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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.

Gordon Murray’s MOTIV.e debuts in Tokyo

Gordon Murray, the famous McLaren Formula One and McLaren F1 road car designer, and bike-builder Yamaha unveiled the MOTIV.e at the Tokyo Motor Show. The MOTIV is a hot take on a city car in the vein of the Smart ForTwo and Aston Martin Cygnet. Multiple versions of the MOTIV could be produced, with both electric and gas power.

Paul Walker crash site known for street racers

STREET RACERS are known to use the California neighbourhood where Fast & Furious star Paul Walker died in a car crash. Walker and his friend and fellow fast-car enthusiast Roger Rodas died on Saturday when the 2005 Porsche Carrera GT they were travelling in smashed into a lamppost and a tree. The two had taken what was expected to be a brief drive away from a charity event at Mr Rodas' custom car shop in the Southern California community of Valencia, about 30 miles north west of Los Angeles.