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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.

Audi celebrates 500,000th TT with special edition

Audi is celebrating its 500,000th TT sport compact with a new special edition, based on the upgraded Audi TTS. Only 500 examples of the TTS competition will be built, and will begin rolling off the assembly line in October. Unfortunately Audi will only sell the exclusive cars across the pond.

Ford's maximum C for Frankfurt Auto Show

Ford will introduce the redesigned C-Max, which uses the automaker's first global C-segment platform, at the upcoming Frankfurt auto show. The C-Max will be launched worldwide in the second half of 2010, with other models to follow on the platform, including the next-generation Focus, also coming in 2010. The C-Max takes its "kinetic" design cues from the iosis MAX concept car unveiled at this year's Geneva auto show, incorporating features such as a coupelike sweeping roofline.