Nico Rosberg says he is targeting ‘regular points finishes’ in 2009 after a mixed bag of results for Williams this year.

French Manufacturer PSA has joined the growing list of potential buyers for Honda following the demise of the Japanese manufacturer earlier in the month.

PSA, which sells cars under the names Peugeot and Citroën and runs respective campaigns in sport scars and world rallying, is the latest organisation to be linked to the Brackley-based outfit following rumoured interest from David Richards’ Prodrive team, Carlin Motorsport, Dubai Investment Capital and Ultimate Motorsport.

Toro Rosso ace retains his edge in Spain as McLaren and Ferrari go head-to-head in the Algarve.

Sebastien Buemi was once again at the top of the time sheets in winter testing after lapping quickest on the opening day of this week’s running at Jerez.

Lewis Hamilton has been voted runner-up to triple Olympic cycling gold medallist Chris Hoy in this year’s BBC Sports Personality of the Year Award – it is the second time that the British Formula One driver has been pipped to second place with boxer Joe Calzaghe winning the award in 2007.

Renault boss Flavio Briatore has revealed that he intends to remain in Formula One for another two years before quitting.

The Italian will take on a revised and less hands-on role at Renault next year when his contract runs out with the French team.

Force India will sport an unchanged driver line-up for 2009, retaining the services of Giancarlo Fisichella and Adrian Sutil.

It had been rumoured that a McLaren-Mercedes driver would occupy one of the race seats next year following confirmation of a technical partnership deal between the two outfits.

A notable absence from the FIA’s raft of measures to cut costs in Formula One and secure the sport’s future [see separate story HERE] was budget-capping.

Like the bulk of the FIA’s proposals – which included a ban on in-season testing and major restrictions on aerodynamic and engine development – budget-capping had been explored extensively by the teams under the new, and increasingly efficient, Formula One Teams Association (FOTA).

BMW Sauber boss Mario Theissen has endorsed the FIA’s package of measures to ensure the financial well-being of Formula One amid the global economic downturn.

Formula One’s supreme governing body, the FIA World Motorsport Council, yesterday unveiled a raft of rule changes to reduce costs, including a ban on in-season testing, and restrictions on aerodynamic and engine development.

Bernie Ecclestone’s controversial proposal to introduce an Olympic style medal scoring system in Formula One was rejected by the FIA yesterday as the governing body announced a radical shake-up of the sport, but the FOM chief executive is still determined to win support for the idea.

Lewis Hamilton took centre stage at the FIA’s star-studded end of season Gala in Monaco last night, the newly crowned British champion at last laying his hands on the coveted drivers’ title trophy after beating Felipe Massa in the nail-biting season finale in Brazil.