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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.

Skoda Yeti rolls out

The first Skoda Yeti has rolled of the production line in the Czech Republic - Delivery in the UK starts in September The Skoda Yeti is a promising, rufty-tufty ‘SmallRoader’, based on parent company VW’s Tiguan. But the Skoda holds the promise of more for less, a trick Skoda has managed to pull off with a number of VW products. Skoda has also been out playing with the Yeti in Norway, exposing it to a wide variety of off and on-road surfaces to shake it down properly before the first customer cars are ready for delivery.

Aston Martin V12 Zagato road car (2012) first pictures

Aston Martin showed the new V12 Zagato in race-car spec at the Villa d'Este concours in summer 2011 - but today it's shown the first pictures of the £330,000 roadgoing V12. £330,000! For a V12 Aston Martin?