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.

Who's Where: Camilo Pardo leaves Ford

Camilo Pardo has ended his 24 year long career at Ford to pursue his numerous other creative endeavors. CDN caught up with the accomplished artist, sculptor, clothing and furniture designer at his annual Designer's Night bash in Detroit, where he told us how he was now "free to do anything", but would not divulge details as the announcement was not yet official. A native New Yorker, Pardo graduated from the Center for Creative Studies in Detroit and was granted the Industrial Design Society of America Merit Award in 1985.

Sell-Out Goodwood Revival Wows The Crowds

A SELL-OUT crowd of 148,000 enjoyed the 17th Goodwood Revival Meeting on the weekend of September 12-14 at the Goodwood Motor Circuit. The on-track highlights included the annual RAC TT Celebration race for early-1960s GT cars, comprising a £150 million field that included Jaguar E-types, Aston Martin Project cars and even a Bizzarini. The 60th anniversary of the Jaguar D-Type was marked with a 30-car parade plus the Lavant Cup race exclusively for examples of the Le Mans-winning British sportscar, while the Maserati 250F also turned 60 with variants of the Italian grand prix car making up two thirds of the Richmond Trophy field for front-engined F1 machinery of the late 1950s.