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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.

Toyota recalls 86,500 hybrids in the U.S, 250,000 cars total

Toyota Motor Corp. is recalling 242,000 hybrid vehicles worldwide, including 86,500 Toyota Prius and Lexus HS 250h hybrids in the United States, to fix a braking glitch. The problem affects only model year 2010 Prius and HS 250h vehicles.

Beijing motor show 2014: CAR's A-Z guide

By the CAR online team Motor Shows 04 April 2014 10:00 China has become a critical market for carmakers to tap into, with huge sales potential and a thirst for European brands. Click the links below for CAR's stories of all of the new cars featured at the 2014 Beijing motor show. DS 5LS R: sports saloon concept geared at Chinese petrolheads New Juke-sized compact crossover, based on i20 Boxster GTS: faster, better-specced Boxster with 918 Spyder styling cues Cayman GTS: look out 911: hotter Cayman could be the best Porsche ever