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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.

In its first year, Indy 500 'glamping' shows potential

For the first time, the Indianapolis Motor Speedway offered “glamorous camping” or “glamping,” on the track's infield during the Indy 500. Across a small lake from the Brickyard Crossing Golf Course's eight hole, IMS settled “Glamptown,” a village of 70 10-foot x 15-foot canvas tents. The tents were available with the choice of a comfortable queen bed, double beds, or two to four military-style cots.

Aston to launch 'two or three Lagonda models' - Bez

Aston Martin is preparing to launch 'two or three' new Lagonda models, CEO Ulrich Bez has confirmed to CAR. In a wide-ranging interview with our European editor Georg Kacher in the new June 2011 issue, Dr Bez revealed numerous details about the plan to relaunch the Lagonda brand. The new-generation Lagondas are to include a sporty crossover, an Allroad-type crossover and a high-end luxury saloon following in the footsteps of the William Towns-designed boxy 1976 Aston Martin Lagonda, CAR understands.