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Race Recap: 2014 British F1 Grand Prix readjusts the balance of power

Qualifying for the British Formula One Grand Prix was just as much a surprise for fans as it was for teams. Certain team weather radar displays didn't accurately pinpoint storm systems over the track, and in the case of at least two teams, the lack of data was compounded by poor decision making. That's how both Ferraris and both Williams got kicked out of qualifying in Q3 - the drivers already on track took advantage of a dry spell between rains, but Ferrari and Williams waited too long to get back out, and by the time they did it had started raining again.
Rain-induced bewilderment hit the front of the field as well. When all appeared resolved in Q3 but the clock hadn't yet run down to zero, drivers including Lewis Hamilton and Daniel Ricciardo pulled into the pits thinking the day was done. However, a drying last sector of the Silverstone circuit meant the drivers still out could suddenly improve their times by four seconds in just that sector. When the bell tolled, those who fought to the last were those who lined up first: Nico Rosberg in the first Mercedes AMG Petronas, Sebastian Vettel in the first Infiniti Red Bull Racing, Jenson Button in the McLaren, Nico Hülkenberg in the first Force India and Kevin Magnussen in the second McLaren.
Hamilton had fallen all the way to sixth on the grid, a mortifying blow to his race and his championship challenge. He was followed by Sergio Perez in the second Force India, Ricciardo in the second Infiniti Red Bull Racing, Toro Rosso teammates Daniil Kvyat and Jean-Eric Vergne completing the top ten.

What next for Stefano Domenicali?

Ferrari is a team that's used to being on top. It does, after all, have more world championships to its name - 15 drivers' titles and 16 constructors' - than any other team in the history of Formula One racing. But despite having some of the best drivers and resources at its disposal, it hasn't won a championship in over five years. Someone had to take the blame for that, and that someone turned out to be Stefano Domenicali.
The team principal who took over after Jean Todt stepped back to focus first on the running of the entire company and then the FIA, Domenicali has presided over the driest spell in the team's history since Michael Schumacher and Ross Brawn arrived in the late 90s to bring Ferrari back to its winning form. Whether that ultimately proves to have been Domenicali's fault or not, the buck stopped on his desk and he resigned a couple of weeks ago, making way for Ferrari's North American chief Marco Mattiacci to take the reins. At least for now, anyway, as rumors circulate of a longer-term solution that could bring Ross Brawn back into the fold following his recent departure from Mercedes.
The big question now, however, is what Domenicali will do next. The latest intel suggests that he could leave four wheels behind but stay in the field of competitive sports to coach an Italian basketball team. The rumors are fueled by reports that Domenicali has been in touch with Giovanni Petrucci, head of the Federazione Italiana Pallacanestro - Italy's national basketball federation. The organization runs two professional basketball leagues within Italy as well as its national team that's won eight international championships, two gold, four silver and four bronze medals in the European league and two silver medals in the Olympics.

Did Ferrari block Montezemolo from becoming F1 chairman?

The Formula One Group has appointed a series of new directors to its board. But while ousted Ferrari chief Luca di Montezemolo is among them, the latest reports suggest that he was earmarked to become the group's chairman, but that Sergio Marchionne blocked the appointment. Montezemolo, for those just joining us, served as chairman of Ferrari since 1991, but was ousted just a couple of months ago by Sergio Marchionne, chief executive of parent company Fiat Chrysler Automobiles who took his place at the head of the table in Maranello. During his tenure as Ferrari chief, Montezemolo sat as the team's representative on the F1 board (and also as chairman of the Formula One Teams Association), but despite having broken ties with Ferrari, Luca was renominated to the board as an independent member. That seat on the board, however, could have been at the head of the table, according to circulating reports, had Marchionne not expressed certain reservations, if not blocked the nomination outright. Montezemolo's appointment would have meant that both the F1 Group and the FIA would have been headed up by former Ferrari men, although Marchionne was quoted as saying that if it had been his call, he would have prevented Jean Todt from being elected to the presidency of the FIA as well. The chairmanship of the Formula One Group is separate from the role held by Bernie Ecclestone, who will continue to run the sport's day-to-day operations. Ecclestone has also rejoined the board along with Paul Walsh, the former head of distilling giant Diageo who was also tipped as a favorite to chair the F1 board. That role instead will return to Peter Brabeck, the former head of Nestle, who had previously stepped down from the chair of the Formula One Group.