. I think we can be very happy everywhere we go, and hopefully put on a great show so that the people enjoy it as well and they come back next year.

Q: (Alex Popov – RTR TV) Gentlemen, after testing at Mugello, Vitaly Petrov criticised the circuit, because he expressed concern about its safety, so do you think he was wrong to express his concern like this? He was criticised by other drivers, because he expressed concern. Is he wrong?

FA: I think everyone will have his opinion. I’m not someone to say that Vitaly is right or wrong. It’s more maybe the safety commission’s job or whatever. Personally, everyone will have their opinion, as I said. I like Mugello, I like the layout, I like the feelings, the emotions that you have driving there. As I said after the test, driving one lap in Mugello is like driving one hundred at another circuit, for adrenalin and how much you enjoy the lap. We were in Italy, with a lot of Ferrari support. I enjoy those three days testing so much, but in terms of how safe the track was or not, I don’t have the information to give an answer.

NH: Personally I enjoyed Mugello very much. I think it’s a very different circuit to all the others that we go to. You always feel like you’re flying there, a lot of fourth, fifth, sixth gear action which is great to have. Like Fernando said, whether you feel safe or not is a very personal thing. I think it was OK.

KK: That’s a great circuit. There are a lot of very safe circuits like Abu Dhabi without gravel, but this circuit had gravel and if we made a mistake we ended up in the gravel which is good for drivers and good for training and testing. The test was something we had to try and in the race, of course we have to stay on the track and it’s difficult to take a lot of risks but during testing we can take more risks to improve our driving. It’s great for me.

SV: Well, the first time I heard that he was saying something about safety at Mugello. I think we all loved the track because it’s different – like Nico said, there’s a lot of high speed corners. Sure, if the speeds are high, there is higher risk. There is obviously quite a lot of run-off but surely here and there you would like to have more. As long as nothing happens, everything is fine; if something happens… it’s always easy to say something after there’s an incident and say this and that. I think it was not as if we felt we were scared. We left the garage feeling safe. I think if we would race there one day, potentially yes or no, then surely here or there you can argue to make improvements for safety, but I think they did everything they could on the day.

Q: (Vanessa Ruiz – Radio Estado ESPN) Nico mentioned that Mugello is different from every other track that you guys race on in the year so does this very fact make it less useful to have tested there instead of somewhere else?

KK: Difficult. I think maybe it’s not really useful for mechanical stuff but definitely useful for aero development at least, because we can test the aero on the straights. Difficult to see the stability in the corner. Basically I think this was a good test.

SV: I agree. I think it was good to test some parts of the car, not for some others, but like all the other circuits. When we test in Jerez, test in Barcelona, we try different things. I remember in the old days testing in Paul Ricard. Some days we test on the 50s lap circuit because we were testing for Monaco Grand Prix: different tyres and different parts, so every test is welcome for different areas of the car, but it’s good. For people who don’t like Mugello there is a very easy solution.

F1′s newest winner has admitted he has no plans to leave his team.

After more than a century of grands prix, Nico Rosberg finally broke through with his first race win recently in China.

Although pressed harder than in recent seasons by his famous teammate Michael Schumacher in 2012, the German has a comfortable position at Mercedes.

The 26-year-old told Sport Bild he might stay put for the rest of his career.

“Forever in silver? Why not?” he is quoted as saying.

Rosberg said he is in a “great position” to lead the famous German marque to the world championship.

“My big goal is to be world champion with the Silberpfeil (Silver Arrow),” he insisted. “It occurs to me that it would taste even better than to win with Ferrari.”

Rosberg said he wouldn’t even mind sharing the team with Sebastian Vettel, F1′s back-to-back reigning champion who has expressed interest in racing one day for a great marque like Mercedes or Ferrari.

“I don’t mind, it could be anyone — Sebastian, whoever. I don’t see any problem with that,” said Rosberg.

He said his first choice as teammate is Schumacher.

“I think it would be great if he stays,” said Rosberg, referring to the 43-year-old’s expiring contract. “He is at an extremely high level right now.

“I can well imagine that Michael will extend.”

Rumours that F1 team owner Genii is contemplating buying the Group Lotus sports car company are continuing to gain steam.

That is despite Genii’s Gerard Lopez confirming recently that the Enstone based team has ended its sponsorship deal with the carmaker, even though the team will continue to carry the Lotus name.

But subsequent media reports indicate that the newly Malaysian conglomerate DRB-Hicom owned Group Lotus is for sale.

“Genii … is thought to be interested, and its boss, Gerard Lopez, is said to have had talks with Hicom, but also with (Group Lotus chief) Mr (Dany) Bahar about a possible management buyout,” read a report in the Independent newspaper.

Bahar is not ruling out the transaction.

“Whatever happens will happen,” he told the local Norfolk publication edp24.co.uk.

“Genii has expressed interest and if there is a good deal to be done, why should they not be interested? I think it would just make sense.”

He does not agree with the seven time world champion, but Norbert Haug insists he can understand Michael Schumacher’s criticism of the current generation of Pirelli tyre.

Mercedes driver Schumacher slammed F1′s official supplier after last Sunday’s Bahrain grand prix, saying the 2012 tyres degrade so quickly that they are not good enough for the pinnacle of motor racing.

“We drive around like the safety car. It is not a satisfying situation,” he said.

Schumacher’s boss Haug, however, does not fully agree, insisting Pirelli has contributed to a “very great competition” in 2012 featuring “very good races”.

“Of course, for a driver, there is always a certain frustration when you think you could be going faster, but you are having to be careful,” Haug told German reporters including Sport1.

“That’s just the nature of the racer,” he added.

Haug said Schumacher’s comments also prove that Mercedes does not muzzle its drivers, who may freely express their personal opinions.

With the F1 world now returned from Bahrain, the sport is assessing the fallout of one of the most controversial grands prix in history.

The drivers were conspicuously quiet over the saga in the island Kingdom, but – with no contract tying him down – former Force India driver Adrian Sutil admitted he was glad he was not there.

“In a situation like that, it is probably better not to go,” the German said on Sky Deutschland.

“On the one hand, the decision was made (to go to Bahrain), on the other hand, it’s very difficult when there are so many problems in a country.”

Red Bull reserve driver Sebastien Buemi, who has family living in Bahrain, does not agree at all.

“I arrived on Monday and I had no problem — maybe there were a few more police than two years ago, but nothing happened to me,” the Swiss insisted on Austrian Servus TV.

Force India and Sauber, however, witnessed Molotov cocktail attacks on their treks to and from the circuit.

And Caterham team spokesman Tom Webb told the Sun that there was “one minor incident when one of our (hire) vans slowed down in traffic and its occupants saw a local youth on the side of the main road brandishing a bottle with a rag stuffed in its neck”.

World champion and race winner Sebastian Vettel also admitted the feeling was tense in the paddock throughout the weekend.

“It was not easy for anyone,” the Red Bull driver admitted, according to SID news agency, “but I’m glad that nothing happened to any of us (in F1).”

And the Telegraph quotes Vettel adding: “Hopefully, we come back in the future when everything’s a little bit safer.”

Reuters reports that Vodafone, the main sponsor of the half Bahrain-owned McLaren team, sent no staff to the country and expressed concerns to the British outfit.

But Jim Wright, an F1 sponsorship expert, told the Guardian that he thinks while the sport’s image took a beating last weekend, sponsors will be happy.

“Most teams handled a difficult decision very well,” he said. “On that basis I think a lot of people would be pleased with that and happy to get involved with them.”

The television audience was also unaffected – even boosted – with the BBC reporting more viewers for Bahrain than Australia and Malaysia, and Germany revealing similarly strong figures.

Still, there remains criticism.

“Now is an opportunity to reflect,” former F1 driver Alex Zanardi told Tuttosport, “and make sure that major sporting events are assigned only to governments that deserve the honour of hosting them.

“Ecclestone is brilliant and has made formula one what it is, but he can’t administer races at any cost and above all else,” insisted the Italian.

Due to security fears, Force India sat out a practice session on Friday so that staff could return to their hotels in daylight.

F1 chief executive Bernie Ecclestone was reportedly enraged, and according to rumours got his revenge by instructing Formula One Management’s television cameras to ignore the Silverstone based team’s cars in qualifying.

“There was a bit of fuss about what we did,” deputy team principal Bob Fernley is quoted by Spain’s AS newspaper, “and it was not easy, but I think it turned out to be the right response.

“We had a lot of pressure, our attitude was not well received,” he confirmed, “but I think that we had a duty of care to our employees, and to do the right thing by the team.”

Internet hackers have threatened to wreak havoc as they sided against formula one over the sport’s decision to push ahead with the highly controversial Bahrain grand prix.

The well-known ‘hacktivists’ Anonymous brought down F1′s official website on Friday, slamming Bernie Ecclestone as “evil” and threatening the “worst sh**storm” if the track action continues to proceed this weekend in the troubled island Kingdom.

“Attacks on their (the teams’) computer servers could prevent the race taking place,” the Daily Express newspaper speculated.

Anonymous also took control of another specialist website, posting a statement that accused the sport of supporting the Bahrain government despite the country’s “human rights situation” and saying F1 will now “be punished”.

In an awkward official press conference on Friday, team bosses continued to support the sport’s decision to press ahead with the race.

“Ultimately we’re a race team,” said McLaren and FOTA’s Martin Whitmarsh. “We’re here to go motor racing and that’s our number one priority.”

Force India deputy boss Bob Fernley has dismissed reports the Silverstone based team could pull out of the controversial Bahrain grand prix.

Two members of the team were allowed to return to Europe this week following a Molotov cocktail attack en route from the Sakhir circuit to the hotel.

There were high-level meetings involving Force India on Thursday, sparking speculation the entire team could follow its frightened members back to the UK.

But Fernley, admitting that security has been ramped up after the incident, is quoted by Express newspaper: “We are definitely taking part, that is decided.”

Bahrain’s information affairs authority also released a statement featuring quotes by Bernie Ecclestone.

“I have no knowledge of any teams planning to withdraw from the race and we are all looking forward to racing in Bahrain,” the F1 chief executive said.

According to Telegraph correspondent Tom Cary, however, another incident like the one involving Force India this week could force F1 to change its decision to go ahead with the race.

“If that happened again and someone was injured then that’s the nightmare scenario for organisers as it might push the teams over the edge,” he said.

Many drivers, like Kimi Raikkonen, have said the situation is normal this weekend in Bahrain, but Cary does not agree.

“Normally there would be PR events in town, you know, ‘meet the fans’ and that sort of thing but certainly as far as I’m aware there aren’t any of those happening,” he said.

World champion Sebastian Vettel said he will be happy when track action begins on Friday.

“I think it’s not a big problem,” the German said when asked about the security situation this weekend, “and I’m happy once we start testing tomorrow because then we worry about the stuff that really matters — tyre temperatures, cars.”

Earlier, Vitaly Petrov’s manager indicated the Russian would only travel to Bahrain if F1 could guarantee his safety.

“If it was dangerous they wouldn’t let us in,” the Caterham driver told The National in Bahrain.

“If they make sure nothing gets thrown onto that track to hurt us, then we’ll be fine. We are here; if it happens, it happens,” added Petrov.

In fact, almost everyone in Bahrain has been reluctant to comment in detail, but there is an obvious feeling of unease.

Peter Sauber told Blick newspaper: “I feel like a guest, and so it is not polite to criticise your host.”

But 1996 world champion Damon Hill allowed himself some criticism of F1, including the sport’s most powerful figures, Bernie Ecclestone and Jean Todt.

He pointed out that FIA president Todt has said “next to nothing” about the Bahrain saga.

“This I find baffling,” Hill wrote in the Guardian. “Surely it is possible to condemn acts of inhumanity without taking a side?”

As for F1 chief executive Ecclestone, who has consistently trivialised the Bahrain issue, Hill noted that “few” in the paddock “dare to publicly disagree” with the imperious 81-year-old.

“Perhaps we should (criticise him), instead of just muttering under our breath, scared of losing our passes,” said Hill.

Hermann Tilke, the German architect who designed the Sakhir circuit, sees the entire saga as a storm in a teacup.

“It is safe in Bahrain,” Tilke, whose company has an office there, told the Kolner Express newspaper. “I’ve never heard about any problems from our people.

“Of course there is some unrest, but it is protests, not civil war. As Bernie Ecclestone has said, we do sports, not politics,” he insisted.

“And if they demonstrate peacefully now, the media will report on it, so both sides benefit.”

With F1 currently scheduled to arrive en masse in Bahrain next week, a crisis surrounding the possible cancellation of the island Kingdom’s race is continuing to deepen.

The teams have now denied Bernie Ecclestone’s claim that they can simply choose to skip the event.

“That would not be possible,” said a statement issued by the teams association FOTA. “Teams are unable to cancel (a) grand prix.”

Bahrain, meanwhile, stepped up its campaign, accusing some of deploying “scare-mongering tactics” designed to force the race’s cancellation.

The race organisers released a report conducted by Lotus, following the Enstone based team’s recent reconnaissance mission to Bahrain.

“We came away from Bahrain feeling a lot more confident that everything is in hand,” Lotus is quoted as having reported.

The team, however, reacted angrily, accusing the organisers of having released a “confidential” document.

“Lotus F1 Team is one of 12 contestants of the … world championship and we would never try to substitute ourselves for the FIA”, said the Enstone based team.

Surmised Times correspondent Kevin Eason on Twitter: “(It’s) getting messy…”

At the same time, F1 chief executive Ecclestone became fully immersed in the political situation on Tuesday, reporteding personally phoning Bahrain’s crown prince to express concern about the jailed hunger striker.

An Amnesty International report published this week had called for Abdulhadi Al-Khawaja’s release, amid claims he is now close to death and being force-fed.

But the Bahrain government, through its information affairs authority, insisted that only police and rioters are being injured in “infrequent and remote clashes”.

Also weighing into the argument was Sir Jackie Stewart, the eloquent triple world champion, who said: “I would go.

“The commercial rights holder has sold a package, at a price, and it is part of the constructors’ agreement that they attend the races that have been published,” he told the Guardian.

“As a team owner I would have to honour my agreement both orally and legally.”

Whatever happens, the Bahrain saga – stretching back now over a year – is not good news for the future of the island Kingdom’s calendar spot.

“Maybe we wouldn’t renew it (the contract),” Ecclestone admitted to the BBC. “We’ll have to look and see.”

HRT Formula 1 Team announces the incorporation of Chinese driver Ma Qing Hua to the Spanish team’s young driver development programme.

The formation programme designed by HRT F1 Team for Ma Qing Hua includes professional assessment in his career as a driver, private tests with cars from different categories and simulator tests. If the results of the partnership are satisfactory, Qing Hua could take to the wheel of the F112 at the Formula 1 Young Driver test.

Ma Qing Hua will perform his first official act with HRT Formula 1 Team on Thursday the 12th of April at a press conference previous to the Chinese Grand Prix (13th to 15th of April), which takes place at the Shanghai International Circuit. The details of the press conference will be announced shortly.

The incorporation of Ma Qing Hua to HRT Formula 1 Team’s driver development programme is part of the Spanish team’s strategy in order to serve as a platform for the formation of professionals in the pinnacle of world motorsport. The driver born in Shanghai has been competing in different categories of national and international motorsport for many years. His incorporation to HRT F1 Team’s Driver Development Programme takes place after some simulator tests and a testing session in Cheste (Valencia) at the wheel of a World Series car. The qualities and attitude of Qing Hua convinced Luis Pérez-Sala of his potential to incorporate him to the programme which Dani Clos, HRT F1 Team test driver, is also a part of.

Ma Qing Hua: “I’m very honoured to form a part of the driver development programme at HRT Formula 1 Team since, with work and effort, it will allow me to become the first Chinese Formula 1 driver. It’s a very special moment for me and it’s hard to express how happy I am. I’ve dreamt of becoming a Formula 1 driver since I was very small. I started in the karting world when I was 8 years old and I worked really hard to learn and become quicker every time. After competing in categories such as Formula campus, Formula Renault and F3, I learned a lot about car set-up, technique on circuits and team work to become more professional every time. And now finally my childhood dream has become true thanks to the opportunity that HRT has granted me to become an F1 driver. And even more so this year with all the drivers who are competing, with 6 world champions amongst them. Driving an F1 car will be the most incredible experience and I’m going to work hard to earn it. Thanks to HRT for offering me the chance to show what I’m capable of. And thanks to my family and everyone who has always supported me. This is only the beginning”.

Luis Pérez-Sala, Team Principal: “We are working so that one of the team’s signs of identity is to serve as a platform to launch young drivers, both nationally and internationally. Ma Qing Hua is one those talents in which we believe and we want to help him in his career so that he can make it to Formula 1. We like his conditions and we want to take part in his formation by incorporating him to the team’s Driver Development Programme so that he can participate in races and private tests, with the objective of him being able to take part in the Formula 1 tests reserved to young drivers. Due to my responsibility in the Circuit de Catalunya young driver programme, I’ve been able to follow his progress and personally assisted some tests he did. I knew he had potential, but I was surprised with his speed, safety, adaptation capacity, attitude and professionalism. All these virtues make us believe that his incorporation to the programme will be very positive and will lead to a fruitful and lasting relationship”.

Profile

Date of Birth: 25th of December 1987
Place of Birth: Shanghai, China
Nationality: Chinese

Ma Qing Hua started racing at the tender age of 8 and won the youth National Karting Championship when he was 12 years old. He continued to race and achieve successful results in karting until 2004, when he entered the Asian Formula Renault Series and won the championship. In 2005 he represented Team China in A1 Grand Prix. From here he would move on to Formula Renault 2.0 NEC, before competing in Formula 3 Spain and Formula 3 Spain “Copa de España”, managing two podiums this season. One year later, the Chinese driver took part in various events of the British Formula 3 International Series. In 2010 he represented Team China for two races in Superleague Formula before moving onto the Chinese Touring Car Championship in 2011 where he came away with the title after four wins and four podiums in the eight-race season.

Career Summary:

2011: Chinese Touring Car Championship: 1st in the Championship (4 wins and 4 podiums)
2010: Superleague Formula: Team China
2009: British Formula 3 International Series: Team West-Tec
2008: Formula 3 Spain, Copa de España F3: Team West-Tec: 7th in the Copa (2 podiums)
2007:Chinese National Karting Championship (Super Group): 1st in the Championship
2006:Formula Renault 2.0 NEC: Team Astromega
2005:A1GP: Team China
2004:Asian Formula Renault Series: 1st in the Championship
Formula Campus Asia Championship: 1st in the Championship
Shanghai Karting Grand Prix (ICA Group): Winner
2003:Chinese National Karting Championship (ICA Group): 6th position
2002:Chinese National Karting Championship: 2nd position
Indian International Karting Championship: 2nd position

Damon Hill has changed his mind yet again on the controversial issue of Bahrain’s return to formula one later this month.

Amid the debate about the island Kingdom’s return to the calendar in the wake of the cancelled 2011 event, the 1996 world champion said initially: “F1 must align itself with progression, not repression”.

But he changed his tune after travelling with FIA president Jean Todt to Bahrain, insisting the situation on the ground had changed since the 2011 protests.

“The grand prix is of huge economic importance to Bahrain. You’d almost be putting an economic sanction on Bahrain by pulling the race,” said Hill.

But the Briton has now changed his mind again, apparently after the latest reports of violence on the streets and the reaction in the international media.

Hill is quoted by the Guardian newspaper: “It would be a bad state of affairs, and bad for formula one, to be seen to be enforcing martial law in order to hold the race.

“Looking at it today you’d have to say that (the race) could be creating more problems than it’s solving.”

The former Williams driver is scheduled to attend this month’s Bahrain grand prix as a television analyst, but Hill brushed aside any thoughts about his lucrative contract with the British broadcaster Sky.

“Some things are more important than contracts.”

He also expressed misgivings about a recent media briefing in London, in which Bernie Ecclestone and team bosses stood with the Bahrain organisers and insisted the race is going ahead despite the continuing controversy.

Damon said that event was “troubling insofar as it tried to represent the rioting in Bahrain as the result of bad press reporting and as a ‘youth’ issue.

“I hope the FIA are considering the implications of this fully and that events in Bahrain are not seen as they are often sold, as a bunch of yobs throwing molotov cocktails, because that’s a gross simplification.”

Writing in O Estado de S.Paulo newspaper, Brazilian correspondent Livio Oricchio admitted he thinks it would be “almost reckless” for F1 to travel to Bahrain this month.

“At Sepang,” he wrote, “many team members were very concerned. They said their insurance companies had expressed concern about going to an Arab country in a belligerent state.

“Personally, I don’t think we will be attacked, but it is the goal of the protesters to do anything so that the grand prix is not run.

“The Arab Spring is very much alive in this small country in the Persian Gulf,” he admitted.

And the Times of London’s Kevin Eason wrote on Twitter: “I have been thinking F1 should give Bahrain a chance but I am not convinced now that safety can be guaranteed.”

Dr Helmut Marko has denied reports Sebastian Vettel was summoned to Red Bull’s headquarters this week to explain his behaviour at the recent Malaysian grand prix.

The Narain Karthikeyan-saga aside, reports suggested the German deliberately ignored his bosses’ instruction that he retire his RB8 – ostensibly due to a brake issue – so that he could fit a new gearbox without penalty in China.

The reports suggested Vettel had confessed immediately after the race that he heard the instruction but chose to ignore it.

“That is all nonsense,” Red Bull’s motor racing consultant Marko told Sport Bild.

“Sebastian did nothing – absolutely nothing – that was against our wishes.”

Marko said Vettel’s visit to Milton Keynes this week was scheduled long ago, adding that he will be working inside the driver simulator amongst other things.

He also hit back at claims the 24-year-old could be penalised by the FIA for breaching the code of conduct when he showed the ‘middle finger’ to Karthikeyan.

“The matter was resolved during the meeting with the stewards (in Malaysia). For me, the case is closed.”

Speaking to Kolner Express newspaper, however, an FIA spokesman confirmed that the code of conduct forbids superlicense holders from insulting their rivals.

But he added: “I imagine the application of this paragraph was considered by the stewards in Malaysia.”

And Sebastian Vettel’s spokeswoman said: “We know of no investigation.”

Adrian Sutil’s dispute with Eric Lux is now formally over, after the former Force India driver withdrew the appeal against his assault conviction.

In late January, the German was found guilty of grievous bodily harm following a Shanghai nightclub incident that occurred early last year, and was handed a suspended 18-month jail term and EUR 200,000 fine.

Sutil’s lawyers immediately filed an appeal against the Munich court’s penalty, prompting the prosecution to do the same.

But Bild-Zeitung reports that the 29-year-old has now withdrawn that appeal, the German newspaper adding that the prosecution followed suit.

“I am very happy that I have been able to express myself to Eric Lux and don’t have to go to court again.

“I don’t want to have to go through another year like the one past.

“The topic is finished and I want to resume doing what I do best as quickly as possible — racing in formula one,” said Sutil.

Bild said Sutil’s FIA superlicense is not affected by his criminal conviction or his accepting of the sentence.

“We are very pleased that Eric Lux and Adrian have spoken and the topic is now closed,” said his manager Manfred Zimmermann.

“From now on we will concentrate only on the sport and do everything to get Adrian back in formula one.”

The FIA could sanction F1′s reigning back-to-back world champion for his behaviour during the recent Malaysian grand prix.

Before calling backmarker Narain Karthikeyan a “gherkin” and “idiot” in the wake of their collision, Sebastian Vettel was captured by his on-board camera twice displaying his middle-finger to the Indian driver.

“I think he’s highly frustrated because he’s having a tough season,” Karthikeyan told the Deccan Chronicle on Wednesday.

“It’s completely unprofessional to blame me for the incident. The derogatory remark only goes to show him in bad light.

“Just because he has a good car, he can’t call others an idiot,” Karthikeyan continued.

“I have won races in all the previous single-seater championships I have participated in so I don’t need a certificate from Vettel.”

Reports in Germany, including in the Kolner Express, Bild and Die Welt newspapers, claim that Red Bull driver’s behaviour may have breached the new stricter code of conduct introduced by FIA president Jean Todt.

The FIA has been contacted for comment.

“He has breached the code of conduct,” former F1 driver Marc Surer told Germany’s Sky television. “You sign it when you get the license and then you have to behave correspondingly.

“Any behaviour that hurts other people or the sport is an offense,” added the Swiss.

Asked what the penalties might be, Surer explained: “Anything from a warning to a license revocation. In this case I think it was quite understandable and there will be a mild punishment, if there is anything.”

Hans-Joachim Stuck, however, is slightly less forgiving.

“When you’re overtaking, misunderstandings can occur. I think Vettel needs to learn this.

“With him, the curve was always upwards and now it’s not the case, and he needs to deal with that,” the German legend told the DAPD news agency.

As for Vettel’s description of Karthikeyan as a “gherkin”, Stuck insisted: “It’s better than ‘asshole’.”

Vettel’s attack, however, was sustained, with Kleine Zeitung newspaper now quoting the Red Bull driver as having said: “Maybe formula one is not the place to learn how to drive.”

Stuck responded: “If Sebastian had left more space, it would not have happened. It happens sometimes so it’s a racing incident.

“He (Karthikeyan) didn’t do it on purpose and it always takes two.”

The HRT driver hit back by calling Vettel a “bully”, and even David Coulthard – a Red Bull team consultant – defended Karthikeyan.

“He can’t make his car invisible,” the Scot is quoted as saying by the Mirror.

Also defending Karthikeyan was Force India driver Nico Hulkenberg, who told the Indian press this week: “From what I saw, it was not Narain’s fault.

“So I don’t really understand why he (Vettel) said all that.”

Hukenberg’s Force India teammate Paul di Resta added: “Narain is entitled to do as much on the track in comparison with someone like Vettel.

“Both are F1 drivers and are there to represent their teams.”

Lewis Hamilton has vowed to push his McLaren engineers to improve the race pace of the British team’s 2012 car.

The 2008 world champion put the MP4-27 on pole position for both the Australian and Malaysian grands prix, but then failed to have winning pace in the all-important races.

“In qualifying we are very quick but we need to be quicker in the race,” Briton Hamilton is quoted by the Sun newspaper. “I don’t think we are quick enough.”

F1′s next stop is in Shanghai mid next month.

“We will have some upgrades for the car, I hope,” said Hamilton. “I will go and push the guys to see if we can get some upgrades to try and squeak ahead in the race.”

He admitted to being disappointed after the two races so far this season, when the MP4-27′s qualifying promise did not power him to wins.

“The main thing is I need to pick up my race pace,” Hamilton is quoted by PA Sport.

“I spoke to Fernando (Alonso) and Sergio (Perez) after (the race in Malaysia) and they had lots of understeer whereas I had lots of oversteer.

“Maybe I’m setting the car up too aggressively, so I might make some changes for the next two races,” he said.

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