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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.

GM China opens Advanced Design Center in Shanghai

General Motors China has opened a new advanced design studio as part of the establishment of its Advanced Technical Center in Shanghai. The Advanced Design Center will provide GM China's designers the tools to explore future mobility solutions and technology integration on a local and global scale. "Our new Advanced Design Center in Shanghai is part of the GM Global Design Center network, which webs from California to Germany to India and Korea and points beyond," said Wulin Gaowa, design director of the GM China Advanced Design Center.

Red Bull Racing's X2014 concept car to feature in GT6

Red Bull Racing has revealed its X2014 concept car that will feature in the upcoming Gran Turismo 6 racing game. The Formula 1 team's chief technical officer Adrian Newey worked alongside Polyphony Digital to develop the road car, which is obviously very much inspired by F1 car design. Elements such as the F1 car nose and low-hanging front spoiler are proof of this, although the design features headlamps and fenders surrounding the tires.