McLaren launch new all electric car
This McLaren P1 is the first all electric car from McLaren and maybe that is why Apple.Inc were so interested in buying the company
It is aimed at the next generation of drivers and their willingness to get behind the wheel of an electric car quite literally. The newest edition to the British supercar maker's range is a full plug-in electric version of its P1 hybrid hypercar. What's more this one is an open-top roadster and one that also borrows the legendary McLaren F1's central driver's seat setup. Its top speed can be reached in three seconds, it boasts three forward and one reverse gear, plus an MP3 player The car also features working lights, a push-button start and while it will only be available in Volcano Yellow, the car will sport McLaren's trademark dihedral upward opening doors.
A rare image of this yellow car is
available here
Still lots of conflict of interest stories about the F1 takeover
Liberty Media’s takeover of Formula 1 may not be as smooth as they had hoped as questions have been raised about the FIA’s conflict of interest. Earlier this month Liberty Media confirmed that it had agreed a deal to takeover Formula 1 for $4.4bn. However, the deal, which will see the company purchase all the shares of parent company Delta Topco, still needs the approval of the FIA. And that is where the conflict of interest lies, the FIA owns a 1 percent stake in Delta Topco meaning motorsport’s governing body will profit from the sale.
Anneliese Dodds, Labour MEP for the south east of England, said: “It is unacceptable that a regulator of any industry should be allowed to benefit financially from sanctioning the sale of one of the companies it regulates”. The sale will net a tidy profit for the FIA who bought the shares in 2013 for $458,197.34 but could sell them for $44m. Sports lawyer Charles Braithwaite added: “If the FIA approves the sale, people may question whether it was driven by the desire to get the multi-million sale proceeds; despite the fact that the FIA is the governing body and regulator of Formula One”.
I have a feeling that nothing will come of this conflict of interest stuff and also that the EU investigation into F1's "noncompetitive practices" will be dropped. At the time of the last EU investigation the FIA were told they could not hold shares in F1's commercial side, so the fact they they currently do hold a stake makes them naughty boys and the EU would tell them to get rid, which is what they are about to do anyway. As for the noncompetitive practices complaint I'm sure both Force India and Sauber will withdraw it now that a new company is in control and wait to see what Liberty Media will offer in the new Concorde agreement.