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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.

Nissan cuts the price of the Micra to £7,995

The Nissan Micra is getting a price cut in the UK, with the entry-level Micra dropping to just £7,995 and price cuts across the Micra range. That means the entry-level Micra 1.2 12v Visia comes down form a not exactly bargain basement £9,750 to a much more appealing £7,995. And Nissan hasn’t done it by cutting equipment levels, as they say every model still gets the same level of equipment, including Bluetooth.

Aston Martin One-77 (2009) wins top design prize at Villa d’Este

By Tim Pollard (photography by Mike Goodbun) First Official Pictures 27 April 2009 10:39 It’s having a long drawn-out gestation, but Aston Martin’s One-77 supercar made its world show debut at this weekend’s Villa d’Este, where it scooped the top prize for concept cars and prototypes. We’ll forgive you if you thought the One-77 had already been unveiled, but the car at Geneva was a technical cutaway rolling chassis – the first finished car is the one show in our photos above. The One-77 won more than 30% of the votes among the eight cars entered in its category.