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Williams F1 sells Williams Hybrid Power to GKN for £8 million

GKN have bought williams Hybrid Power in an £8 deal Back in 2010 we reported on a flywheel developed by Williams F1 that recoups energy from braking, and was fitted to a Porsche 911 GT3 to give an extra boost of power. Williams F1 developed the Flywheel technology with a start-up company, which it bought out for £1.5 million in 2010, and now that company – which became Williams Hybrid Power – has been sold to GKN in a deal worth £8 million – and a share of sales revenue going forward – and is being renamed GKN Hybrid Power. The plan is to use the flywheel technology to reduce fuel consumption of transport that is constantly stopping and starting – it’s currently being used on a bus operating in London – and  Williams expect it could cut fuel use by up to 30 per cent.

Audi R8 V8 Limited Edition launched to celebrate Le Mans win

Audi R8 V8 Limited Edition Audi has had an incredible run at Le Mans, and is celebrating in style by launching the Audi R8 V8 Limited Edition in to the UK market. Despite the R8 Limited Edition being built to mark Audi’s Le Mans triumphs, the R8 doesn’t get a diesel engine or more power. What it does get is a bit of a cosmetic makeover and a list of goodies dropped in.

2014 Michelin Challenge Design finalists announced

Michelin has announced the 15 finalists of the 2014 Michelin Challenge Design, themed ‘Driven/Undriven: The Duality of Tomorrow's Automobile'. Their work will be showcased in January at the North American International Auto Show (NAIAS) in Detroit. A judging panel of automotive designers and industry experts selected individuals and teams from Italy, China, South Korea, Finland, Serbia, Canada, Brazil, Mexico and Guatemala from over 900 registrants from 74 countries.