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Moody's boosts Ford's credit rating

Moody's Investors Service upgraded Ford Motor Co.'s debt to investment grade, culminating the automaker's six-year struggle to win back the Blue Oval and other assets mortgaged in 2006. Moody's is the second agency to upgrade Ford's debt from junk status, paving the way for the company to recover assets it mortgaged in 2006 to stave off bankruptcy. The company raised $23.5 billion in a move that allowed it to avoid government bailouts or bankruptcy when the industry collapsed in 2008.

British Grand Prix 2014: Result

British Grand Prix 2014: Result The 2014 British Grand Prix at Silverstone was all set up for a cracking race with the Williams and Ferraris at the back of the grid after calling the rain wrongly in qualifying and Lewis Hamilton in sixth after his own bad judgement on the state of the track. But did that make for an exciting race? Hamilton moved from sixth to fourth at the start – and Button up to second – but the first lap saw a heavy crash by Kimi Raikkonen – collecting Felipe Massa in a near head-on in the process – bringing proceedings to an abrupt halt.

Carfest dates announced for 2014

CHRIS EVANS has announced his popular Carefest shows will take place again in 2014, with dates confirmed as 1-3 August and 22-24 August. Hosted by the car-loving Radio 2 DJ, Carfest North on 1-3 August will be held at Oulton Park racing circuit in Cheshire. Three weeks later, Carfest South will take place at Laverstoke Park in Hampshire, owned by former Formula One World Champion Jody Scheckter, on 22-24 August.