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Caterham – including Caterham F1 – up for sale for £350 million

Will the Caterham AeroSeven Concept (pictured) be a casualty of Caterham’s impending sale? Caterham’s foray in to F1 hasn’t been much of a success, with not a single point on the F1 board since they arrived in 2010 as Lotus Racing (although Marcus Ericsson was just one place off a point at Monaco yesterday). Now, after warning back in January that he would walk away from F1 if the Caterham team’s performance on track didn’t improve, it looks like Fernandes is ready to walk away from Caterham altogether.

VW Polo GTI (2010): first news and photos

Volkswagen has just issued these first photos of the new 2010 Polo GTI. It uses the 1.4-litre TSI engine with turbo- and supercharging to liberate a stocky 178bhp – enough to make the Polo GTI into a proper little pocket rocket.The first hot Polo was the supercharged G40 of 1986, but that developed a relatively weedy 112bhp. The new 2010-spec Volkswagen Polo GTI is powerful enough to hit 62mph in 6.9sec and reach a 142mph V-max.

Everything is bigger in Texas, even speed limits

Texas is preparing to open a stretch of toll road this November with the highest speed limit in America: 85 mph. The road between Austin and San Antonio will stretch for 41 miles, in an attempt to alleviate traffic congestion on nearby Interstate 35. There are already roads in Texas and Utah where the posted speed limit is 80 mph.