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Jaguar puts C-X75 supercar on ice

Jaguar has reversed its plan to sell the C-X75 hybrid supercar, fearing the project could be a commercial failure unable to recoup its investment. ‘After a thorough reassessment of the market conditions, the company’s view is that the global economic landscape does not currently support the introduction of a supercar such as C-X75,’ said Adrian Hallmark, Jaguar global brand director. Together with project partner Williams F1, Jaguar has built five prototypes of the plug-in hybrid.

Auctioneer Dean Kruse's money woes continue

Auburn, Ind., auctioneer Dean Kruse has been ordered by a local court to pay more than $1.3 million to an Indiana bank, and a leasing company has asked a federal judge to repossess Kruse's 1985 Cessna jet, which had been insured at $3.5 million. These two recent events are on top of several months' worth of financial woes for one of the classic-car world's best-known auctioneers. AutoWeek reported in August that people from across the country were complaining that they had not been paid for cars sold at various Kruse International auctions.

Lewis Hamilton on Pole for 2014 Italian Grand Prix

Lewis Hamilton on Pole for 2014 Italian Grand Prix F1 hasn’t been kind to Lewis Hamilton in 2014, especially with Nico Rosberg running in to him at Spa, but Hamilton is back on track with his first pole position since May and, better still, he did it by leaving Nico Rosberg in second place a comfortable 0.274s behind. That performance will no doubt help Hamilton’s state of mind as he battles Rosberg for the drivers championship, but he still has a mountain to climb as Mercedes’ sanctions on Rosberg don’t include a ‘resting’ race to level the playing field. And with just seven races to go, a 29 point deficit is a big deficit to make up.