The white-dwarf red dwarf eclipsing binary V 471 Tauri has been observ
ed in blue and yellow lights for twenty years. The behaviour of the me
an brightness of the system following its discovery has been studied t
horoughly. The system has been brightened more. or less regularly abou
t 0.2 mag in both colours over an interval of 23 yr. This nearly linea
r increment in the mean brightness has been extracted from the observe
d mean brightness and a cyclic change has been found. The average peri
od of this cyclic change is 6 yr with an uncertainty of 1 yr. A total
of 154 timings of mid-eclipse has been obtained up to date. To explain
the almost sinusoidal O-C curve with an amplitude of 200 s the light-
time effect has been assumed. The model features a constant period for
the eclipsing pair with the third-body orbit of period 24.6 yr, eccen
tricity 0.614 and a sin i = 3.48 10(7) km. For the inclination above 3
0-degrees the computed mass leads to a substellar mass. After subtract
ing the time delay due to orbiting around a third body from the O-C cu
rve a cyclic variation has been obtained. The average cycle is 5 yr wi
th an uncertainty of 0.5 yr. The average amplitude of these changes is
now about 45 s. The changes in the orbital period seem to be related
to the system's mean brightness variations. The closeness of the perio
ds for the luminosity variations and the orbital period modulation may
be taken as the evidence which supports the theory developed by Apple
gate recently. The maximum of the O-C curve coincides with the maximum
luminosity which suggests that the outside spin of the K2 dwarf shoul
d be slower than that of inside.