Mazda Rx-8 2003 Speedometer [1261400] on 2040-parts.com

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 Land Rover aiming to double sales

Jaguar Land Rover plan to double sales We’ve got so used to reporting ever increasing sales for Jaguar and Land Rover that it comes as no big surprise that JLR are planning to double car sales by 2020. A few years ago such a figure would have been risible, but since Tata took the helm from Ford in 2008 the focus at JLR on creating a world beating brand and product has been unshakable. Tata got off to a good start with the Jaguar XF replacing the S-Type, and the new Jaguar XJ showing just how good a big luxury car can be to drive.

Bugatti Veyron – Eight Veyrons sold to one buyer

Bugatti Veyron - 8 sold to one customer However wealthy you are it’s hard to imagine spending more than £1 million on a new car; a classic, certainly, but a new car with all that depreciation? No, thanks.  But that’s really just the starting point for a Bugatti Veyron, with the Veyron Grand Sport and the Veyron Super Sport costing substantially more than that.