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Australian F1 Grand Prix Qualifying: Postponed until Sunday by heavy rain

Final qualifying for the 2013 Australian Grand Prix in Melbourne has been postponed until Sunday by torrential rain and poor light. The 2013 Australian Grand Prix is the opening event for the new F1 season, but the new season is off to a difficult start after torrential rain in Melbourne has forced the postponement of qualifying until Sunday morning – just before the race itself is due to start. Race Director Charlie Whiting called time on qualifying this morning after just the first knockout round when the heavy rain – and fading light – made it too dangerous to continue the knockout session.

UK 2011 car sales analysis: winners and losers

The UK car market fell 4.4% in 2011 to its worst year for at least a decade. Brits bought 1,941,253 vehicles last year as private motorists put off that new car purchase and stuck with their existing wheels or went secondhand. Retail sales took the brunt of the fall, with a 14% collapse on 2010's figures.

RM Auctions buys Auburn complex from Kruse

RM Auctions has bought the Kruse International Auction Park in Auburn, Ind., from financially troubled auctioneer Dean Kruse and plans to hold the site's annual Labor Day weekend car auction Sept. 2-6. Rob Myers, RM Auction CEO, said his company will spend the next several weeks making upgrades to the auction facility and lining up consignments.