Reigning constructors' champion Ferrari will unveil its 2009 F1 car at its Italian headquarters on 12 January.

Kawasaki are poised to withdraw from the 2009 MotoGP championship.

Lewis Hamilton says he feels "humbled" after becoming an MBE in the Queen's New Year Honours.

Mexican billionaire Carlos Slim says reports he is one of four parties in talks about a possible rescue bid for the former Honda F1 team are "completely false".

Toyota vows to continue running its Formula One team despite forecasting an annual loss of over £1bn.

Formula One teams representative Luca di Montezemolo says commercial supremo Bernie Ecclestone should consider stepping down.

Ferrari team boss Stefano Domenicali says top Formula One teams may no longer be able to pay such large salaries to their star drivers.

Prodrive boss David Richards says Formula One's recent attempts to cut costs could open the door for smaller, private teams to return to the grid.

Oxford-born touring car driver Jason Plato believes he can secure a new British Championship team for 2009.

Subaru follow Suzuki by withdrawing from next year's World Rally Championship, blaming the global economic downturn for their decision.

Pictures of the sporting stars who are rewarded in the Queen's New Year Honours List - including F1 champion Lewis Hamilton

F1's top names, apart from Lewis Hamilton, return to the track

Our sporting version of Hallelujah - can you do better?

The Tees Mouth doles out some Yuletide cheer to the great and good of sport

Could F1's financial difficulties be the saving of the sport?