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Caterham F1 team sold: 'F1 hasn't worked' - Fernandes

Tony Fernandes today sold his struggling Caterham F1 team By John Mahoney Motor Industry 02 July 2014 16:04 Caterham Group has announced it’s sold Caterham F1 to a consortium of Swiss and Middle Eastern investors. Caterham cars is not part of the sale. In a statement issued today, the sale of the team was said to allow the Caterham Group to focus on its ‘core activities’ that include the British car maker.

CCS- American Iron and Steel Institute Challenge 2005

Transportation Design students from the College for Creative Studies in Detroit recently presented projects done in conjunction with the American Iron and Steel Institute (AISI). Three students were selected from the college to complete an internship: Chris Piscitelli, Sylvian Bryan and Sang Hoon Shin. They took on the challenge to design a 'functional, innovative and extreme-inspired vehicle that integrates environmental responsibility, cost efficiency and advanced steel materials.' Aside from the peripheral criteria, it is the 'extreme' theme that sticks, the brief satisfyingly encouraging students to really provoke with their imaginations.With the Challenge now in its 17th year, AISI puts its considerable resources to good use, Piscitelli, Bryan and Shin each receiving much support during their internship program, which includes producing scale models of their designs.

Peugeot RCZ R with 260bhp to debut at Goodwood FoS

The Peugeot RCZ R (concept pictured) will debut in July at Goodwood We saw the first glimpse of the Peugeot RCZ R at the Paris Motor Show when Peugeot revealed the RCZ R as a concept at the same time as it revealed a facelift for the RCZ range. At the time we said we expected the RFCZ R to turn from concept to reality by the end of 2013, and today Peugeot has revealed that the RCZ R will make its debut at the Goodwood Festival of Speed in July before going on sale. The production RCZ R gets a tweaked version of the 1.6 litre turbo found in other RCZs (and other PSA/BMW cars) with 265bhp and the same range of styling tweaks the regular RCZ facelift got last year.