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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.

Mazda Motorsports names John Doonan director

Mazda North American Operations on Friday promoted John Doonan to director of Mazda Motorsports, effective immediately. Doonan joined Mazda North American Operations in 2003 and worked in the company's advertising and marketing department. He became manager of motorsports team development before 2005.

New Mercedes E63 AMG will debut at New York

The latest spy shot of the New Mercedes E63 AMG which will launch at the New York Motor Sow But at least we know now when that launch will be – the New York Motor Show in April. So we shouldn’t have to wait long to see proper pictures of the M5 rivalling E63 AMG in its latest iteration. So what do we know about the car?