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Caterham F1 team sold: 'F1 hasn't worked' - Fernandes

Tony Fernandes today sold his struggling Caterham F1 team By John Mahoney Motor Industry 02 July 2014 16:04 Caterham Group has announced it’s sold Caterham F1 to a consortium of Swiss and Middle Eastern investors. Caterham cars is not part of the sale. In a statement issued today, the sale of the team was said to allow the Caterham Group to focus on its ‘core activities’ that include the British car maker.

Steve Saleen is back in the Mustang business

Steve Saleen has been remaking Mustangs for almost 30 years, under one company name or another. We don't have time to list them all here. But under the current moniker, SMS Supercars (SMS stands for Steven Mark Saleen), on Friday he revealed his latest take on the Ford pony car, the 2011 SMS 302 Mustang.

India's National Institute of Design

The National Institute of Design (NID) in Ahmedabad is hidden in the greenery behind an iron gate in the crowded streets of the biggest city in the Indian state of Gujarat. There are no car manufacturers here, nor is there any particular tradition of design in general. But for almost half a century this has been the main school to enrol in if you want to become a car designer in India.