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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.

'Blue Angels' Mustang celebrates 100 years of naval aviation

Ford Motor Co. teamed with U.S. Naval Aviation to produce a single-edition "Blue Angels" 2012 Ford Mustang GT, to be auctioned in honor of the 100th anniversary of the Navy's air presence.

F1: Mercedes sticks with McLaren – Brawn still likely

Mercedes are sticking with McLaren for the 2010 season - but probably Brawn GP too. As the F1 season drew to a close at the Yas Marina circuit in Abu Dhabi yesterday, the whole of the top end of Mercedes Benz management was on hand. They had expected to see Lewis Hamilton in the Mercedes McLaren waltz to a win, but had to settle for simply powering the world champion – Jenson Button – to victory this year and claiming third and fourth place at the inaugural Abu Dhabi Grand Prix.