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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.

Jag designers light up London’s Clerkenwell Design Week

Clerkenwell Design Week might not mean much to car designers more used to motor shows like Tokyo or Geneva. But the five-year-old event is fast becoming a fixture in the broader design calendar, and has been sponsored by Jaguar for the past four years for good reason. In simple terms, Jaguar wants to be seen (and respected) beyond the automotive realm: "We want to connect with other designers and have our designers learn from designers in other fields," advanced design director Julian Thomson told Car Design News.

2014 Acura TSX starts at $31,530

The sporty Acura TSX and TSX Sport Wagon return for 2014 with minor changes. The base TSX with a 201-hp I4 comes with a five-speed automatic transmission for $31,530, including destination. That’s a $125 bump from last year.