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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.

Range Rover Hybrid and Range Rover Sport Hybrid (2013) at Frankfurt motor show

Land Rover is entering a new hybrid era with two new part-electric models: the Range Rover Hybrid and Range Rover Sport Hybrid. Both cars use an identical diesel-electric drivetrain, post identical economy and CO2 claims, and should offer comparable performance to their V8 sisters. Too good to be true?

Shark-inspired Peugeot Exalt set for Beijing

This is the new Peugeot Exalt concept – a sleek, new sporty saloon that's set to make its debut at the Beijing Motor Show later this month.   A suitable follow-up to the Peugeot Onyx? The turbo petrol plug-in hybrid drivetrain provides 340hp The Exalt builds on the equally stunning Peugeot Onyx concept from the 2012 Paris Motor Show, and the Peugeot Exalt is set to make its debut at the 2014 Beijing Motor Show, with the Chinese market increasingly important for Peugeot and its rivals.