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Caterham F1 team sold: 'F1 hasn't worked' - Fernandes
Wed, 02 Jul 2014Tony 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.
Honda updates NSX concept for 2013
Wed, 16 Jan 2013Here's our first look inside Honda's NSX hybrid supercar, set to take on everything from the Audi R8 to the next-gen Mercedes SLS from 2015. Just unveiled at the 2013 Detroit motor show, the concept's exterior styling has been updated (we first saw the NSX show car at the 2012 Detroit show) and Honda has now revealed a potential interior design for its new supercar too. Is this the production-spec Honda NSX interior?
Koenigsegg backs out of deal to buy Saab
Tue, 24 Nov 2009Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.