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IndyCar is planning rule changes that could result in breaking the speed record at Indianapolis, while continuing with its efforts to improve safety in the sport

Force India believes Pirelli should hold fire on making a final decision over changes to its Formula 1 tyres until after teams have tested the revised rubber at the Canadian Grand Prix

Formula 1 drivers are going to face as tough a challenge as the teams next year in adapting to the new technical regulations, reckons former champion Alain Prost.

Alain Prost believes Formula 1 should be celebrating the fact that the outcome of races is so uncertain now, rather than get drawn in to criticisms of the show.

The Monaco GP2 feature race has been stopped after a 14-car first corner crash

A push is on from within Labor to boost tariffs and put more money into the automotive industry in the wake of Ford's plant closure announcement.

Elders is assessing how its operations will be affected by Ford's decision to end manufacturing in Australia from late 2016.

Sage Karam edged out Carlos Munoz to take his first career Indy Lights pole at Indianapolis Motor Speedway on Thursday

New, faster, system was used by Andreas Mikkelsen in Argentina

Denny Hamlin took his first NASCAR Sprint Cup pole since his return from injury as he topped qualifying for Sunday's 600-mile race at Charlotte

Trade Minister Craig Emerson says the declining Australian dollar provides powerful assistance for the automotive industry.

Ford's decision to close its Australian plants is sending shockwaves through the manufacturing industry, with fears the initial 1,200 job losses could lead to more retrenchments in the car parts supply industry.

Jenson Button believes McLaren is in better shape for the Monaco Grand Prix, but that it needs to improve its qualifying pace to have a chance of taking advantage of that improvement

Thursday's press conference - Monaco

The eni FIM Superbike World Championship has gone "wet'n'wild" today at Donington Park. The Round 5 Pre-event saw a selection of riders from the UK and Ireland taking part in a hilarious competition made up of three challenges - Perilous Pendulum, Penguin Punch-Up and Supersuds. Of the eight riders present, only six of them took part in the action - as Leon Camier and Leon Haslam were not in physical condition to tackle the games.

The remaining riders were divided into 3 pairs: Tom Sykes (Kawasaki Racing Team) was joined by current World Supersport leader Sam Lowes (Yakhnich Motorsport Yamaha), while Aprilia's Eugene Laverty was flanked by BMW's Chaz Davies. Jack Kennedy (Rivamoto Honda) and Christian Iddon (ParkinGo MV Agusta Corse) made a unique Supersport double act.

The opening challenge - Perilous Pendulum - saw all riders taking turns on rotating platforms whilst trying to avoid a swinging pendulum that was thrown at them by the opposing teams. The winning duo was Jack Kennedy and Christian Iddon, who managed to survive with only one swap.

Following a chase between the riders, dressed for the occasion in a penguin suit, Penguin Punch-Up would see a final duel between the two penguin "riders" still standing. The two final fights were won by Christian Iddon and Tom Sykes, who proved their combat skills in the ring. The fights were so intense that Sykes tried some unorthodox moves to defeat his opponent Chaz Davies.

However, the Welshman had his revenge in the final challenge as both he and Eugene Laverty were able to retrieve all of the dirty socks from a huge inflatable washing machine full of foam the fastest time. Sam Lowes took this final stage very seriously, stripping to his underwear before diving into the spinner much to the amusement of the crowd.

After adding together the points, Christian Iddon and Jack Kennedy were crowned as winners and awarded a bottle of Prosecco. The fans then chose their favourite player, which ended in a tie between Tom Sykes and Sam Lowes.

Ford's two Victorian manufacturing plants will close in three years, marking the end of the company's manufacturing operations in Australia.

Monaco GP: Pirelli practice quotes

Pirelli has warned teams that it will pull out of Formula 1 at the end of the year unless it gets an answer soon on whether they want a fresh contract from 2014.

Monaco practice quotes: Force India

Monaco practice quotes: Caterham