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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.

Volvo XC60 Plug-in Hybrid concept car (2012) first pics

Volvo will showcase its latest plug-in hybrid technology in the new 2012 XC60 Plug-in Hybrid concept car at next week's Detroit auto show. The Swedes have been developing a range of plug-in hybrid cars, using both petrol and diesel. The hybridised V60 which goes on sale in Europe later in 2012 uses diesel, whereas the new SUV drinks from the green pump.

Mazda refines lineup with SkyActiv technology

It turns out Mazda isn't simply shooting for the sky. Rather, the protagonists of zoom-zoom driving dynamics are taking an active approach to the brand's DNA: Put it all together, and it's called “SkyActiv.” Mazda is billing the suite of technologies as the pillars of its way forward. Much of these features--which enhance future products in nearly all areas including engine, transmission and chassis--have already been revealed.