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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.

Top Gear Tonight: Renaultsport Clio 200, Peugeot 208 GTI, Ford Fiesta ST & New Reasonably priced car

Richard Hammond tests the Renaultsport Clio 200 (pictured), Peugeot 208 GTi and Ford Fiesta ST in tonight’s Top Gear It’s been a while since Top Gear filled our Sunday evenings, but it’s back tonight – Series 20, Episode 1 – at 8pm on BBC 2. The usual mayhem and madness (and silliness) will ensue. but the series needs to be set up first, because there’s a new reasonably priced car.

BMW featuring 2-series, M3, M4 and i-series at Detroit auto show

BMW laid out its plans for the Detroit auto show on Monday. The Roundel will bring its new 2-series coupe, M3 sedan, M4 coupe, i3 and i8 to the annual event. Here's what we know so far.