Federal-mogul Moog Rack And Pinion Mount Bushing K6337 on 2040-parts.com

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.

Howard Hughes’s Lincoln sells for $1 million at Tulsa auction

A 1936 Lincoln Boat Tail Speedster--customized to the personal tastes of Howard Hughes--sold for $1 million at the Leake Car Show & Auction on June 13 in Tulsa, Okla. The head-turning blue and polished aluminum classic was the headliner at a sale that raked in $12.2 million and attracted more than 10,000 people to the three-day event. The Boat Tail is a truly unique car.

Hyundai i10 Electric introduced

The all electric Hyundai i10 will show at Frankfurt (click for bigger image) This is a bit of a surprise from Hyundai, as they’d always said they would concentrate on hybrids until hydrogen fuel cell technology was advanced enough to make it viable in a budget car. But Hyundai are being pragmatic. There is a desire from the public for all electric cars – however misplaced that may be – and Hyundai aren’t going to be left out.