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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.

2012 Honda CR-V, 2013 Acura ILX recalled for door-latch fix

Honda is recalling about 166,000 copies of the 2012 Honda CR-V SUV and 6,200 copies of the 2013 Acura ILX sedan to fix a door latch. Honda says the release cable can come off the front door latch. If this happens, the door may not properly close or can open without warning, even when locked.

2015 Chevrolet Corvette Z06 details leak, and it's going to have 620 hp and 650 lb-ft of torque

We won't get a complete look at the specs of the 2015 Chevrolet Corvette Z06 until it makes its official debut at the upcoming Detroit auto show, but a web coding blooper means we get a sneak peak at some of its vital stats before the reveal. Specifically, it's set to get 620 hp and 650 lb-ft of torque -- a big boost over the 450 hp and 450 lb-ft of torque the base 'Vette enjoys. How did this happen?