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Team Lotus buys Caterham Cars

Caterham Cars has been sold to Team Lotus Enterprise, the holding company for the Team Lotus Formula One team.  So Lotus has bought back the Caterham Seven? No. Team Lotus, the UK-based F1 team owned by Malaysian businessmen Tony Fernandes, Kamarudin Meranun and SM Nasarudin has done the deal. You're thinking of Group Lotus, the makers of Lotus sports cars led by Dany Bahar – Group Lotus sponsors of Lotus Renault GP, the UK-based F1 team that was formerly Renault.

London 'black' cabs exported to Australia

THE LONDON cab is to make an appearance Down Under - but coloured white rather than the traditional black. The London Taxi Company has exported a test sample of 98 second-hand TX4 taxis to the Western Australian city of Perth where they will under go trials over the next few weeks. It has been thought fit to paint the cabs white to take account of the perpetual Perth sunshine.

Ferrari team van from new Rush movie heads to auction

For petrolheads, it's one of the mostly hotly anticipated films of 2013. It's called Rush and it documents the intense rivalry between James Hunt and Niki Lauda during the famous 1976 Formula One season. A couple of years ago, an Austin A35 van formerly owned by James Hunt was sold at auction.