Sports Mole rounds up all of the latest news regarding Formula 1 on Tuesday, August 11.

Tuesday morning's Formula 1 news roundup:

FIA open to tweaking 'radio coaching' rule

F1's governing body is open to tweaking a rule about radio communications.

Kevin Magnussen lost a point in Hungary after engineers at Haas asked both drivers to pit for dry tyres after the formation lap.

The radio instruction contravened a 2017 rule about driver coaching.

"We need to move on from this," team boss Gunther Steiner said, "but I don't think we should stop doing these things in racing. Otherwise, accountants can race in Formula 1."

FIA race director Michael Masi confirmed that Formula 1 is open to re-thinking the intention of the rule.

"We will discuss this with all parties involved in the drafting of the rules," he said at Silverstone.

"The technical directive that Gunther spoke about is no different from other provisions of the rules which may need to be revised," Masi added.

"This process is already underway."

When asked if teams other than Haas have asked for the same review, Masi answered: "No, in fact it was an initiative of the FIA.

"We suggested that we should discuss this all together, so those discussions will take place at all levels of the decision-making process."

Albon will be given 'more time' at Red Bull - Marko

Red Bull will continue to give Alex Albon "time" to get up to speed alongside Max Verstappen.

As a rookie, Albon was promoted to the energy drink company's senior team mid-last year to replace the struggling Pierre Gasly.

But now the British-born Thai is having the same confidence problem in the same seat, prompting calls for Verstappen to get yet another new teammate.

But Marko, the architect of Red Bull's driver program, says 24-year-old Albon will be given more time.

"As long as we see that he is progressing and his results are getting better, we will give him time," said the Austrian.

"Alex has had a lot of difficulties this season, including the engine problem and the Hamilton incident. As a result, he still lacks self-confidence.

"But he has speed. In the third segment of the race at Silverstone, Alex had good times. But I think it is obvious that he is young and he still lacks experience.

"He needs time to achieve greater stability," Marko added.

As for Red Bull's competitiveness more generally, Dr Marko said Verstappen's win on Sunday shows that the championship is not yet over.

"We have always said that the title has not been decided," he insisted.

"Yes we still have some problems with the car, but the gap to Mercedes is decreasing every week. We just need to start performing stronger in qualifying, because now this is our weak side."

Indeed, Verstappen said at Silverstone that his Honda engine doesn't have "the qualifying mode that Mercedes do".

Marko said: "Many people forget that we almost won the first race of the season and we could have won last week if Lewis had problems with the tyres a little earlier.

"Now Max is in second place overall, so anything is possible. We will only become stronger, not weaker, so I see no reason why we cannot succeed."

More news from Formula 1:

Red Bull has 'solved' main problem with car - Marko
Dr Helmut Marko says Red Bull must keep the pressure on Mercedes. Read more.

Magnussen wants 'new car' after Silverstone struggle
Kevin Magnussen thinks something is fundamentally wrong with his Haas car. Read more.

Drivers happy to race in corona hotspot Barcelona
Top Formula 1 drivers say they are not overly worried about travelling to Barcelona for this weekend's race. Read more.

Hulkenberg travelling to Barcelona this week
Nico Hulkenberg is travelling to Barcelona this week. Read more.

Red Bull not joining 'pink Mercedes' appeal
Red Bull is not joining the five teams vowing to appeal the outcome of the 'pink Mercedes' protest. Read more.

Vettel to get new Ferrari chassis for Barcelona
Sebastian Vettel will have a new chassis at his disposal from this weekend as his relationship with Ferrari teeters on the brink. Read more.

As revenues collapse, F1 wants 22 races in 2021
Formula 1 is targeting a full and normal 22-race calendar for 2021, as the sport revealed an almost total collapse of revenue amid the corona crisis. Read more.

Salo tips Raikkonen to quit F1
2020 will be Kimi Raikkonen's last season in Formula 1, according to Mika Salo. Read more.

Liberty pushing ahead with Concorde deadline
Liberty Media is pressing ahead with its August 12 deadline for the finalisation of the 2021 Concorde Agreement. Read more.

Ferrari 'underestimated' impact of hybrid era - Montezemolo
Former Ferrari president Luca di Montezemolo says he deserves some of the blame for the Maranello team's horror 2020 season. Read more.

Toto Wolff vows Mercedes will come back stronger after Silverstone defeat
Red Bull's Max Verstappen won on Sunday. Read more.