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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-Benz sells 1000,000 cars in a year in the UK for the first time

Mercedes Bristol hands over the 100,000th Mercedes old in the UK in 2013 It looks like Mercedes move in to a more convincing compact car with the new A-Class is already paying dividends, with Mercedes announcing it has already broken the 100,000 car sales in the UK for this year with a full month still to go. The 100,000th car is, appropriately, a white Mercedes  A 180 CDI Sport – perhaps the best-selling A-Class – which has been collected by its new owner from Mercedes-Benz of Bristol. This is the first full year the new A-Class has been on sale (although the first customer cars didn’t start arriving until well in to the new year) and augers well for sales numbers in 2014.

Toyota GT 86 Convertible confirmed

Toyota GT 86 Convertible on the way With the Toyota GT 86 not yet out in the wild, we learn that Toyota are planning a GT 86 Convertible. In what is perhaps one of the least surprising revelations recently, Toyota’s chief engineer has conformed that they are working on a convertible version of the GT 86. Well, they want to take a piece of the MX-5′s market with their new ‘affordable’ sports car so they have little choice.