Sports Mole rounds up all of the latest news regarding Formula 1 on Wednesday, July 31.

Wednesday morning's headlines:

Renault claims to have broken 1000hp barrier
Renault claims to have broken the four-digit horsepower barrier with its improved 2019 engine. Read more.

Current rules make catching up too hard - Prost
The current regulations are making it difficult for Renault to catch the top teams, according to Alain Prost. Read more.

Marko not ruling out Verstappen title
Red Bull-Honda could soon close the gap completely to Mercedes. Read more.

Williams says Russell 'going nowhere' for 2020
Williams is not going to let George Russell flee to the Mercedes works team without a fight. Read more.

Ocon hopes for 2020 'answers' during August break
Esteban Ocon is expecting his mobile phone to have a busy August break. Read more.

Red Bull lacking Gasly alternatives - Villeneuve
Pierre Gasly is only keeping his seat at Red Bull for now because of a lack of alternatives. Read more.

Mercedes names Lauda successor
Mercedes has appointed a replacement for the late Niki Lauda. Read more.

Verstappen better than Hamilton - van Lennep
Max Verstappen is already a better driver than Lewis Hamilton. Read more.

Current rules make catching up too hard - Prost
The current regulations are making it difficult for Renault to catch the top teams, according to Alain Prost. Read more.

Bad weekend was 'karma' for Mercedes - Wolff
The F1 world may never again see Toto Wolff and the Mercedes team wear fancy dress. Read more.

Masi clears Hockenheim after wet race crashes
F1 race director has cleared Hockenheim of blame for much of the carnage seen during the wet German GP. Read more.

Boss admits Hulkenberg crash timing bad
Nico Hulkenberg's crash out of the German GP coincides with "important discussions" about his future. Read more.

Vettel, Hamilton, plead for German GP rescue
F1's top drivers Sebastian Vettel and Lewis Hamilton are pleading with the sport to keep Hockenheim on the calendar. Read more.