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Company drivers fail to have correct licence

FIVE IN EVERY 1000 company car, van and truck drivers in the UK does not have the correct licence to be at the wheel. With more than 5 million vehicles on the UK’s roads owned by companies, this means 5000 drivers either have the wrong licence or simply don’t have any licence at all. Research by the Licence Bureau has revealed the top five reasons for drivers failing to have the right licence for the vehicle they are driving.

Renault Formula E racer (2013) at Frankfurt motor show

Formula E, the new elite racing series for electric single-seaters, has got the FIA’s backing, confirmed the major cities that will host the races, and now we've finally seen the crucial racecar. This is the Spark-Renault SRT_01E, a joint project developed between Renaultsport and Spark Racing Technology (SRT) which has just been unveiled at the 2013 Frankfurt motor show. There’s also been input from F1 legends Williams and McLaren, plus Dallara (which builds all the cars for the IndyCar series in the US).

F1 Budget Cap row over

MAx Mosley announces the budget cap row is over between the FIA and FOTA - and he's resigning. After a meeting today in Paris, the FIA has announced that it has reached agreement with FOTA to scrap the budget cap it was insisting on implementing from 2010. Quelle surprise!