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F1 Budget Cap – No two-tier system says Ecclestone

Bernie Ecclestone says there will be no two-tier system in the F1 budget cap row [ad#ad-1] All eyes have gone off the stunning start to this year’s F1 circus with the news that Ferrari, Renault, Red Bull and several other teams have threatened to quit F1 next year in protest at the budget cap proposal and the two-tier system that appears to create. In a nutshell, the FIA – lead by Max Mosley – has imposed a £40 million cap on F1 team expenditure for next year (excluding driver costs, marketing costs and transport), but has said that teams who don’t adhere to the cap can still compete, but will be handicapped. Not surprisingly, the richer teams have objected and, on the face of it, it starts to look as if F1 as we know it is going to bite the dust.

Mazda Furai concept burns in Top Gear's hands

It's the 20th anniversary of Top Gear -- the magazine anyway -- and as it celebrates its 20th anniversary, the magazine has copped to the destruction of the Mazda Furai concept, which caught on fire while in its possession an unspecified length of time ago. "The 20th anniversary collectors" edition of BBC Top Gear magazine…reveals a host of until-now untold secrets," says a statement from the magazine's publisher, "including the truth behind the mysterious disappearance of Mazda's astonishing Furai concept (hint: it involves the East Anglia fire service)." Well, that sucks. Look at that picture above!

Engine of the Year Winners: Ford 1.0 litre EcoBoost is top dog

Ford’s 1.0 Litre EcoBoost wins Engine of the Year 2013 If anything is going to overturn the received wisdom that all small cars should come with a diesel engine, it’s Ford’s 1.0 litre EcoBoost engine. Torquey, lively and frugal, the 1.0 litre EcoBoost engine is a little marvel, a fact recognised for the second year running by the judging panel for the Engine of the Year Awards,  which has given the 1.0 litre EcoBoost the highest ever marks in the award’s fifteen year history. A total of 87 car journalists from 35 countries were hugely impressed with the power, torque and small size of the Ford engine, with one journalist, Peter Lyon, commenting: “Who’d have believed it?