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Britain leads bumper year for Ferrari

FERRARI may be struggling on the Formula One track, but its bank accounts are in fine shape after profits reached new record highs. After delivering 3,631 cars in the first six months of the year – 3.6% fewer than the me period in 2013, in line with the company's plans to reduce deliveries – revenues were up 14.5% to almost £1.35 billion. Profits rose 5.2% to £185 million, which should pay for a good send-off for the outgoing Ferrari Chairman Luca di Montezemolo after his 23 years of service.

Audi sticks with Michelin – which is good for Michelin road tyres

Audi choose Michelin for 2012 races Audi are to stay with tyre maker Michelin and this year’s Le Mans 24hr cars will be shod with Michelin tyres. Have you ever wondered why car race teams choose one tyre maker over another? Well, in F1 it’s because they don’t have a choice, but elsewhere it’s different – they can choose.

U-turn for wheelchair row taxi firm

A TAXI firm that refused to pick up wheelchair users has had to perform a U-turn. Middlesbrough-based Boro Cars, the largest taxi firm in the North East, had originally said refusing disabled passengers was "morally wrong", but it brought in the policy anyway. The firm insists that minibuses cost drivers more to rent and that the standard fares, which are the only fares that can be charged to disabled passengers, are not high enough to earn operators any money.