Ford Oem Bv6z-5500-d Control Arm/suspension Control Arm on 2040-parts.com

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.

New Mercedes S 63 AMG costs from £119,565

New Mercedes S 63 AMG (pictured) costs from £119,565 The arrival of the new Mercedes S-Class in May saw MB move their range topper on properly for the first time in almost a decade, but with UK prices staring from £62,650 for the S 350 BlueTEC it wasn’t going to be on most people’s shopping list. And if you can’t afford Mercedes’ entry-level S-Class there’s no hope of affording the new S63 AMG, which Mercedes has revealed will cost an eye-watering £120k when it arrives in the UK in November. To be entirely fair, the new S63 is an awesome car with immense performance (which would be even more impressive if Mercedes endowed it with 4WD, as they do in other markets) with its 5.5 litre bi-turbo V8 developing 577bhp and getting the S63 to 62mph in 4.4 seconds.

Lifeboat resuces two swamped cars

A LIFEBOAT CREW rescued two cars which were swamped by the sea within 90 minutes of each other as the highest tides of the year caught drivers out. At least one of the vehicles which were wrecked by the submerging North Sea had been used to try to pull a boat out of the water, the RNLI said. A crew from Redcar, near Middlesbrough, responded to the first call-out at 3.20pm on Wednesday after coastguards received a number of 999 calls saying two people were on the roof of a vehicle on the town's beach as the waters came in.