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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.

GM recalls 2012 Chevrolet Equinox, GMC Terrain for tire-pressure sensor fix

General Motors is recalling 33,964 Chevy Equinox and GMC Terrain crossovers from the 2012 model year to check for problems with the tire-pressure-monitoring systems. The vehicles were built from July 18 to Sept. 6, 2011.

Audi Kicks Off Le Mans Campaign In Style

THERE’S no getting away from the fact that Le Mans is a big deal for Audi. The German car maker has dominated the famous endurance race in recent years, and to reinforce the event’s importance the launch of its 2014 car was a little unconventional. The Le Mans circuit is unusual in that, for most of the year, part of it is a public road.