Ahead of the British Grand Prix Formula One racing’s great and good traditionally come together for an annual party held in aid of Great Ormond Street Hospital Children’s Charity. This year’s event took place at London’s Natural History Museum on Monday night, and with such a breathtaking venue and priceless charity auction lots on offer, the guests were more than willing to put their hands in their pockets for a worthy cause. Now in its sixth year, the official F1™ Party celebrates the official launch of this weekend’s Silverstone race, whilst simultaneously raising funds for the London hospital’s new heart and lung centre.

Given their form of late – and the fact they’ll be armed with a heavily-revised McLaren – Jenson Button and Lewis Hamilton could well challenge for a one-two at this weekend’s British Grand Prix. Do it and they will become the latest in a long line of British drivers to achieve the feat. But dip into the history books to discover the last time two English team mates reigned supreme on home soil you have to delve pretty deep – all the way back to Silverstone 1958…

Prior to the start of their 2010 campaign, Renault had been all but written off by many. Their parent company had sold off a chunk of the team, the R30 looked less than convincing in pre-season testing, and their line-up included a rookie driver and a new team principal fresh to Formula One.

Malaysian driver Fairuz Fauzy will back in the cockpit at Silverstone on Friday as he gets another practice outing for Lotus. Fauzy will also participate in Friday morning sessions at the Hungarian, Singapore and Abu Dhabi Grands Prix. It follows successful pre-season tests for the 27-year-old from Kuala Lumpur and an impressive appearance for Lotus earlier this year in practice for the Malaysian Grand Prix…

The UK’s Goodwood Festival of Speed always attracts a plethora of Formula One drivers and machinery, and with an impressive 2010 line-up, this year will be no different. The annual event, which this year celebrates the 60th anniversary of the FIA Formula One World Championship, takes place in the grounds of Sussex’s Goodwood House…

As London’s Big Ben struck 6am on Friday, Mark Webber showed he’s made a full recovery after last Sunday’s crash in Valencia by roaring up to the gates of the UK capital’s Houses of Parliament in his Red Bull, where his pit crew were waiting to practice a full Formula One pit stop…

Formula One racing’s governing body, the FIA, has welcomed a team initiative to reduce the carbon emissions produced by the sport.

Formula One racing’s governing body, the FIA, has welcomed a team initiative to reduce the carbon emissions produced by the sport. The teams have committed to working closely with the FIA to develop new F1 engine and powertrain regulations that from 2013 will require all cars to incorporate technologies designed to enhance fuel efficiency…

Although he ultimately finished behind his team mate – and standings leader – Lewis Hamilton, McLaren’s Jenson Button was pleased to convert his seventh-place grid slot into a third-place finish in Valencia last weekend, especially as it was his third successive podium. At the forthcoming British Grand Prix he’ll race for the first time on home soil as world champion and, as he explained to his official website, he can’t wait…

One of the European Grand Prix’s most astonishing performances came courtesy of BMW Sauber’s Kamui Kobayashi. Kobayashi may have qualified a lowly 18th, but a strategic masterstroke combined with the C29′s consistent race pace to gift the Japanese driver seventh place and his team their second haul of points of the season…