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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.

McLaren P1 caught testing in Spain

We're still awaiting details about the McLaren P1—successor to the legendary McLaren F1—but we have a better idea what the supercar will look like courtesy of some new spy photos. McLaren officially unveiled the P1 at this year's Paris motor show. Its dramatic curves didn't disappoint.

January’s top 10 best-selling cars: in pictures

The Society of Motor Manufacturers and Traders (SMMT) has released the UK car sales figures for January 2014 – and they represent an excellent start to the new year. There were 154,562 new cars registered last month – a 7.6% rise over January 2013, continuing the run of buyer confidence that saw overall sales reach a six-year high last year. The top 10 best-sellers from last month are rounded up in the following gallery.