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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.

BMW X4 Confirmed

BMW X4 Sketch There’s been talk about producing a little brother for the BMW X6 since… well, since the BMW X6 turned from a ‘They’ll never build that’ to ‘The’y'll never sell that ‘ to ‘Blimey, that’s selling well’. And with the world seemingly obsessed by frugality, smaller versions of successful models are inevitable. We last brought news on the BMW X4 in April when our sources were telling us that BMW were close to signing off production of the X4.

Mercedes CLS Shooting Brake: Official

The new Mercedes CLS Shooting Brake has finally been revealed before going on sale in November as a 2013 model. The 2013 Mercedes CLS Shooting Brake has been officially revealed by Mercedes-Benz, which is just as well as it’s on show at the Goodwood Festival of Speed this weekend. With the British penchant for estates – and love of what is the most stylish of Mercedes – you’d think the UK would get a nice big range of models of the new CLS Shooting Brake to choose from, but it seems not.