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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.

Volkswagen Microbus production could resume in Brazil

The Volkswagen Type 2 Kombi/Microbus may be a classic to our eyes, but it has been in continuous production in Brazil for almost 50 years. Impending legislation that would outlaw the production and importation of cars and trucks without modern safety features such as ABS brakes and airbags was set to put an end to the Kombi production in Brazil, but one lawmaker wants to make an exception for the veteran vehicle, Indian Autos Blog reports. Brazil's finance minister Guido Mantega is arguing that since the Kombi/Microbus has been in production for decades -- before ABS technology and airbags were developed -- it would be unfair to apply the new law to the vehicle.

Massive 220-car Oklahoma collection to go across the block

It's been six months since some 500 cars from the gigantic Lambrecht Chevrolet stash found new homes, and many of them are well into their restorations. In fact, all a few needed was a new battery, some fluids, and a few hours of work to be brought back to life. Others will surely be preserved as-is, not even with their dust wiped away.