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F1 boss denies 'corrupt bargain'

MOTORSPORT TYCOON Bernie Ecclestone has appeared at a High Court trial to defend himself against allegations that he made a "corrupt bargain" in a bid to stay at the top of Formula 1 racing. Mr Ecclestone has been accused of entering into a "corrupt agreement" with a banker to facilitate the sale of the Formula 1 group to a buyer "chosen" by him, A German media company says it lost out as a result of the deal and has taken legal action against Mr Ecclestone - chief executive of the Formula 1 group. Mr Ecclestone says Constantin Medien's claim "lacks any merit" and denies any "conspiracy".

Jaguar C-X75: Jaguar’s Hypercar stillborn

The Jaguar C-X75 hybrid hypercar will not go in to production. Jaguar cite the poor economic outlook is behind the decision to scrap the C-X75. But the gas turbines soon bit the dust as Jaguar realised the technology was just not mature enough for a production car, so they replaced the gas turbines with a 1.6 litre turbocharged and supercharged petrol engine charging the batteries that powered the two electric motors, one on each axle.

McLaren unveils new supercar

After years of spy shots and speculation, McLaren Automotive finally took the wraps off its latest supercar, the MP4-12C. The MP4-12C follows the McLaren F1 (1993-1998) and the Mercedes-Benz SLR McLaren (2003-2009). McLaren Automotive says the MP4-12C is the first in a line of new sports cars it will produce, but won't say when or how many more will come.