1983 Honda Cr-250 Gas Tank on 2040-parts.com

Lotus to double production – Return to Motorsport

Lotus CEO Dany Bahar plans to double production at Hethel and return to Motor Sport Through all the gloom and doom car makers have reported over the last year and more there has been one shining light which has seemed impervious to the downturn – Lotus. They’ve not only remained profitable but they’ve managed to bring to market a new car – the Lotus Evora – which has not only been pretty well universally praised but has a full order book to boot. Clever trick.

Jaguar puts C-X75 supercar on ice

Jaguar has reversed its plan to sell the C-X75 hybrid supercar, fearing the project could be a commercial failure unable to recoup its investment. ‘After a thorough reassessment of the market conditions, the company’s view is that the global economic landscape does not currently support the introduction of a supercar such as C-X75,’ said Adrian Hallmark, Jaguar global brand director. Together with project partner Williams F1, Jaguar has built five prototypes of the plug-in hybrid.

F1 boss denies 'corrupt bargain'

MOTORSPORT TYCOON Bernie Ecclestone has appeared at a High Court trial to defend himself against allegations that he made a "corrupt bargain" in a bid to stay at the top of Formula 1 racing. Mr Ecclestone has been accused of entering into a "corrupt agreement" with a banker to facilitate the sale of the Formula 1 group to a buyer "chosen" by him, A German media company says it lost out as a result of the deal and has taken legal action against Mr Ecclestone - chief executive of the Formula 1 group. Mr Ecclestone says Constantin Medien's claim "lacks any merit" and denies any "conspiracy".