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2013 New York F1 Grand Prix cancelled

The 2013 Grand Prix of America in New Jersey has been dropped as organisers run out of time to prepare for the New York street F1 event. With Bernie Ecclestone pushing to get America to fall in love with F1, a headline F1 act on the streets of New York – a Monaco GP for the colonials – looked like a plan. But it’s a plan that’s now been postponed until at least 2014 after Bernie plugged the plug on organisers as they need more time to prepare for what will, by any measure, be a huge logistical task.

Elio three-wheel prototype revealed

Elio Motors unveiled a prototype of its two-passenger, three-wheeled vehicle Wednesday, confirming the all-new vehicle will have a $6,800 base price when it goes on sale in June 2014. Paul Elio, company founder and CEO, said the vehicle is targeted at first-time or cash-strapped buyers, as well as for families who already have a family car and are seeking something inexpensive for daily commuting. Its sub $7,000-base price makes it almost half the price of the cheapest car in the U.S.

Peugeot Exalt Concept: OFFICIAL

The Peugeot Exalt Concept (pictured) now officially revealed We had the first photo of the Peugeot Exalt Concept earlier in the week, but now Peugeot has caught up with that reveal and released a gallery of photos of the Exalt and details too. With strong design hints from Peugeot’s Onyx Concept – like the long bonnet, short overhangs, bold wheel-arches and crisp lines – the Exalt appears to be a five-door hatch even though it looks like a four-door swoopy coupe. Peugeot has hand-made the bare metal body panels of the Exalt and covered it in part with a ‘Shark Skin’ material which is said to improve aerodynamics and fuel consumption.