You can't format your drive from the BIOS. The drive could be damaged. See if you have SMART monitoring in the BIOS and turn it on, it is usually disabled by default. Download the drive manufacturers tools and burn the CD version ISO image to a CD with ISO Recorder v2
, or other ISO burning software, and boot to the CD and run the diagnostic. They usually have a bootable floppy version as well.
You can also partition and format the HD with these tools. I would link to them but you didn't list the drive.
After you have confirmed that the drive is good, but before a format, obviously, you can wipe the drive completely to clear any data on the disk. To do this download Ultimate Boot CD
and run Active@kill disk to write zeros to the entire disk. You will need ISO Recorder v2 to burn this ISO also.