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Caterham sells F1 team

Caterham The Caterham Formula 1 team has been sold to a consortium of Swiss and Middle-Eastern investors following a poor season so far in 2014. Rumours that Caterham would cut its losses have been rife, since team founder Tony Fernandes threatened to quit if things didn't improve this year. The team is currently bottom in the championship and Fernandes hinted of an exit last week, when he tweeted “F1 hasn't worked, but love Caterham Cars.” Graham Macdonald, Caterham Group CEO: “Firstly I want to thank everyone who was involved in the F1 team for all their hard work and dedication since the team’s first days in 2009.

Volvo C30 Performance Concept Prototype (2010) first pictures

The Volvo C30 PCP concept car (2010). Hardly your average DRIVe Volvo By Tim Pollard First Official Pictures 22 April 2010 17:25 No, we hadn't heard of the Gothenburg motor show, either. But appropriately enough, given the Volvo sale to China's Geely, it overlaps perfectly with the 2010 Beijing auto show – and was the launchpad of the homegrown Volvo C30 Performance Car Prototype.This Volvo concept car was produced by Polestar Performance, the people behind the company's Swedish Touring Car team.

Mercedes C63 AMG Coupe: The Video

Mercedes C63 AMG Coupe Video Yesterday saw the official reveal of the Mercedes C63 AMG Coupe, ahead of its debut in April at the New York Motor Show. And we may have seemed a tad dismissive. Which wasn’t the intention.