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Silverstone unveils new F1 Circuit

The new Silverstone F1 Circuit was revealed this week Bernie will be pleased It’s been a bit of a saga for Silverstone and the BRDC of late, with a backwards and forwards ‘will-they, won’t-they’ get to host the British Grand Prix going forward. Bernie Ecclestone finally announced that Silverstone would host the 2010 British Grand Prix back in December  - although it could be argued only by default after Donnington went belly-up – and the circuit upgrades are nicely in time for the 2010 British Grand Prix in July. Prince Andrew did the official opening on Thursday and got the chance to lap the track in a 2-seater F1 car with Damon Hill at the wheel and former F1 driver – and now BBC pundit – David Coulthard also on track in a Red Bull.

Jaguar Land Rover doubles its profits

Jaguar Land Rover has reported sales up by 29 per cent in the second quarter of their financial year and profits up by 100 per cent. It’s a rough car market out there – especially in Europe – but Jaguar Land Rover continues to grow its sales with revenues up by over 13 per cent, sales up by 29 per cent and pre-tax profit up by 100 per cent to £431 million. These are strong figures from JLR and reflect the strong sales of the Evoque around the globe (100,000 and counting) and remarkably strong sales for the old Range Rover, despite the 2013 Range Range Rover about to hit showrooms.

General Motors is looking at ways to double or triple Volt production

General Motors Co. CEO Dan Akerson says the carmaker is studying how it could double or triple production of the new Chevrolet Volt plug-in hybrid should sales demand accelerate. About 240,000 potential buyers have expressed an interest in the vehicle, but production in 2011 will be just 10,000 units.