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Saab parent company to sell Spyker luxury brand to U.S. firm

Saab parent company Swedish Automobile plans to sell its Spyker luxury-sports-car brand to U.S. private-equity firm North Street Capital for about $44 million. Spyker has been careful to point out to European news sources that the agreement has not been made final.

Track 'raider' given public nuisance charge

A MAN who drove his girlfriend's car on to the former Formula 1 circuit at Brands Hatch during a race has been charged with causing a public nuisance. Jack Cottle, 21, was arrested on suspicion of false imprisonment in June after footage appeared on YouTube of a white Volkswagen Polo being driven into the middle of a Fun Cup race at the Kent circuit, police said. Cottle, of Durgates, Wadhurst, East Sussex, was charged when he answered bail at a Kent police station last night.

Kimi may quit again

KIMI RAIKKONEN has revealed he will likely quit Formula One again once his current deal with Ferrari expires at the end of 2015. Raikkonen dropped the bombshell at Silverstone ahead of the British Grand Prix this weekend, and just eight races into his second coming at Ferrari which has so far been a bitter disappointment. Struggling with a car not to his liking, the hotly-anticipated scrap with team-mate Fernando Alonso has failed to materialise as the Spaniard has comfortably out-qualified and out-raced the Finn.