CLASSIC CAR

Classic car is a term frequently used to describe an older car, but the exact meaning is subject to differences in opinion. Some are very inclusive, considering any older car in fine condition a classic. Others, including the "Concours d'Elegance" and the Classic Car Club of America maintain that 1948 is the last year for the true classics.

There is no fixed definition of a Classic car. Two taxation issues do impact however, leading to some people using them as cutoff dates. All cars built before 1 January 1973 are exempted from paying the annual road tax vehicle excise duty - this is then entered on the license disc displayed on the windscreen as "historic vehicle" (if a car built before this date has been first registered in 1973 or later, then its build date would have to be verified by a recognized body such as British Motor Heritage Foundation to claim tax free status). The government Revenue and Customs define a classic car for company taxation purposes as being over 15 years old and having a value in excess of £15,000.

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Another division of classic cars is Modern Classics. These vehicles are generally older, anywhere from 15-25 years, but are not accepted as classics according to The Antique Automobile Club of America. These cars are rather enjoyed as classics by auto enthusiasts, and are generally rare, and out of production.

FORMULA 1 RACING

Formula One or F1, is the highest class of open wheeled auto racing defined by the Fédération Internationale de l'Automobile (FIA), motor sport's world governing body. The "formula" in the name is a set of rules which all participants and cars must meet. The F1 world championship season consists of a series of races, known as Grands Prix, held usually on purpose-built circuits, and in a few cases on closed city streets. The results of each race are combined to determine two annual World Championships, one for drivers and one for constructors.

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The Formula One series has its roots in the European Grand Prix Motor Racing of the 1920s and 1930s. The "formula" is a set of rules which all participants and cars must meet. Formula One was a new formula agreed after World War II in 1946, with the first non-championship races being held that year. A number of Grand Prix racing organisations had laid out rules for a World Championship before the war, but due to the suspension of racing during the conflict, the World Drivers' Championship was not formalised until 1947. The first world championship race was held at Silverstone, United Kingdom in 1950. A championship for constructors followed in 1958. National championships existed in South Africa and the UK in the 1960s and 1970s. Non-championship Formula One races were held for many years but, due to the rising cost of competition, the last of these occurred in 1983.

BENTLEY

Bentley Motors Limited is an English manufacturer of luxury automobiles and Grand Tourers. Bentley Motors was founded in England on January 18, 1919 by Walter Owen Bentley, known as W.O. Bentley or just "W.O." (1888–1971). He was previously known for his successful range of rotary aero-engines in World War I, the most famous being the Bentley BR1 as used in later versions of the Sopwith Camel. Since 1998 the company has been owned by the Volkswagen Group.

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In 2002, Bentley presented Queen Elizabeth II with an official State Limousine to celebrate the Golden Jubilee. In 2003, Bentley's 2-door convertible, the Bentley Azure, ceased production, and the company introduced the Bentley Continental GT, a large luxury coupe. The car is powered by a version of VW's W-12 engine.