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Williams F1 sells Williams Hybrid Power to GKN for £8 million
Mon, 07 Apr 2014GKN have bought williams Hybrid Power in an £8 deal Back in 2010 we reported on a flywheel developed by Williams F1 that recoups energy from braking, and was fitted to a Porsche 911 GT3 to give an extra boost of power. Williams F1 developed the Flywheel technology with a start-up company, which it bought out for £1.5 million in 2010, and now that company – which became Williams Hybrid Power – has been sold to GKN in a deal worth £8 million – and a share of sales revenue going forward – and is being renamed GKN Hybrid Power. The plan is to use the flywheel technology to reduce fuel consumption of transport that is constantly stopping and starting – it’s currently being used on a bus operating in London – and Williams expect it could cut fuel use by up to 30 per cent.
Ralph Lauren: Ferrari 250 GTO, 250 TR, McLaren F1 LM & Bugatti 57 SC models
Mon, 21 Nov 2011Ralph Lauren's Ferrari 250 GTO model - just $9500 One of the joys of success in life for a petrolhead is the ability to indulge in your love for cars. And few people have been as successful as designer Ralph Lauren, nor indulged in a car collection quite as stunning. Ralph owns a collection of more that 70 stunning cars, and as a little money-earner – and a treat for car fans – has had four of his cars faithfully recreated as 1/8th scale models.
Top seven notes from Beijing’s 2014 VW Group motor show
Fri, 25 Apr 2014By Ollie Kew Motor Industry 25 April 2014 07:30 On the eve of every major motor show, the Volkswagen Group steals a jump on the competition by staging its own mini motor show to reveal its big-hitters for the imminent event. Here are seven things you won’t have heard from Beijing’s ‘Group Night’. As soon as the floor was opened to journalists, the Chinese media made straight for the stunning new Lamborghini Huracan and Bugatti’s latest Veyron Vitesse Legends Edition, the ‘Black Bess’.