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Petersen museum celebrates the 50th anniversary of Phil Hill's world championship

It's been three years since the racing world lost one of its greatest heroes and nicest guys. Now, on the 50th anniversary of his world championship, the Petersen Automotive Museum in Los Angeles is celebrating the life and accomplishments of Phil Hill--the first American to hold that title--with a new exhibit of his cars and a gala celebration of his greatest races. First is the exhibit, assembled in collaboration with Phil's son Derek, himself a racer.

New MINI 5-door Hatch revealed – but will you fit through the back doors?

The 5-door MINI hatch arrives We’ve already had the more BMW-like new MINI arrive, and now, for the first time, we get a MINI 5-door hatch to try and extend the appeal of the MINI range to families. The 5-door MINI gets an extra 72mm in the wheelbase and a pair of doors at the back – which do look very tight for full-size people to use – and there’s also an extra 15mm of headroom, a bigger boot and seating for three in the back. In terms of design, there’s little to choose between the 5-door and the 3-door, but the new 5-door does look a bit like the off-spring of the new MINI and the Countryman; just a little dumpy.

F1 Budget Cap row over

MAx Mosley announces the budget cap row is over between the FIA and FOTA - and he's resigning. After a meeting today in Paris, the FIA has announced that it has reached agreement with FOTA to scrap the budget cap it was insisting on implementing from 2010. Quelle surprise!