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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.

Local authorities cashing in with CCTV fines

Councils are turning to CCTV cameras and spy cars to raise £312m in revenue, that’s according to Traffic Spies, a report published by civil liberties group, Big Brother Watch. Using a series of freedom of information requests, the group has discovered that many councils are continuing to use CCTV to hand out fines, despite the government’s Surveillance Camera Code of Practice, which highlights the need to use CCTV for traffic offences “sparingly”. Council parking ’spy car’ gets speeding ticket Cameras to catch illegal parking on the school run Yet despite this, the number of CCTV cars in operation has increased by 87% since 2009.

McLaren P1 (2013) first look inside Britain's new supercar

McLaren’s latest update on the P1 supercar reveals the supercar's carbonfibre interior for the first time. We’ll see the production-ready P1 at the Geneva motor show on 5 March 2013, but in the meantime CAR also has the best-yet spy shots of the P1 testing in Spain, with the first glimpses of its finished interior architecture. Talk me through McLaren’s latest P1 release The latest update from Woking shows the P1's cabin, visible past a set of butterfly doors that ape its famous McLaren F1 predecessor.