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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.

Tennis star Sharapova gets a lift from Porsche racer Webber

FRENCH OPEN tennis champion Maria Sharapova arrived at a pre-Wimbledon party thanks to Australian race Mark Webber The Porsche 918 Spyder is the most powerful road car, and least polluting, the company has built. The plug-in hybrid super sports car can reach a top speed of 214 mph, sprint from 0 to 60 mph in 2.5 seconds, and it produces so little CO2 that it is exempt from the London congestion charge. Webber arrived fresh from his first outing at the Le Mans 24 hour race with new team Porsche, following his retirement from Formula 1 at the end of last season.

1955 Ford Thunderbird takes 2012 Ridler Award at Detroit Autorama

Dwayne Peace, his family and his 1955 Ford Thunderbird took hot-rodding's top prize at the Detroit Autorama on Sunday: the 49th Don Ridler Memorial Award. Peace, accompanied by his two sons who helped build the car, received the trophy and a check for $10,000. The Ridler Award is named for Don Ridler, an athlete and Autorama event promoter from 1957 to 1961.