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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.

16-year-old Verstappen to race in Formula 1

TEENAGER Max Verstappen is confident he can handle the pressures of the world of Formula One and insists he is not worried about the sport's dangers. The 16-year-old is set to become the youngest driver in F1's history after joining Toro Rosso for the 2015 campaign. Verstappen - 17 in September and currently competing in Formula Three - will replace Frenchman Jean-Eric Vergne at the Red Bull-owned team.

More drivers skipping vital car servicing

NEW RESEARCH has revealed that more than one in three motorists (39%) on our roads are thinking of skipping their next service. This means that for nearly 13 million motorists, the MOT test could be the only time their vehicle undergoes any kind of safety inspection. According to the survey carried out on behalf of KwikFit, one in ten (10%) UK motorists confessed they ‘never’ check their tyres and nearly one in seven (15%) admit they are currently experiencing a problem with their brakes but are not actively looking to repair it.