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Porsche Panamera Sport Turismo is a good looking Panamera: Paris 2012

Porsche has revealed their estate / shooting brake take on the Panamera – the Porsche Panamera Sport Turismo – and it looks good. No longer does the Panamera have a dog shagging back end, it’s now sleek and swooping. The front end gets a slicker makeover too – which probably gives us a taste of the Panamera facelift to come – and the whole car looks cohesive and appealing.

BMW i3 starts at $42,275

The electric BMW i3 mini crossover will cost $42,275, including destination, when it debuts to the press on July 29. The company is hosting three simultaneous launch events in London, New York and Beijing. The production version of the car was first seen at the Frankfurt motor show in March.

Caterham – including Caterham F1 – up for sale for £350 million

Will the Caterham AeroSeven Concept (pictured) be a casualty of Caterham’s impending sale? Caterham’s foray in to F1 hasn’t been much of a success, with not a single point on the F1 board since they arrived in 2010 as Lotus Racing (although Marcus Ericsson was just one place off a point at Monaco yesterday). Now, after warning back in January that he would walk away from F1 if the Caterham team’s performance on track didn’t improve, it looks like Fernandes is ready to walk away from Caterham altogether.