Sports Mole rounds up all of the latest news regarding Formula 1 on Thursday, July 2.

Thursday morning's headlines:

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.

Grape woes for Norris and Poulter shows his moves - Wednesday's sporting social
Chelsea also released their home kit for next season. Read more.

David Coulthard: 'No distractions for Lewis Hamilton ahead of Formula 1 return'
Former F1 driver David Coulthard has backed the Mercedes star to put other matters to one side and race to victory. Read more.

A closer look at all 20 drivers ahead of the new Formula One campaign
The delayed season finally gets under way in Austria this weekend. Read more.

Lewis Hamilton and the other leading contenders for F1 glory in 2020
Max Verstappen and Charles Leclerc are among the leading challengers to Lewis Hamilton's crown. Read more.

The big questions ahead of the new Formula One season
Old and new faces return as the sport gets back on track. Read more.

Albon must 'earn his seat' in 2020 - Marko
Dr Helmut Marko says Alexander Albon needs to "earn his seat" in 2020. Read more.

Teams should survive corona crisis - Marko
Dr Helmut Marko thinks all of the current Formula 1 teams will survive the 'corona crisis'. Read more.