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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.

Mercedes E63 AMG (2013) first pictures leaked

This is the first image of the facelifted Mercedes E63 AMG super-saloon. Shown here leading the pack in a parade of tweaked E-classes, the E63 will be way out in front on performance too, with Audi RS-challenging all-wheel drive a possibility. What do we know about the new 2013 Mercedes E63 AMG?

McLaren MP4-12C at the 2010 Festival of Speed

By Tim Pollard First Official Pictures 30 June 2010 09:49 McLaren will show its new MP4-12C supercar for the first time in public at the 2010 Goodwood Festival of Speed this weekend. McLaren's F1 drivers Lewis Hamilton and reigning world champion Jenson Button will drive the 12C up the Goodwood hillclimb on Saturday and Sunday in the Supercar Run.They're wheeling out the F1 stars again?Yep. The MP4-12C is being heavily promoted by McLaren's grand prix racers.