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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.

Is the McLaren P1 order book about to close?

We’re hearing that McLaren is ready to close the order book for their P1 supercar before the specification – or the car – have been fully revealed. We’ve had the reveal of the P1 Concept – and seen it floating round the world as McLaren drum up potential customers with enormous bottomless pockets – and we’ve even seen the P1 on the move as McLaren shake down the development version of the P1. But so far we haven’t had the full specs of the P1 revealed and, as far as we can tell, McLaren hasn’t even divulged the full details of the P1′s power and performance to potential customers – no matter how wealthy they are.

2014 Audi R8 to drop manual gearbox

2014 Audi R8 to lose manual gearbox It’s reported that the new Audi R8 – due in 2104 after a facelift in 2012 – will lose the manual gearbox option. It’s at least two years before the next generation Audi R8 arrives in 2014, but if reports from CAR are right then Audi’s next sporting flagship will do without a manual gearbox altogether. With all that’s on offer in the current R8 apart from the manual ‘box being the rather poor R-Tronic ‘box, that may seem like a recipe for sales disaster for the R8.