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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.

Jaguar XJ_e plug-in hybrid debuts at Goodwood

The Jaguar Jaguar XJ_e plug-in hybrid research car with a 2.0 litre EcoBoost engine and 69kW electric motor on show at Goodwood. It’s been a bit of a Jaguar 24hrs with the news of prices for the new Xf Sportbrake and the debut of the new 3.0L Supercharged engine in the XJ for 2013. Now we get the public debut of the Jaguar XJ_e plug-in hybrid at the Goodwood Festival of Speed today featuring the 2.0 litre Ecoboost petrol engine from the Evoque and a 69kW (93bhp) electric motor.

Video of Nissan GT-R’s record lap at the Nurburgring

By Tim Pollard Motor Industry 02 June 2008 10:15 Remember we brought you news of the new Nissan GT-R setting a new Nurburgring record of 7min 29sec? Well now you can see the hot lap on video, courtesy of our Youtube film below. It’s not the best quality (it seems to have been filmed from a TV monitor at a Nissan event), but you can see test driver Tochio Suzuki at work in this eight-minute clip as he masters the Nordschleife’s notorious corners.