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Photo of the week (2008): Rolls-Royce Phantom Drophead Coupe

By Ben Pulman First Official Pictures 01 December 2008 14:32 Didn't make it to the 2009 LA Auto Show? Then you missed the ugliest Rolls-Royce Phantom Drophead Coupe ever made (see our pictures, right). Faced with the prospect of arch-rival Bentley showing off its new Azure T – a 500bhp version of the ultra-expensive convertible – in the same hall, Rolls was clearly wondering how to compete.

Ferrari 458 Italia launches at Frankfurt

The Ferrari 458 Italia officially launched today at Frankfurt The styling is a little subjective; it’s very much of the time. To us it looks fantastic, and if the 458 wallpaper downloads from Cars UK are anything to go by, you feel the same. We know how quick it is – 0-60mph in around 3.4 seconds and over 200mph – and we know all about the toys and the new dash.

Caterham sells F1 team

Caterham The Caterham Formula 1 team has been sold to a consortium of Swiss and Middle-Eastern investors following a poor season so far in 2014. Rumours that Caterham would cut its losses have been rife, since team founder Tony Fernandes threatened to quit if things didn't improve this year. The team is currently bottom in the championship and Fernandes hinted of an exit last week, when he tweeted “F1 hasn't worked, but love Caterham Cars.” Graham Macdonald, Caterham Group CEO: “Firstly I want to thank everyone who was involved in the F1 team for all their hard work and dedication since the team’s first days in 2009.