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One Lap of the Web: Peugeot climbs, an extremist sinks and a proposed $1,500 race car

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Peugeot has prepped a Pikes Peak 208, and the folks at Gizmag take an in-depth look at the car.

Driven: Honda FCX Clarity

It may be powered by a hydrogen fuel cell but the Honda FCX Clarity is no work-in-progress; its technology awkwardly shoehorned into an existing model. Nor is it a brittle concept without suspension banned from exceeding 30mph. It's a safety-tested four-seat executive sedan designed from scratch to accommodate hi-tech underpinnings.

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.