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Caterham sells F1 team

Caterham The Caterham Formula 1 team has been sold to a consortium of Swiss and Middle-Eastern investors following a poor season so far in 2014. Rumours that Caterham would cut its losses have been rife, since team founder Tony Fernandes threatened to quit if things didn't improve this year. The team is currently bottom in the championship and Fernandes hinted of an exit last week, when he tweeted “F1 hasn't worked, but love Caterham Cars.” Graham Macdonald, Caterham Group CEO: “Firstly I want to thank everyone who was involved in the F1 team for all their hard work and dedication since the team’s first days in 2009.

Bentley Continental GT3 road car debut at Goodwood Festival of Speed?

The Bentley Continental GT3 (pictured) looks set to turn in to a road car The idea that the Bentley Continental GT3 – Bentley’s track special – will, at some point, turn in to a road car has been around for a couple of years. But it seemed unlikely. It seemed unlikely because a stripped-out Continental with a GT3 badge, pushing on 700bhp and stripped of many of its luxuries would step on the toes of what we expected – a new Continental Supersports.

Porsche Cayenne S Diesel: The V8 diesel Cayenne arrives

Porsche has revealed the 2013 Cayenne S Diesel with a 4.2 litre V8 diesel offering 378bhp, 626lb/ft of torque and 0-62mph in 5.7 seconds. Back in April we reported that the Porsche Cayenne S Diesel was on its way with a V8 diesel engine to take on the BMW M50d and the upcoming offerings from Land Rover with a 2014 4.4 litre Range Rover Sport seeming a likely possibility. Now Porsche has caught up and revealed the Cayenne S diesel, which gets the 4.2 litre diesel V8 with a healthy 378bhp and a very useful 626lb/ft of torque, enough to scoot the Cayenne S Diesel to 62mph in 5.7 seconds – a bit slower than the M50d, but all that torque should make it feel at least as lively.