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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.

Jaguar XJ 4WD tackles the coldest town on earth (video)

Jaguar XJ 4WD (pictured) tackles the coldest town on earth If you’ve ever driven a Jaguar XJ in any amount of snow, you’ll know it’s pretty useless. You need a handy supply of snow socks and winter tyres too if you’re going to make any length of journey in seriously cold and snowy conditions without stopping to dig yourself out at regular intervals. But Jaguar now has an XJ that can tackle poor and snowy conditions in the AWD XJ (although, sadly, it’s not on sale in the UK) so they’ve headed out on a 2,000 mile round trip in temperatures down to -50 degrees to show that the 4WD XJ just keeps on going.

BMW Concept 4-series Coupe (2012) first photos

BMW is overhauling the 3-series Coupe - it'll be replaced in 2013 by the new 4-series Coupe and Convertible, previewed in this remarkably production-ready concept car. Munich reserves the 'Concept' moniker for its show cars which are in reality showroom ready. So strip away the sexed-up exhausts, 20in wheels and other trinkets and what you're looking at here is the new 2013 BMW 4-series.