Money could be at the heart of the delay in Lewis Hamilton’s re-signing with the McLaren team.

Until now, the British team has indicated it wants the 2008 world champion to stay on board, while 27-year-old Hamilton insists he has no plans to leave and will turn his attention to the 2013 contract soon.

But according to Blick newspaper, McLaren is pushing to cut Hamilton’s existing contract retainer “in half” to “about EUR 10 million”.

The Swiss report said the driver is unimpressed with the negotiations so far, but at least Hamilton’s mood has improved tenfold compared with his calamitous 2011.

It is a full year since Hamilton raged about his “frickin ridiculous” track rivals in the 2011 Monaco grand prix, when he also half-seriously suggested that the stewards were targeting him “because I’m black”.

He is back on top form this season, but still yet to win a race, arguably mainly due to McLaren’s numerous team mistakes.

Reports have suggested boss Martin Whitmarsh, who insists Hamilton “deserves” to win this weekend in Monaco, is worried the mistakes might drive the highly rated racer away.

On Wednesday, however, Hamilton denied he is frustrated.

“I’m not, no. This is the way racing goes sometimes,” he insisted.

“I could easily get frustrated because I could have a healthy lead in the championship — but that’s not the case.

“I don’t want to speak too early but something has definitely changed. Whatever I’m doing is working,” he told British reporters.

“In life, things just seem a lot better and that’s enabling me to get on with my job without having any baggage.”

Bahrain, the controversial island Kingdom, could have been central to McLaren’s decision to agree the terms of the next Concorde Agreement.

Bahrain’s ruling family, through its investment arm Mumtalakat Holdings, owns half of the famous British team.

The Times’ F1 correspondent Kevin Eason quoted a source as saying the link “pushed (McLaren’s) Concorde deal over the line”.

In return for signing up, Bahrain reportedly received a “pledge” that last month’s highly contentious grand prix would go ahead.

Eason also said it is possible that one of McLaren’s two Bahraini directors, rather than the obvious choice Ron Dennis, could be appointed to the F1 board once the sport is floated on the Singapore exchange.

Bernie Ecclestone denied the 2012 Bahrain grand prix and the Concorde Agreement deal were linked.

“It was nothing to do with the Bahrain race (going ahead),” the F1 chief executive insisted. “But McLaren liked the deal.”

Intriguingly, however, F1′s post-stock market floatation chairman Peter Brabeck-Letmathe has defended the controversial decision to push ahead with Bahrain last month.

“The race was exploited by the opposition in Bahrain, not vice versa,” he told the Austrian newspaper Kleine Zeitung. “That was not interpreted correctly by the media.

“If groups want to exploit sporting events for their interests, then the worst thing you can do is give way.”

Brabeck also compared Bahrain to England.

“In what countries are there no riots?” he asked rhetorically. “A year ago there were riots in London — should the Olympic Games now be cancelled?”

Mark Webber has denied signing with the Ferrari team for 2013.

Spanish media reports, indicating that a letter of intent may already have been written, said Fernando Alonso favours Australian Webber to replace the struggling Felipe Massa.

The reports also said Webber, 35 and with an expiring Red Bull contract, could be signed for a single season ahead of Sergio Perez joining in 2014.

“Sergio was flavour of the month last week for the Ferrari drive; now it’s me,” Webber said at the Mugello test on Tuesday.

“I’m focusing 100 per cent on this season and doing the best job for myself and Red Bull Racing. I’m not putting any energy into anything else.”

Italian-language reporters also quote Webber as saying: “There’s a whole season ahead of us before we need to think about the future.

“One day the talk is about Jenson (Button joining Ferrari), then it’s Sergio, now it’s me. I haven’t signed anything.”

“My focus is on this team (Red Bull); we’ve had a good start to the season, we’re only four races down and the road is very, very, very long before we start talking about the future.”

As for the closely-contested 2012 championship, Webber added: “The grid is very close together.

“Sebastian (Vettel) had a weekend without problems in Bahrain and won but he didn’t dominate, and that’s the same for everyone.

“No one will be dominant in the first half of the season, so to be third at the start of the European season is not bad,” he said.

A Daimler shareholder has called on the German car giant to pull its works Mercedes team out of formula one.

Fund manager Ingo Speich, of the Daimler shareholder Union Investment, said at Daimler’s annual general meeting that he is disappointed Mercedes has lost ground to road car rivals Audi and BMW.

“Mercedes is no longer the measure of all things in the premium sector,” he is quoted as saying by Die Presse.

Speich referred to “a lost decade” for Daimler, and called on the company to follow BMW’s recent lead and pull out of formula one.

His speech reportedly received applause from other shareholders.

Mercedes is the biggest formula one team yet to follow the likes of Ferrari, McLaren and Red Bull in signing a new Concorde Agreement beyond 2012.

HRT’s team boss has admitted installing KERS is an unlikely goal for the struggling Spanish team this year.

Luis Perez Sala said the new F112 was designed to accommodate the energy-recovery technology, but qualifying comfortably within the 107 per cent rule is a better target for now.

“We have a car we are yet to discover,” he told El Confidencial.

Indeed, HRT travelled to Australia last month having hardly run its new Cosworth-powered car, and failed to qualify for the season opener.

“It is designed to carry KERS but in the short term we will not (use it). We don’t think we’re going to race with it this year,” he added.

“So, in this respect, it’s not perfect. Right now, we have assembled the car in a hurry and so the private testing at Mugello, just after Bahrain, will be very important to us.”

Sala, having rebuilt HRT following the departure of team boss Colin Kolles, was speaking from HRT’s new headquarters at the Caja Magica (Magic Box).

“After Bahrain, we will have the cars here. From the Spanish grand prix, we will begin to function more effectively.

“In China and Bahrain we will improve things in the car and the team, but it is a slow process that will last all year.

“As I sit here (in Madrid), some people are in Valencia, others in Germany, England … the cars are flying to China and we need to address issues of reliability, not just performance.”

It is a tough situation for HRT, but Sala concedes that the ‘paddock perception’ of the team is that it has gone backwards since debuting in 2010.

“It is really our first year,” he insists.

He reveals that Bernie Ecclestone, once a staunch critic of the struggling backmarkers, is “quiet”.

“We have not had any problems, I think he is calm,” said Sala.

It is also a busy time off the track for HRT, as many rival teams are busily signing the new Concorde Agreement for 2013.

“There are teams that are more advanced than others; for us, the negotiations are still at the beginning,” he said.

The most obvious goals right now, Sala insists, are to have “a team that works together, has a reliable car and a small team that can develop it, and we’re around 105pc off the pole”.

Pirelli is reportedly considering signing a 2011 race driver to be the official tyre supplier’s new test driver.

AS newspaper in Spain said Jaime Alguersuari, formerly at Toro Rosso and now travelling the F1 calendar as a co-commentator for British radio, is a front-runner.

Pirelli has secured the use of a 2010 Renault for private development testing this year, which is expected to begin in May.

AS said the “only obstacle” to a deal for 22-year-old Alguersuari is that Pirelli, an Italian marque, is also interested in grand prix winner Jarno Trulli, who raced last year with Team Lotus (now Caterham).

There are no Italian race drivers in F1 this year.

 Williams will not rush into signing a new title sponsor, chairman Adam Parr insists.
The famous British team performed woefully in 2011 and lost its naming backer ATT, yet recently revealed improved turnover and profits.

And Parr told Reuters the Grove based team has more than $45 million in the bank.

“I am very satisfied with what we have done overall with the business,” he said.

“We don’t have a title sponsor at the moment and obviously that’s an important initiative for us. But it’s something that you have to get right because your title sponsor is the most visible of your partners,” Parr explained.

“In many ways, it sets the character of the team. You want a title partner who is very active in the way they promote and activate the partnership.

“This is not something we are going to rush into, this is something we want to get right.”

For the moment, Williams’ main source of income appears to be the controversial deal with Venezuela’s state-owned oil company PDVSA, including Pastor Maldonado as driver.

“PDVSA is an important partner of the team in financial and other respects but it is by no means the only one,” insisted Parr.

Maria de Villota has admitted she is not Marussia’s reserve driver for 2012.
The 32-year-old Spaniard made international headlines last week by signing with the former Virgin team.

But she has admitted that, should Timo Glock or Charles Pic be unable to race this season, she will not automatically step into the MR01.

“I am available but I am a test driver, not the reserve driver,” she told the AS sports daily.

“Everything is to be decided by the team,” added de Villota, who revealed she will travel to all the grands prix this year.

“If there is an incident with them (the race drivers) … you will have to ask John Booth, the team boss,” she answered.

De Villota is also not contracted to practice on Friday mornings, but would not reveal any further details of her new contract.

“I am blessed by sponsors who have got me into F1 under conditions no one would have imagined were possible. I’m proud of that,” she said.

Mark Webber is yet to secure his place at Red Bull for the 2013 season.
Team boss Christian Horner said the Australian has a “spring in his step” after a strong winter following Sebastian Vettel’s dominance last year.

But as for the future, he said that will only be discussed “in the summer”.

“We’ve extended his contract on a year by year basis, I think that’s something that Mark and the team agreed was the right way forward,” Horner told Sky Sports.

“His motivation is high at the moment, he’s still delivering and undoubtedly will sit down later in the summer to discuss the future.”

The biggest threats to 35-year-old Webber’s place are rookie team Toro Rosso’s new signings, Daniel Ricciardo and Jean-Eric Vergne.

Horner admitted the young duo is “being groomed for the future”.

But the real tension for Webber will be in the Red Bull garage, as another trouncing by Vettel could signal the end of his tenure.

“(Vettel is) probably one of the best, if not the best driver on the grid at the moment and that’s what Mark Webber’s got to come up against, unfortunately,” 1980 world champion Alan Jones told News Limited newspapers.

“This is why I think Mark’s really got to come out of the blocks flying, he’s got to come out firing.”

 Marussia’s new car for 2012 does not feature a ‘step’ on its front nose.
Every team on the 2012 grid, including HRT who are yet to release their 2012 car, responded to the FIA’s new height regulations by designing an awkward ‘step’ between the monocoque and the tip of the nose.

The one exception, until now, was McLaren.

But Germany’s Auto Motor und Sport reports that the 2012 Marussia, which will be seen for the first time in Barcelona next week, also has a clean aerodynamic line at the front.

The former Virgin team works closely with McLaren, including using the famous British team’s test rigs and wind tunnel.

“In fact, there was little difference in theory between the two solutions. So why take risks with something that we do not know?” a Marussia team source is quoted as saying.

Timo Glock has already driven the new step-less Marussia in the McLaren simulator.

“We don’t have too much experience with the simulator so we hope that it’s right, but we will not be too optimistic — that’s not to say that I’m disappointed,” said the German driver.

“I think we have a good base to build upon,” added Glock.

“We have been focusing for a long time on finding the errors with the previous car and getting over them,” he is quoted by Speed Week magazine.

 Giedo van der Garde is set to return to the track with Caterham during the forthcoming Barcelona tests, reigniting speculation about Jarno Trulli’s future with the former Lotus team.
After the sponsor-backed Dutch GP2 driver was signed on as 2012 reserve driver, he was also drafted into the Jerez test lineup at short notice, bumping Italian veteran Trulli from Thursday’s running.

And France’s Auto Hebdo quotes the 26-year-old as revealing he expects to return to the wheel soon.

“It was not easy for me to fully exploit the new tyres and brakes, but it will be better at the next test.

“The team is happy with my performance. I hope to do another test before the season starts,” van der Garde said.

Also reportedly in the running at Caterham is the Renault refugee and Russian-backed Vitaly Petrov, with Sport Bild claiming Trulli’s 2012 place is “probably not safe”.

“For now I’m safe,” Trulli was quoted on Monday by the Italian website Stop and Go.

Also perhaps feeling nervous at present is Marussia’s new signing Charles Pic, who according to Dutch website f1today.nl is grappling with “sponsorship and payment problems”.

The former Virgin team denied the reports.

“I want to prove to everyone that I have the talent to succeed in F1,” he is quoted by French language RMC Sport.

“Timo (Glock) has a lot of experience and has been on the podium — my goal is to learn from him and try to beat him as soon as possible,” added Pic.

 Lotus team owner Gerard Lopez has hit back at suggestions Kimi Raikkonen’s public image is an accurate reflection of the true 2007 world champion.
While the winner of 18 grands prix with Ferrari and McLaren is undoubtedly among F1′s most naturally gifted drivers ever, he also has a reputation for being lazy, unmotivated and uncooperative with the media and sponsors.

But after signing the 32-year-old Finn – who is nicknamed the ‘iceman’ – for his return to F1 in 2012 after two years in world rallying, Lotus insists it is more happy with Raikkonen so far.

“We feel very good with him and he clearly feels at home,” team owner Lopez is quoted by the Sun.

“He smiles a lot when he’s with us. But most importantly he says he feels like part of the family.

“I think Kimi has a public image that honestly from what we’ve seen does not translate into how he really is.

“He’s a very hard worker, very good at providing feedback and has a good team spirit.”

Lopez hinted, however, that he and team boss Eric Boullier did have some doubts about Raikkonen when they were considering their 2012 lineup.

But “Once we talked to him, once we understood why he was coming back to F1, we really felt comfortable,” he insisted.

“If you look at what happened at the (Jerez) test nobody can say he’s not on the pace.”

 Heikki Kovalainen has admitted to relief after signing on with well-known management stable IMG.
The Finn has been handling his own career on and off the tracks since splitting in 2009 with Flavio Briatore in the wake of the ‘crashgate’ affair.

According to the broadcaster MTV3, Briatore did not give up Kovalainen without a fight.

“We have had a battle with Flavio for a couple of years,” revealed the 30-year-old Caterham driver. “In the meantime, we had to take care of things ourselves.”

Kovalainen admitted that with his current contract up at the end of this year, his future for 2013 and beyond is open.

“Either we continue with Caterham or pursue at some other place, so in either case this (signing with IMG) is the right solution,” he said.

After months of evaluations and negotiations in which diverse options have been assessed, Spanish team HRT has finally opted for the facilities of the Complejo Deportivo Madrid Caja Mágica to locate its permanent headquarters.

The team will occupy part of the Caja Mágica facilities and will coexist with the Masters 1000 Madrid Open. HRT F1 Team will be specifically situated in the Indoor Sur and Indoor Central buildings, occupying a total surface of 11,000m2.

In only seven months, the new directors have carried out a restructuring process with the objective of providing the team with stability and viability, besides having a new identity. To reach these targets, a lot of hard work has been focused on three fronts in these last three months: the new car, the renewed operational and technical team and a permanent headquarters which, besides from uniting the whole team in a workspace with F1 standards, will contribute an added value to the team.

With the signing of Pedro de la Rosa this past October a long desired objective was accomplished, which was none other than to incorporate a Spanish driver. The recent addition of Narain Karthikeyan completes a driver line-up packed with experience, which is of great value in this new chapter for the team.

The renewal of the technical team started once the 2011 season was over and the new team members have been working ever since at the temporary logistical base in Paterna, Valencia, until the definitive relocation to the permanent headquarters is carried out. The chosen venue had to meet very specific and ambitious requirements.

And the Complejo Deportivo Madrid Caja Mágica meets the requirements that HRT Formula 1 Team considers indispensable for this new chapter. It is a versatile and sustainable space that will take in the different departments that make up the team besides being an area open to fans, sponsors, suppliers and collaborators.

Remodeling and adaptation of the space will begin immediately and it is calculated that in under a month the first workers will be able to move in. The technical and operational sectors of the team won’t do so until Formula 1 returns to Europe but the headquarters is expected to be fully operational for May. The Technical Design Office is anticipated to move in progressively as of early June, thus completing a programme which is calculated to generate more than a hundred jobs with different degrees of specialization.

The headquarters won’t only be a technological and R&D centre, but also a way of getting closer to the public, sponsors, suppliers and collaborators with accessible areas such as a future museum, guided tours or a conference area, whilst also becoming a formation centre.

Electric mobility and sustainability are fundamental aspects for HRT and something it shares with the Complejo Deportivo Caja Mágica. The team is a pioneer in the Formula 1 world after integrating alternative energies to petrol in its mobility plan and using electric bicycles to move around both at Grands Prix and away from them.

The Complejo Deportivo Madrid Caja Mágica is a multifunctional centre designed by the architect Dominique Perrault. It is located in the Parque Lineal del Manzanares, in a space of 17 hectares which includes large garden areas. The design and distribution of this space enables the celebration of all kinds of events, not only sporting ones, such as presentations, spectacles and conventions.

Saúl Ruiz de Marcos, HRT F1 Team CEO: “For us it is fundamental to have a headquarters that, apart from uniting the team and ending with the dispersion, is beneficial from a logistical and industrial point of view. But that also enables us to maintain a closer relationship with our fans, suppliers and sponsors. Madrid and the Caja Mágica facilities fit perfectly with the standards we were looking for. In the last few months we have assessed different options, looked at their pros and cons, and we feel that the decision to establish our permanent headquarters in Madrid was the best one. I want to thank Madrid Espacios y Congresos for the interest they have shown in this going ahead and I’m sure that this relationship will be very beneficial for everyone”.

Luis Pérez-Sala, Team Principal of HRT F1 Team: “We’ve been working hard for months and establishing our permanent headquarters was very important. Finding a space in which we could all work together was vital, in order to optimize work and generate a good team feeling, a sense of belonging. When the adaptation of the facilities is completed and every department starts working under the same roof in a few months, we will only have one step left to take, which is to have the design department in Madrid too. All this implies not only becoming a place to feel identified with and carry out activities for the team, its sponsors, suppliers and fans, but also an important reference in technology and R&D in the centre of Madrid”.

Adrian Sutil on Thursday confirmed reports he looks set to stay another season with Force India in 2011.

The German had flirted with moves to Renault or Williams but admitted at Interlagos that he is now leaning towards signing a new deal with his long-time employer.

“The tendency is to (stay at) Force India,” Sutil is quoted by Auto Motor und Sport.

“We are currently in close talks. I am definitely ready to stay here for another year. The trend is with this team, but it’s not signed yet,” he added.

Sutil said it will take at least another two weeks before the deal is sealed.

“The final decision won’t be made until after the season unfortunately,” he revealed. “I would have wanted it sooner, but it didn’t happen.”

The news is a blow for Nick Heidfeld, who had hoped to move to Force India. The Silverstone based team already has a contract for 2011 with Vitantonio Liuzzi.

“If Sutil is staying there, probably I have no chance with Force India,” confirmed Heidfeld, who is being replaced at Sauber by the Telmex-backed rookie Sergio Perez.

There might be a vacancy at Renault, but the Enstone based team is thought likely to re-sign its well-funded Vitaly Petrov.

Meanwhile, Nico Hulkenberg’s place at Williams is under threat by the Venezuelan Pastor Maldonado, who is backed by state petroleum company PDVSA.

Sir Frank Williams last week spoke highly of Hulkenberg, but the young German pointed out that “with praise I can buy nothing”.

“Williams have told me that there is still a chance (of staying in 2011),” added Hulkenberg.

He is disappointed at the thought of being ousted by his GP2 teammate of 2009.

“In qualifying, I beat him I think 10-0,” noted Hulkenberg.