McLaren -Honda F1 Team to boost performance through technologies NTT Communications will provide network, cloud, data connectivity and other innovations to meet McLaren’s need for an IT communications platform that delivers optimum performance to support its Formula 1 race team.McLaren-Honda and NTT Communications announce a 3 year partnership.Network, cloud, data connectivity and other high-tech innovations will push motorsport boundaries.McLaren-Honda has been a pioneer for over 50 years in Formula 1.This partnership will underpin its new IT strategy which has a focus on cloud, mobility and people centric services, according to Ron Dennis, Chairman and CEO of the McLaren Technology Group.McLaren needs a robust network across its globally distributed support and analysis locations including its headquarters, the McLaren Technology Centre, in Woking in the UK.NTT Communications will offer Wide Area Network (WAN) and Network Functions Virtualisation (NFV) services to McLaren across multiple countries including UK, Spain, US, Singapore and Japan.

During race weekends, this network is critical to support the transmission of data in real-time from McLaren’s race cars to the company’s technology and engineering teams based in the UK.NTT Communications will combine the management of WAN and LAN (Local Area Network) services to provide a seamless and consistently managed network to increase the quality, resilience and availability of end to end ICT services.By Miles Downard The Geneva motor show is under way in Switzerland.The annual extravaganza always brings out the biggest and best news manufacturer’s wish to be in the public realm.Something that caught my eye this week was a talk by McLaren CEO Mike Flewitt in which he announced an update to the BP23 project.That stands for ‘Bespoke Project 2: 3 seats’ in case it wasn’t obvious.It’s the code name for the company’s new flagship hypercar.It’ll have a 3 seat layout, in what I imagined would be a recreation of the iconic McLaren F1.However Mike was quick to rule the successor title as out of the question.

It will also be the fastest McLaren ever, like the F1 at the time.And be the most powerful, once again like the F1 but definitely not the successor.“It will be the most powerful, most advanced hybrid powertrain we’ve ever done, inside a low-drag, super aero-efficient body: BP23 will be the fastest car we’ve ever made,” he said.The McLaren P1 currently runs a hybrid system capable of 677kW.So there’s the target of course.More than that seems like pure lunacy, but who am I to judge.What seems more crazy than anything else in the project is that the BP23 isn’t even a track car, but rather a luxury hyper car.So what all that power is for I’m not sure.Interior will be all new and nothing like we’ve seen before thanks to the central driving position.“We have already built a rough interior buck out of bits of wood,” Flewitt says, “and it feels a really special position to sit.” The first BP23 customer will take delivery in 2019 at a cost of £1.65m.There will be just 106 in all – no spiders, no special editions, this is it (it just so happens that only 106 F1’s were built) For a deeper understanding of the world of money and greater financial control, upgrade to BizNews Premium.

The UK's leading investing website is offering customers the chance to invest in bitcoin from today - without the technological palaver that buying the cryptocurrency typically requires.People with a self-invested pension or a general trading account with Hargreaves Lansdown can now buy into a tracker fund that follows bitcoin.Customers with an Isa or Lifetime Isa can’t invest in bitcoin because it doesn't qualify for inclusion under taxman rules, Hargreaves explained.bitcoin love festBitcoin: Only SIPP and general investing account holders can invest in bitcoinInvestors can gain exposure to bitcoin through their SIPPs and shares and fund accounts in the form of an exchange traded note issued by Swedish company XBT Provider.ETNs are funds listed on the stock exchange, so they can be bought and sold like shares.bitcoin lukmoreThey are denominated in Swedish krona and investors should be aware of the  currency risks, as well as those attached to bitcoin itself.XBT said: ‘The value of and any amount payable under the certificates will be strongly affected by the performance of bitcoin and the US dollar/krona exchange rate.andreas lehrbaum bitcoin

As such an investment in the certificates is likely to be highly volatile and thus risky.’Created in 2009, bitcoin is a type of virtual currency that is free from government interference and can be shared instantly online.Bitcoins are lines of computer code that are digitally signed each time they travel from one owner to the next.They are the basic unit of a new online economy which runs independently of any company, bank, or government.Because bitcoins allow people to trade money without a third party getting involved, they have become popular with libertarians as well as technophiles, speculators — and criminals.Its price has soared since the start of the year thanks to surging demand, jumping from £730 at the end of last year to £1,896 today.To ensure the system has value, no more than 21million bitcoin can ever be created, so values can fluctuate wildly depending on supply and demand.The underlying technology is blockchain, a financial ledger maintained by a network of computers that can track the movement of any asset without the need for a central regulator.XBT head of investor relations Ryan Radloff said: ‘By adding self-service, online dealing, the team at Hargreaves Lansdown is providing UK investors with professional and quick access to the bitcoin space in the UK and greater Europe.