KEY POINTS:
Singapore's chances of holding its first formula one race in 2008 seems to have hit a snag. The Straits Times said negotiations between Singapore tycoon Ong Beng Seng, Formula One supremo Bernie Ecclestone and the Government had stalled over how to raise the required US$70m million ($96.70 million) for the event.
STEELE'S CAR STOLEN
Young Auckland racing driver Rob Steele is urging anyone who might have information about the whereabouts of his red Porsche GT3 Cup race car to contact him at info@robsteele.co.nz. Not only have the NZ V8s been targets by thieves, it seems they've turned their attention to GT3 cars. The 2004 model Porsche, stolen from a locked facility in Panmure last Wednesday, is valued at $150,000. It is currently red, over a white base (interior), with silver stripes and Porsche Genuine Parts logos on each side. Also stolen were wheels, tyres and a toolbox.
SKAIFE CELEBRATES
Holden driver Mark Skaife celebrates 20 years as a professional race car driver at next week's round of the V8 Supercar Championships at Winton. Skaife, who recently turned 40, started his career driving a factory-backed Nissan Gazelle in the two-litre Australian Touring Car Championship at Winton. He shares with Peter Brock the record for the most ATCC/V8 round wins at 37.
VALENCIA TO HOST F1
Valencia is set to host a round of the World Formula One Championships. The race, to be called the European Grand Prix, is to be held towards the end of the 2008 season. The seven-year agreement is conditional on President Francisco Camps winning the local elections this month. It will be held on a newly designed circuit similar in lay out to Monaco.
CHAMP EYES DOUBLE
This weekend at Monza, superbike world championship leader James Toseland is looking to get his first double win in world superbikes. With five of the current top six riders having already taken at least one race win, and with four other race winners from past seasons also at Monza, competition for the podium places will be intense.
