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Olympian Hoy dreams of racing at Le Mans

SIR CHRIS HOY is planning a competitive comeback in 2016, with the Le Mans 24 hours race the target rather than the Rio de Janeiro Olympic Games. The 38-year-old is Britain's most decorated Olympian with six gold medals, including two at London 2012, and has won 11 world titles. He announced his retirement in April 2013, but his passion for motor racing and competition will be fulfilled after agreeing a deal with Nissan, which will see him compete in the 2014 British GT Championship.

European car sales down 5.2%

EUROPEAN UNION car sales are still sagging despite the return of modest economic growth. For the first eight months of the year, passenger car sales were down 5.2% to 7.84 million compared with the same period last year, the European Auto Manufacturers' Association said - the lowest January-August figure since the group started keeping records in 1990. New car registrations in August fell five per cent from a year ago to 653,872.

Volkswagen to take over Porsche

VW now seem set to take control of Porsche Porsche need a way out of the hole they are in and VW is the best way out. The two warring side of the Piech family – owners of VW and Porsche – now appear ready to swallow hard and see the inevitable happen. But will it be so bad?