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Concept Car of the Week: Italdesign Machimoto (1986)

The Machimoto might look and sound like a Japanese concept, but it was developed in Europe in the Turin-based Italdesign studio, and was based on a Volkswagen Golf GTI platform. The name actually derives from MACHIna (car in Italian) and MOTOciclo (motorcycle) as the perfect hybrid between the worlds of two- and four-wheelers. Unveiled on its home turf at the Turin motor show in 1986, it landed like a UFO, shocking both the public and the press.

Mercedes tease the 2014 S Class with a work of art

The 2014 Mercedes S Class isn’t due to be revealed until 2013, but Mercedes will be teasing it at the Paris Motor Show with a sculpture. New car model teases usually take the form of dark photos or photos showing obscure detail. But Mercedes are taking a different route with the new S Class with an artistic sculpture.

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.