We're saved!!: Sport that guzzles fuel for no good reason makes yet another promise to guzzle slightly less fuel!!

F1 gearing up for new 'green' and 'cool' future | News | NDTVSports.com

He went on to explain that the new F1 vision was designed to chime with the efforts of modern car makers in world of climate change, diminishing oil supplies and rising fuel prices.

2009: Greenwash: Formula 1 failing miserably to keep its green promises, writes Fred Pearce | Environment | guardian.co.uk

Back in 2006, the president of Formula 1's governing body, Max Mosley, promised a "green overhaul" for the sport. The new rules requiring green technology would be rolled out in time for 2009, he said.

Two years ago this week, he announced that the new rules would be voluntary until 2011. Last year, it emerged the final roll-out would not take place until 2013.

Max is trying, but the big teams are resisting. Meanwhile the planet warms.
...Motor racing gobbles carbon just as it gobbles cash.

A formula 1 car emits about 1.5kg of CO2 for every kilometre it drives, about nine times that of a family car. And that's just the start, as its huge teams of mechanics, drivers and their kit and hangers-on tour the globe through the summer.