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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.

Jaguar Heritage Racing launches +video

Jaguar Heritage Racing - lots of historic competitive racing planned in 2012 Jaguar are to go Heritage Racing, with works supported Jaguar C and D-Types appearing at heritage racing events like Goodwood and the Mille Miglia. Jaguar has a great depth of history, not just in car production but in racing too. And for a very long time Jaguar believed its history gave it all the kudos it needed to succeed as a car maker.

New Mercedes E63 AMG will debut at New York

The latest spy shot of the New Mercedes E63 AMG which will launch at the New York Motor Sow But at least we know now when that launch will be – the New York Motor Show in April. So we shouldn’t have to wait long to see proper pictures of the M5 rivalling E63 AMG in its latest iteration. So what do we know about the car?