World-renowned Red Bull Racing designer Adrian Newey is to be rewarded for his services to motorsport throughout his career with an OBE, after being included in the increasingly outdated New Year Honours list in the UK.

Double world champion Sebastian Vettel has insisted that he and his dominant Red Bull team are not guaranteed success in 2012, saying that they needed to work hard to make sure that they were in a position to compete.

Formula One's governing body is already considering changes to the current DRS rulebook for the 2012 season, including implementing a double overtaking zone for the season-opening race at Albert park in Melbourne.

Williams driver Pastor Maldonado has lamented that his debut season on Formula One put him in the "worst position" possible, but believes that the Grove-based team can fight back in 2012 after their worst-ever F1 campaign.

Renault team boss Eric Boullier has suggested that the loss of the team's lead driver Robert Kubica before the start of the 2011 season was the team's biggest blow in 2011, despite their oft-publicised car development issues.

Veteran Formula One drivers Rubens Barrichello and Vitantonio Liuzzi have both admitted that they are still very much unsure of their futures in the sport, with their respective drives still up for negotiation for next season.

Former F1 driver and team boss Gerhard Berger has said that the chances of Kimi Raikkonen making a success of his comeback to the sport was "50/50", adding that he would not have taken the gamble on the Finn.

FIA president Jean Todt believes that new double world champion Sebastian Vettel could eventually top Michael Schumacher's record as the most successful Formula One driver ever, after his triumphant 2011 season.

New Toro Rosso driver Daniel Ricciardo has said that he will need to adopt a more aggressive approach to racing in 2012, with the Australian driver set to make the step up to the F1 midfield with the Red Bull junior team.

Former Formula One world champion Damon Hill believes that returning champion Kimi Raikkonen will make a success of his return to the sport, saying that the Finn can still win titles despite his time away from the grid.

Talkative Ferrari president Luca di Montezemolo believes that the team's lead driver Fernando Alonso is still the best driver on the Formula One grid, despite the dominant 2011 season enjoyed by Red Bull's Sebastian Vettel.

The Williams Formula One team will be able to bounce back from their dismal 2011 campaign next year, according to the team's chairman Adam Parr, with the team's new technical staff now clear on what the team's problems have been.

2011 Team Lotus reserve driver Karun Chandhok has said that he is hoping to secure a race drive in the new World Endurance Championship for 2012, with the Indian driver hoping to combine that with another season in an F1 reserve driver role.

Caterham driver Jarno Trulli says that struggling teams opting for pay drivers to keep their financial operations going is "not worth" the effort, saying that employing the best available drivers and securing higher prize money was a better tactic.

Ferrari president Luca di Montezemolo has flirtily namedropped a whole wealth of potential Formula One talents that the team could aim to sign alongide Fernando Alonso for 2013, should Felipe Massa continue to disappoint.