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Williams F1 sells Williams Hybrid Power to GKN for £8 million

GKN have bought williams Hybrid Power in an £8 deal Back in 2010 we reported on a flywheel developed by Williams F1 that recoups energy from braking, and was fitted to a Porsche 911 GT3 to give an extra boost of power. Williams F1 developed the Flywheel technology with a start-up company, which it bought out for £1.5 million in 2010, and now that company – which became Williams Hybrid Power – has been sold to GKN in a deal worth £8 million – and a share of sales revenue going forward – and is being renamed GKN Hybrid Power. The plan is to use the flywheel technology to reduce fuel consumption of transport that is constantly stopping and starting – it’s currently being used on a bus operating in London – and  Williams expect it could cut fuel use by up to 30 per cent.

One Lap of the Web: Panteras, Battlebirds and Patrick Dempsey's entrepreneurial brilliance

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Sure, later versions of the De Tomaso Pantera looked a bit outrageous with their wide fenders and Countach-like spoilers.

Next Hyundai Genesis partially revealed in spy shots

Thanks to an Autoweek reader, spy shots of the next Hyundai Genesis sedan found their way into our inbox this morning. The big four door was heavily camouflaged at rainy O'Hare Airport, but we can definitely see the winged Genesis logo on the wheels and the interior is Hyundai all the way. The front end looks blockier than the outgoing model, similar to the HCD-14 concept we saw at the Detroit auto show.