Marketed wheel fairings on Honda RA108
All teams have been very busy testing their new wheel fairings during the Barcelona test, but Honda have added an extra bit of value to the wheel covers. Essentially, the covers are a carbon fibre shield that helps with the cooling of the front brakes. Marked in the image are on the right an air inlet to accellerate cooling while on the left a small outlet - pic taken from the right of the car.
Despite being very useful, they generally don't sell well to the wide public as they cover up shiny magnesium wheels. But Honda comes to the rescue by painting their new fairings in their blue and green earthdream colours. No doubt more teams will follow.
Same concept as tested, during pre-season by BMW.