Prema withdraws from F3000 Prema Powerteam has withdrawn from the FIA F3000 championship. The team cited delays in finalising its budget as the reason for the pull-out. The team is now expecting to take part in the Italian-UK based F3000 series instead.

New minimum weight for F3 In order to reduce costs, the minimum weight of a Formula 3 car is increased from 530 kg to 540 kg. Macau Grand Prix - FIA news The World Motor Sport Council has approved this event which, with the Grand Prix of Macau, will become one of the two major Formula 3 meetings world-wide. It will take place in Pau on the 22-24 May 1999.

Reynard to buy Riley & Scott

According to latest reports, Reynard are planning to purchase Riley & Scott to expand their US presence. Reynard are hoping to float the company on the stock exchange later this year. A Reynard spokesman said "No deal has been concluded"

UK3000 cancelled and moved to Italy

The organisers of the UK3000 series have pulled the plug, due to the FIA not restricting entries to 30 in the international series. The organisers had 10 teams until the FIA decided to allow all the teams to enter the international series. The teams are expected to move to the Italian F3000 series.

June 6 Vallelunga June 27 Monza July 18 Enna Pergusa August 8 TBA (non-Italian) September 5 Misano October 3 Misano October 24 Imola November 28 TBA (non-European)

F3000 to stay with F1

The majority of the F3000 teams have decided they want to stay partnered with the F1 series, despite the hiccups it can cause. Most teams have said their sponsorship deals hang on being the support race for F1. The FIA had threatened to split after the teams complained about race timetables. -- Stephen M Baines