Formula 1 news

Toyota-Jordan deal 'close'

Denying that a customer Toyota V10 engine deal is already tied up, Jordan's Ian Phillips nonetheless admitted that a former arrangement is 'close.' The struggling F1 team's commercial director told Reuters that 'a lot of paperwork' must now follow a basic agreement between Jordan and the Cologne-based grand prix car manufacturer.

"It's going to be a couple of weeks before it's all absolutely certain," he added.

Meanwhile, fellow F1 minnow Paul Stoddart - who runs the other back-of-the-grid outfit - said there was 'no doubt at all' that Minardi will be on the Melbourne grid. "If we were to fall down to nine teams it would be a sad day," the Australian entrepreneur told BBC.

more news

• 21 Mar.
  • Button: Melbourne should suit our package
  • Small upgrades expected at McLaren's MP4-25
  • Hamilton expects less problems in Melbourne
• 20 Mar.
  • FIA launches 2011 team selection process
  • Kobayashi hoping to be more competitive in Melbourne
  • Rosberg positive ahead of Australia
  • Sauber expecting more from Albert Park
• 19 Mar.
  • Kevin Magnussen signed up by McLaren
  • 'We should be more competitive in Melbourne' - de la Rosa
  • Mercedes not competitive enough, says Brawn
  • Lauda impressed by Schumacher comeback
  • Schumacher: Australia a highlight on the calendar
  • Montagny joins Superleague Formula
  • Webber hoping to finish ahead of Vettel
• 18 Mar.
  • Monza signs new F1 contract
  • McLaren buys back Mercedes shares
  • Massa never doubted physical condition
  • Coulthard to drive Red Bull in Belfast
  • Give regulations a chance, says Mallya
  • De la Rosa becomes Certina ambassador
• 17 Mar.
  • Cosworth pleased with F1 comeback
  • GPUpdate TV: Stefano Domenicali interview
  • Schumacher return boosts German TV ratings
  • Bruno Senna column: The season starts in Australia!
  • 'I put too much trust in US F1' - López
  • Button: McLaren will be stronger in Melbourne
  • Horner still hoping for two stops
  • Michael confident with Hülkenberg
• 16 Mar.
  • Ecclestone ponders return to America
  • Lotus eyes Toro Rosso and Sauber
  • Fry: Button must catch Hamilton
  • Di Resta to drive on Melbourne Friday
  • Coulthard slams Mosley's regulation ideas
  • Webber shocked by overtaking difficulties
  • Teams must not write rules, says Ecclestone
  • Vettel: Alonso would not have passed
  • Michael pleased to finish after problems
  • Renault 'daringly late' with development
• 15 Mar.
  • Schumacher 'very, very happy' with result
  • First-corner IndyCar collision for Sato

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