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Ferrari adds Apple executive to board

Ferrari has tapped a high-ranking Apple executive responsible for iTunes and the App Store to serve as a new member of its board. Eddy Cue has worked for Apple for 23 years and reports directly to company CEO Tim Cook. He serves as senior vice president of Internet and software activities for the Cupertino, Calif., company.

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.

Weird car show celebrates humdrum 'classics'

CAN THE ordinary ultimately become cool? There was one group of left-field car enthusiasts at the weekend whose answer is an emphatic ‘yes’. Close to the Silverstone Classic event, where thousands of rare and desirable cars strutted their stuff for the big crowds, another event was being hosted to celebrate some of the most ordinary cars ever made.