Formula One champions Red Bull Racing based at Milton Keynes will be honoured with Freedom of the Borough in a ceremony tonight.
McLaren have taken a system normally used on the racetrack and have turned it into a tool that could help people battle obesity.
Force India take the wraps of their new car
The British Grand prix takes place at Silverstone this weekend, and the team based closest to the circuit are hoping one of their drivers will come out on top.
Sahara Force India has been at the home of british motorsport for seven years and know that a strong showing on Sunday will help them to keep on progressing.
"Last year we finished 6th, so our objective is to be 5th or higher this year and I think we're well on our way to achieving that - although it's early and there's still a lot of races left," Chief Operating Officer Otmar Szafnauer told ITV News Anglia.
The boss of Milton Keynes-based Red Bull Racing says Daniel Ricciardo's first F1 win is testament to the teams youth development programme.
In his 57th grand prix, Ricciardo took full advantage of a bad day at the office for Mercedes to claim his maiden triumph by taking the chequered flag in Canada on Sunday at Montreal's Circuit Gilles Villeneuve.
Christian Horner said: "It is a very special day in his life and career, and I am sure it will probably take a while for it to sink in.
"It is also a fantastic testament to the junior programme that we are discovering young driver talent on merit, like Sebastian and Daniel.
Lewis Hamilton will be training on a virtual simulator ahead of the Austrian Grand Prix.
Hamilton will have to learn quickly to get up to speed with Austria as it is a circuit he has never encountered before.
The Red Bull Ring circuit will host its first Grand Prix since 2003 next weekend.
Years and years and years ago, when I was 13 to 15, I drove it in a computer game, and I've obviously seen it on TV," said Hamilton.
"But once I get on the sim I'll learn it quickly. It shouldn't be a problem.
Mercedes driver Hamilton said the team will also be trying to work out what caused the problem in the Canadian GP last Sunday.
"I have a lot of training planned and I'll be in the simulator, and the team will be flat out trying to understand and fix for the next race the issue we had."
Red Bull Racing was awarded the Freedom of the Borough of Milton Keynes at a special ceremony last night.
Team Principle Christian Horner said the whole team was "tremendously proud" to receive the award.
Click below to hear Christian Horner accept the Freedom of the Borough.
Red Bull Racing has committed its future to Milton Keynes and promised further investment.
Christian Horner, the team principal of Red Bull Racing said the company would "absolutely not" be moving to Austria where its parent company Red Bull is based.
Mr Horner added: "We're continuing to invest in Milton Keynes, to grow the facility and hopefully through what we do we've managed to put Milton Keynes a little bit on the map on the world stage."
Click below for the full interview with Christian Horner.
The benefits of having a Formula One racing team based in your town will be highlighted at a special ceremony in Milton Keynes.
The Red Bull Racing Formula One team plays a vital role to the town.
As well as pumping millions into the local economy, it employs more than 500 people and attracts new investment to the town.
Later tonight the team which is based in Tilbrook will be awarded the Freedom of the Borough.
Click below to watch Russell Hookey's report.
The Mayor of Milton Keynes said the town wants to "recognise" the achievements of Red Bull Racing.
Brian White made the comments ahead of a special ceremony tonight, honouring Red Bull Racing with the Freedom of the Borough.
Mr White, Mayor of Milton Keynes, said: "We've always had a long history of motor sport in Milton Keynes, but Red Bull have been particularly successful over the last few years and we want to recognise that."
Click below to hear the mayor's comments.
Reigning Formula One world champions Red Bull will recieve yet another honour later tonight.
The team, which is based in Milton Keynes, will receive the Freedom of the town at a special ceremony tonight.
The prestigious award marks the tremendous success of the four time world champions.