A leaked invoice suggests PDVSA, the state owned Venezuelan oil company, is paying a staggering US$46 million for its sponsorship of the Williams team in 2012.
Despite its authenticity having not been confirmed, the invoice from Williams – includes the Oxfordshire based team’s correct Barclays bank account – requests the full amount in pounds sterling.

Also appearing on the internet in recent months were the full contract between team driver Pastor Maldonado and Williams, and a stamped letter from Venezuelan congressman Carlos Ramos.

The leaking of the documents, with the invoice now published on the website of the Spanish sports daily Marca, surrounds Venezuelan officials’ doubts about the legality of Williams’ lucrative PDVSA deal.

Ramos’ letter to Williams’ communications boss Claire Williams last November referred to an “ongoing investigation” by the Venezuelan parliament.

“You may … be aware that our congress granted no approval to the sponsorship contract between Williams F1 and PDVSA,” he wrote, demanding Williams divulge the “amount disbursed to date to Williams F1 by PDVSA”.

Maldonado is backed directly by PDVSA, and is famously close to Venezuela’s controversial president Hugo Chavez.

Apr.29 (GMM) Charlie Whiting has green-lighted Silverstone’s new ‘Arena’ section for use at the 2010 British grand prix in July.

The FIA’s race director, official starter and safety and technical delegate toured the 760 metre section – featuring six new corners – earlier this week.

The layout was then launched officially for dignitaries and the media on Thursday.

“Charlie Whiting was here yesterday,” confirmed the track’s managing director Richard Phillips, “and we walked the circuit and we’ve got our Grade A licence for the next three years.”

With MotoGP being held at Silverstone this year, it was decided that a new layout was necessary for safety reasons — particularly the proximity of the famous bridge at the now-bypassed Bridge corner.

The renovation has cost 5m pounds sterling, with riders and drivers to turn right instead of left at the old Abbey chicane entry before embarking on a section incorporating the old National straight, renamed Wellington.

The new layout rejoins the old circuit with a faster entry to the ‘Brooklands’ corner near the end of the lap.

(GMM) While F1 personnel devise imaginative routes back to Europe, the harshest impact of the volcanic ash lingering above Europe could fall on Virgin.

With FIA clearance, the new British team has been busily designing a new chassis to accommodate a fuel tank big enough to take its cars to the end of races.

The package, at an estimated development cost of 1 million pounds sterling, was due to debut in Barcelona in three weeks.

But F1’s hundreds of kilos of freight – including the two race cars driven by Lucas di Grassi and Timo Glock in Shanghai – are currently holed up at Shanghai airport while the six 747 jets are stranded back in Europe.

It means the Virgin cars, including a third spare monocoque, might not be returned to the Yorkshire base in time – or at all before being shipped to Barcelona – so they can be modified for the new chassis package.

It is believed Virgin only has a single VR-01 monocoque already at the factory, so it is possible that either di Grassi or Glock could be forced to contest Spain next month with the too-small fuel tank still fitted.

However, given Virgin’s reliability record so far, the drivers are rarely in need of a full tank of fuel. Only in Malaysia did Brazilian rookie di Grassi make it to the chequered flag.

At every other race so far, the 25-year-old has retired, while Glock has not completed a full grand prix distance at all in 2010.

Yesterday, Jamie McMurray won the 2010 Daytona 500 behind the wheel of his number 1 Chevrolet leading only two laps, the least in Daytona 500 history. He beat out Dale Earnhardt Jr who placed second, and Greg Biffle third. McMurray humbly cried after the race showing great respect for the men who previously won this historic race.

In 1999, McMurray made 4 starts in the Craftsman Truck series. In 2000, he ran 15 Craftsman Truck races and posted 1 top-five and 4 top-ten finishes.

In 2001 and 2002, he competed full-time in the NASCAR Busch Series, driving the #27 Williams Travel Centers Chevrolet Monte Carlo. The latter year turned out better for McMurray, as he won two races and finished sixth in the overall points standings.

Before the fall race at Richmond in 2002, Chip Ganassi announced McMurray as the driver of a Texaco-Havoline sponsored Dodge in 2003. Ganassi planned to have Jamie drive the #42 Dodge for seven races in 2002. Those plans were accelerated when Sterling Marlin fractured a vertebra at the Winston Cup Race at Kansas Speedway.

At the end of 2009, he left Roush Fenway Racing to drive for Earnhardt Ganassi Racing in the #1 car, replacing Martin Truex, Jr who signed to drive for Michael Waltrip Racing. His departure came as Roush Fenway was forced by a new NASCAR policy implemented a few years prior that limited the amount of cars a race team could have to four, and the #26 was the team Roush Fenway chose to cut. McMurray will reunite with Chip Ganassi in the upcoming Rolex 24 Hours of Daytona.