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Page last updated at 15:26 GMT, Wednesday, 2 February 2011

Formula 1 gossip and rumours from international media

BBC Sport brings you a regular round-up of the gossip in newspapers and on specialist websites around the world.

Mercedes is expected to take complete control over the remaining 24.9% of shares owned by team principal Ross Brawn and his partners before the start of the 2011 season. The German car giant bought the Brawn team 13 months ago.
Full story: Auto Motor und Sport (in German)

Virgin have reshuffled their management team, bringing in F1 veteran Ian Phillips - formerly of Lleyton House, Jordan, Spyker and Force India - as chief operating officer. Nikolay Fomenko of new co-owner Marussia Motors is engineering director and chief executive officer Graeme Lowdon moves to a new role as president. John Booth continues as team principal.
Full story: Virgin Racing

Renault has total faith that its radical new exhaust system will provide a big boost to its performance this year, despite an inconclusive first day of testing its new car at Valencia on Tuesday.
Full story: Autosport

McLaren are tipped to have the same exhaust idea as Renault on their new car, which is being unveiled on Friday. The Renault exhaust exits at the front of the sidepods, speeding up the airflow around and underneath the car to increase downforce.
Full story: Auto Motor und Sport (in German)

The Australian Grand Prix has been given assurances that it will continue to receive the full support of the Victoria government - despite recent doubts about the future of the event.
Full story:

The first layer of asphalt has gone down - ahead of schedule - at the Jaypee International Race Circuit, near New Delhi, venue for India's impending first Grand Prix, says Karun Chandhok's father Vicky. F1 race director Charlie Whiting will visit the new track on 14 February. Vicky Chandhok on Twitter

This story will be updated throughout the day

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see also
Tuesday's F1 gossip column
01 Feb 11 |  Formula 1