CVC puts the brakes on Formula One flotation

Mr Ecclestone has refused to pay and says he will fight BayernLB in court. “I don’t see how it can come to an end really,” he said, adding: “The float will be in 2014, probably. All the floats that have tried to get out there haven’t happened and I don’t know whether...

Raikkonen Signs for Another Year at Lotus

It came hardly as a surprise.  The Lotus team today announced that it had signed Kimi Raikkonen for another season, to continue in 2013.  Raikkonen currently lies third in the series and has scored six podiums this year in his return to the series after two years in...

Consumer Reports names most reliable cars

Consumer Reports’ latest survey of auto reliability reveals that Ford, which had been steadily rising in the magazine’s dependability rankings for years, has shifted into reverse. Ford (F, Fortune 500) now ranks second-to-last among all automakers,...