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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.

Mercedes F1 Schumacher sets the pace in Melbourne

Mercedes F1 Michael Schumacher - fastest in practice in Australia Michael Schumacher showed some of the promise for Mercedes 2012 F1 in Melbourne, setting the quickest time in damp Friday practice. With the first F1 Grand Prix of the 2012-2013 season taking place this Sunday at Melbourne’s Albert Park, we thought we’d look in at Friday’s practice to see if there are any clues to this year’s form. To be honest, Friday practice is often more tactical than anything else so we shouldn’t read too much in to what’s gone on.

Audi A2 planned for 2013

The original Audi A2. Audi are planning a new A2 for 2013 based on the A1 Well you didn’t really think that the kings of the car-niche would ignore the number 2 for ever did you? Despite the less than universal praise the original Audi A2 attracted (and, by Audi’s standards, miserable sales volume) they were always going to slip an A2 in to the mix somewhere.