Welcome to F1Minute for the 2nd June 2008.

Although Max Mosley is waiting for his fate to be decided by the FIA tomorrow, he has had a bit of good news today. Jackie Stewart has dropped the libel charges against him, dating back to last year. Mosley made some comments about Stewart that the latter took to be a reference to his dyslexia, and he sought legal action against the FIA President for libel damages. However, he has decided not to pursue any action saying: “I did think about suing him and was told I had a cast iron case, but it was so petty and I didn’t want to come down to his level.”

In other news today, Alonso has joined in the denials that he is joining Ferrari. The Spaniard spoke out, saying that he hasn’t spoken to anyone, and no one from Ferrari has approached him either.

Finally, two snippets of circuit news: Montreal has unveiled it’s new paddock complex and media centre, giving the teams and journalists much more space to work, and the new Valencian circuit will be put through it’s paces in July when Formula 3 and the GT open racing takes to it’s streets.

That’s all for today, join me tomorrow for another F1Minute.