Felipe Nasr has lauded Sauber's decision to hire the experienced Mark Smith as its new technical director.
Mark Smith will join the Sauber team as its new technical director, it is announced. 
Manor chief Graeme Lowdon says his team is balancing the task of day-to-day challenges alongside the long-term rebuild 
Manor launches a 'long-term ambitious plan' to turn its fortunes around with the acquisition of former Renault team principal Bob Bell as a consultant 
Tony Fernandes has passed control of the Caterham F1 team to a consortium of investors advised by Colin Kolles 
Bob Bell is to leave Mercedes at the end of November this year after resigning from his position of technical director 
Eddie Jordan has put his personal F1 collection - including two historic cars plus helmets and trophies - up for sale. 
The FIA is due to begin its assessment of applications to join the Formula 1 grid in 2015, with several proposals having been submitted. 
Once rumoured as a possible replacement for Bernie Ecclestone at the head of F1, Justin King has revealed that he is to leave his current role in July.....