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Ecclestone faces £4 million bill

MOTORSPORT boss Bernie Ecclestone must pay lawyers' bills adding up to about £4 million despite winning a High Court fight with a German media company, a judge has ruled. In February, Mr Justice Newey had dismissed a claim for around £80 million in damages by Constantin Medien - which had said it lost out after Mr Ecclestone entered into a "corrupt agreement" with a banker to facilitate the sale of the Formula 1 Group to a buyer chosen by him. But, despite ruling against Constantin after a High Court trial in London, the judge had described 83-year-old Mr Ecclestone as not "reliable or truthful".

New car sales September 2014 best in ten years. But…

The Ford Fiesta was again the best-selling car – September 2014 We’ve got used to new car sales / registration reusing month after month, and September 2014 is no different. The Society of Motor Manufacturers and Traders (SMMT) is reporting new registration for the important plate change month of September at 425,681 units, the strongest September performance since 2004 and the 31st month in a row new car sales have increased. But the SMMT do say that although September’s figures show yet another increase, it only represents a rise of 5.6 per cent compared to the March plate change registrations rise of 18 per cent, an indication that the new car marekt is starting to level off after nearly three years of growth.

Koenigsegg Agera One:1 heading for UK debut at Goodwood Festival of Speed

The Koenigsegg Agera One:1 is heading for Goodwood It was back in 2012 that we exclusively revealed the first official details of the Koenigsegg One:1, the most extreme car Koenigsegg has produced. Since then, Christian von Koenigsegg and his team have not only built the Agera One:1, but they managed to sell them all first at a price that makes grown men weep and officially revealed it back in February. Since then, Koenigsegg have been busy showing off the One:1 in a series of videos and giving the One:1 its first public outing at the Geneva Motor Show in March.