Roy Williamson, head of Castrol InnoVentures, said: "The judging panel felt that WhipCar's use of a flexible direct-to-peer car share concept was something that Castrol is well placed to bring to life."

UK-listed oil major BP’s Castrol division has picked peer-to-peer car sharing network WhipCar as winner of its inaugural 20/20 Challenge. Chosen from a shortlist of five companies out of 500 applicants, WhipCar will receive a $10,000 business development grant, as well as the potential of a longer-term partnership with Castrol.

Roy Williamson, head of Castrol InnoVentures, said: "The judging panel felt that WhipCar’s use of a flexible direct-to-peer car share concept was something that Castrol is well placed to bring…