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General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.

Australian Grand Prix Qualifying: Hamilton takes pole for Mercedes

Lewis Hamilton taking pole position for the 2014 Australian Grand Prix It’s all change for 2014 in the world of F1, with new turbo V6 engines making funny noises and new nose cones looking as odd as the engines sound. But one thing hasn’t changed – it’s Mercedes and Red Bull fighting for the front. Lewis Hamilton took a stunning pole in tricky, wet conditions on the last lap of final qualifying to edge out the Red Bull in to second spot.

Goodwood Festival of Speed 2008 review

By James Mann and Tim Pollard Motor Shows 13 July 2008 23:01 SUNDAY, DAY 3: LIVE NEWS FROM THE GOODWOOD FESTIVAL OF SPEED. The 2008 Goodwood Festival of Speed rounded off with an epic Sunday with a jaw-dropping procession of supercars, historic race cars, an appearance by current F1 leader Lewis Hamilton and a series of historical curios and crashes to keep spectators on their toes. Sunday's highlight was the much-hyped appearance of McLaren F1 driver Lewis Hamilton.