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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.

2011 New York auto show: Day 1 wrap-up

Day one of the 2011 New York auto show is in the bag, and If you haven't been following our coverage, here's a look at what the autoweek.com editors and contributors enjoyed on Wednesday. Want even more? Follow us on Twitter for the very latest from the show floor, and the afterparties.

Bugatti Veyron Grand Sport Sang Bleu (2009) revealed

By Ben Pulman First Official Pictures 17 August 2009 11:00 Bugatti has launched another special edition Veyron as part of its 100th anniversary celebrations. Revealed at the Pebble Beach Concours d’Elegance – where Bugatti was one of the featured marques – the Sang Bleu is the first limited edition of the targa-top Grand Sport, which was itself first unveiled at the Pebble Beach 12 months ago.Sang Bleu? Sounds very blue-blooded aristocracy!