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Ferrari and Puma extend partnership

Ferrari and apparel company Puma will extend their six-year deal, the companies said on Wednesday. Puma will continue to be the official licensing partner and racewear supplier for Ferrari. Ferrari is expecting to expand its global reach as the Formula One calendar grows into markets such as India and the United States.

We Buy Any Car TV advert banned

A television advert for the car buying service webuyanycar.com has been ruled “misleading” by the Advertising Standards Authority (ASA), and must not be shown again in its current form. The complaint and the decision centred on the phrase “no nasty surprises” in combination with the lack of any reference to the company’s mandatory administration fee. On Bing: see pictures of misleading car advertising Find out how much a used car costs on Auto Trader The TV ad in question showed two men floating in the sky with car shaped balloons, while a voiceover stated: “When you’re selling you car you can often get knocked down on the price.

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.