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JCB sets new diesel land speed record

By Greg Fountain Motor Industry 22 August 2006 05:50 The JCB Dieselmax has broken the diesel land speed record, posting an official, FIA-approved speed of 328.767mph. During the first run along the Bonneville Salt Flats course on 22 August, the 1500bhp Dieselmax touched 324.24mph.The pit crew then turned the streamliner around on a turntable and prepped it for the second run. On the return, JCB's diesel-powered racer hit 333.339mph.

Former auction-house owner Kruse facing Pennsylvania theft charge

Former auction house owner Dean Kruse surrendered to northern Indiana authorities last week to face a theft charge in Pennsylvania, where he is accused of failing to pay a man $38,000 for selling an antique hearse. The Associated Press, citing The Herald Republican of Angola, Ind., said that Kruse, 69, was released Aug. 31 from the DeKalb County Jail in Auburn, Ind., after posting a $5,000 bond.

Caterham Cars launches engineering business

Caterham Cars has created a separate engineering business, Caterham Technology and Innovation Ltd (CTI). It is one of the first moves since Team Lotus Enterprises took control of the company in April. Caterham Technology and Innovation will develop a new line of lightweight sports cars inspired by the Caterham Seven and draw on materials and knowledge gained from Team Lotus Formula One and the Caterham Air Asia Team in the GP2 Series.