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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 911 designer Butzi Porsche dead at 76

Ferdinand Alexander “Butzi” Porsche died Thursday morning in Salzburg, Austria. He was 76. Since 1972, Porsche had led his own industrial design firm, Porsche Design.

Buy a brand new car on Amazon

Online retail giant Amazon is now promoting vehicle sales on its website, advertising the new Nissan Versa Note supermini for $13,990 (around £8,630) on the US arm of its Internet-based department store. However, the firm isn’t directly selling the cars – it is instead ‘promoting’ the vehicles. The Nissans do get a full listing, though, as opposed to the simple hosted advert often seen elsewhere online.