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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.

Aston Martin Virage dropped – to be replaced by new DB9

Less than eighteen months since it debuted – and after just over 1,000 cars – Aston Martin is dropping the Virage. The Aston Martin Virage always seemed a bit of a stretch too far for Aston Martin, and so it has proved. After a lifespan of no more than eighteen months – and with just over 1000 cars built – Aston Martin has decided that there are just too few buyers who feel the Virage is enough of a step up from the DB9 to warrant the extra cost.

Video: Five Goals for the Corvette C7 Stingray with Kirk Bennion

‘Faces of GM', one of General Motor's social media initiatives, has released its latest video exploring the five goals behind the creation of the 2014 Corvette C7 Stingray. The video features the Corvette's exterior design manager, Kirk Bennion, who offers an insight into how these goals were developed into the seventh-generation Corvette.