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F1 Budget Cap row over

MAx Mosley announces the budget cap row is over between the FIA and FOTA - and he's resigning. After a meeting today in Paris, the FIA has announced that it has reached agreement with FOTA to scrap the budget cap it was insisting on implementing from 2010. Quelle surprise!

Toyota previews FT-Bh concept [w/video]

Toyota has released the first images along with a video for its new FT-Bh concept car, set to be unveiled at the Geneva motor show. The FT-Bh – Future Toyota B-segment hybrid – previews a production-destined car designed to maximize fuel efficiency and built using economically-viable construction methods and technologies. The five principal factors that the Toyota's designers have focused on are reducing the car's weight (just 800kg), increasing its aerodynamic performance as well as its powertrain efficiency via thermal energy management and electricity saving qualities.

Mercedes and McLaren – the end of the road

The last SLR Stirling Moss ends the McLaren Mercedes relationship Times they are a changin’ for Mercedes & McLaren. The very last Mercedes McLaren SLR – The McLaren SLR Stirling Moss – has now rolled out of production at McLaren in Woking and both Mercedes and McLaren are going their seperate ways. McLaren is working to bring the new McLaren MP4-12C to market by 2011 as a replacement for the SLR, and Mercedes has already launched their replacement – the Mercedes SLS AMG Gulllwing – although it will be a few more months before cars hit the road.