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CPP reacts to news of Spyker sale to North Street Capital

CPP's Brendan O'Toole & Spyker's Victor Muller - when things seemed simple The rather surprising news breaking overnight that Victor Muller has done a deal with a North American Private Equity firm – North Street Capital – to buy Spyker was something of a surprise; we still expected the deal with CPP, backed by Muller’s banker Vladimir Antonov, to conclude in an orderly fashion. So before we jumped in with a report we thought we ought to dig a bit and see what’s going on. But we’re still really none the wiser.

What does owning a car really cost you?

Not many things are more terrifying than looking at your bank statement every month to see how badly you blew it. But aside from the day-to-day expenses, ever wonder where exactly all of your money is going? Our friends at The Wall Street Journal's MarketWatch site say that AAA's annual report on driving costs for 2013 suggest that it's your car sucking the life out of your bank account.

Monaco Grand Prix (2011) RESULT

Monaco Grand Prix 2011 - it even had overtaking Far from being a long line of very expensive F1 cars following each other round the streets of the Grimaldi Empire, the 2011 Monaco Grand Prix was full of incident, accident and overtaking. Oh, and a dose of petulance too. Let’s cut to the chase: Vettel won yet again – from pole – and extended his lead to the point where many will say he’s un-catchable.