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Caterham F1 team sold: 'F1 hasn't worked' - Fernandes

Tony Fernandes today sold his struggling Caterham F1 team By John Mahoney Motor Industry 02 July 2014 16:04 Caterham Group has announced it’s sold Caterham F1 to a consortium of Swiss and Middle Eastern investors. Caterham cars is not part of the sale. In a statement issued today, the sale of the team was said to allow the Caterham Group to focus on its ‘core activities’ that include the British car maker.

Aston Martins voted 'best status symbol'

AN ASTON Martin is the car to be seen driving if you want people to believe you've 'made it', according to an offbeat new study. Research carried out by Auto Trader among 1,024 drivers showed that the British brand's cars are, perhaps unsurprisingly, the ones that most Brits think highest of, beating the likes of Ferrari, Lamborghini and Bentley down the order. In fact, the top three positions in the survey were filled by British car makers, with Bentley and Rolls Royce second and third respectively.

Lancia to unveil its Chrysler-based flagship and a new Ypsilon

Lancia's Chrysler-based flagship likely will be called the Thema, company sources said. The sedan will debut alongside a new version of Lancia's best-selling model, the Ypsilon, at the Geneva auto show in March. The Ypsilon is key to Fiat CEO Sergio Marchionne's plan to nearly triple Lancia sales in the next four years.