A motoring Internet site has set up home at the Cotswold Innovation Centre, Rissington Business Park, near Chipping Norton.

Carmarkets.co.uk chose the centre when it needed to expand as part of its plans to become the largest supplier of motoring news and features on the Internet.

It recently agreed to provide such services, along with video streaming, for BTopenworld. It also provides daily motoring news to Internet service provider Yahoo.co.uk.

Carmarkets chairman John Lees said: "Not only are the technical resources ideal for an Internet company, but the carefully managed community of like-minded entrepreneurs, individuals and companies provides a stimulating working environment."