Formula One news

Ecclestone: Team Irvine is good for Formula 1

Bernie Ecclestone says it is good news that Eddie Irvine may soon join the team owners' circle. The F1 impresario insisted it will be 'good for F1' if Irvine's Russian backer snaps up the Silverstone based team for around half the price paid by Alex Shnaider six months ago. "I like the idea," he told England's Daily Telegraph newspaper. "He will make a lot of noise and upset a few people."

Shnaider bought the team from Eddie Jordan for around $45 million, including $20m in debt. But Irvine - who won't, incidentally, be personally investing a penny - could snap up Jordan for a paltry $22m.

So why did an apparently disinterested Russian-Canadian buy Jordan in the first place? "Because they like to party," Ecclestone, 74, grinned.

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• 29 Aug.
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  • Another accolade for Frank Williams
  • Hamilton relishing Spa challenge
  • Photos: Friday in Monza
  • Former champion Phil Hill passes away
  • Alonso happy with first day at wheel
  • Rosberg hopeful of upward trend
• 28 Aug.
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  • Photos: Thursday in Monza
  • Raikkonen to play support role to Massa if needed
  • Renault happy with first day, despite position
  • Weather key to title - Whitmarsh
• 27 Aug.
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  • Hamilton almost didn't race, confirms Whitmarsh
  • Hamilton 'playing the long game'
  • Photos: Wednesday in Monza
  • Sauber still involved at BMW
  • Toro Rosso to trial Buemi for 09 drive
• 26 Aug.
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  • Trulli confident Toyota can keep fourth
  • Don't write off Raikkonen warns Dennis
  • Ferrari boss takes penalty on chin
• 25 Aug.
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  • Alonso feels for Spanish fans
  • Sutil didn't see Massa coming
• 24 Aug.
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  • McLaren savours solid performance
  • BMW celebrates return to podium
  • Force India looks for the positives
  • Vettel takes another three points for Toro Rosso
  • Williams back in the points
  • Toyota moves ten points clear in fourth
  • Weekend to forget for Renault
  • Another pointless day for Honda
  • Massa escapes with reprimand
  • Disasterous day for Red Bull

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