Sports Mole rounds up all of the latest news regarding Formula 1 on Friday, July 3.

Friday morning's headlines:

Austrian Grand Prix practice begins as Lewis Hamilton targets seven world championships
Lewis Hamilton is this year bidding to equal Michael Schumacher's record of seven world championships. Read more.

F1 hoping for UK quarantine exception - Marko
Formula 1 should receive an exemption from Britain's mandatory quarantine laws ahead of the forthcoming back-to-back races at Silverstone. Read more.

Bottas denies Mercedes engine flaw
Valtteri Bottas has played down rumours that a fault has been uncovered with Mercedes' new engine specification in Austria. Read more.

Abiteboul texted Marko after 2020 engine test claim
More text messages have been going back and forth between Dr Helmut Marko and Cyril Abiteboul. Read more.

Marko eyes 'psychological' edge over Mercedes
Mercedes vetoed the reverse grid experiment because it was afraid Max Verstappen would cope better than Lewis Hamilton. Read more.

Sainz worried about Racing Point and Renault
McLaren is at risk of being overtaken by two teams in 2020. Read more.

Verstappen 'very careful' amid racial politics
Max Verstappen says he will remain "very careful" about getting involved in Formula 1's new political moment. Read more.

Renault will not share Sirotkin in 2020
Sergey Sirotkin doubts he will stretch his time beyond his newly-appointed role as Renault's 2020 reserve driver. Read more.

Haas will quit if team doesn't improve - Magnussen
Haas needs to up its game or team owner Gene Haas will pull out of Formula 1. Read more.

Giovinazzi admits 'pressure' to keep F1 seat
Antonio Giovinazzi has admitted he is under pressure as he bids to stay in Formula 1. Read more.

F1 should race at tracks like Imola - Kvyat
Daniil Kvyat thinks Formula 1 should return to older-style circuits like Imola and Mugello. Read more.

'Good time' for Mercedes to sell team - Schumacher
The end of 2020 would be "a good time to sell" the works Mercedes team, according to former F1 driver Ralf Schumacher. Read more.

Alonso's Renault return may begin in 2020 - report
Fernando Alonso's deal to return to Formula 1 next year could now be done. Read more.

Vettel admits Mercedes 'an option' for 2021
Sebastian Vettel has admitted he would like to drive for Mercedes in 2021. Read more.

Lewis Hamilton: '2020 title would be most satisfying yet'
The Briton is attempting to match Michael Schumacher's seven titles. Read more.

Hamilton wants $50m a year for new contract - report
Lewis Hamilton wants $50 million a year to renew his contract with Mercedes, according to Britain's Daily Mail newspaper. Read more.

Ecclestone names newborn son 'Ace'
Bernie Ecclestone and his wife Fabiana have revealed that their newly-born son is named 'Ace'. Read more.

Rio's F1 boss meets with president Bolsonaro
Organisers in Rio de Janeiro are still pushing to have the Brazilian GP relocated from its current venue in Sao Paulo. Read more.

Marko texted Abiteboul after Red Bull Ring test
Dr Helmut Marko sent text messages to rival Formula 1 boss Cyril Abiteboul after Renault's recent test outing at the Red Bull Ring. Read more.

Major upgrades 'impossible' for Austria - Binotto
Ferrari boss Mattia Binotto insists it was "impossible" to make substantial changes to the Italian team's Melbourne-spec car ahead of the 2020 season re-start in Austria. Read more.

Honda 'wants to fight for 2020 title' - Verstappen
Honda is pushing as hard as Red Bull to win the 2020 world championship, according to Max Verstappen. Read more.

Red Bull to 'think about' Mercedes DAS protest
Mercedes intends to use its controversial 'DAS' steering system this weekend in Austria - and main rival Red Bull is not ruling out an official protest. Read more.

Abiteboul hints Vettel, Bottas options for 2021
Cyril Abiteboul is playing down hopes that Fernando Alonso might return to Formula 1 with Renault in 2021. Read more.