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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.

Porsche 991: our comprehensive guide to the new 911

Porsche president and chief CEO Matthias Muller couldn’t be accused of lacking confidence when he introduces CAR to the new 991-generation Porsche 911 at the Porsche Museum, Stuttgart. ‘Technologically and visually the car is a masterpiece,’ he says. ‘I don’t think I am promising too much here.

Mercedes AMG Performance 50 – 8 new AMG models promised

Mercedes are celebrating 45 years of AMG and looking forward to the next 5 years with AMG Performance 50 & 8 new models. Mercedes has been busy celebrating 45 years of the AMG Performance brand, with cars like the SL65 AMG 45th Anniversary rolled out to commemorate the AMG brand. Looking back is all very well, but it’s the future that matters.