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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.

Parents ignoring school run safety rules

MORE THAN a third of parents who drive their children to school think it is acceptable to stop or park on school safety zigzag lines, with a quarter admitting to doing so, according to research from AXA Car Insurance. Furthermore, 88% of school-run parents have witnessed fellow motorists stopping in the restricted zigzag area at least once a week. Zigzag lines prohibit waiting, parking or stopping for any reason during school run times, and yet only 17% of adults in the survey knew that.

Audi A1 by Damien Hirst (2010): first official picture

British artist Damien Hirst has helped Audi produce this art car: an Audi A1, which sold for €420,000 (£350,000) at a charity raffle. The Audi A1 Damien Hurst was shown at pop star Elton John’s White Tie and Tiara Ball and the money raised goes to his AIDS foundation. ‘That’s the most exciting object we’ve ever had on auction at the White Tie,’ said Sir Elton.