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Saab files for bankruptcy: the end of the Swedish saga

Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.

Drayson electric racer breaks four speed records

A BRITISH electric racing car has set four new land speed records on the same day. The Drayson Racing prototype racing car, which is powered solely by electricity, set new benchmarks for speeds over one mile and one kilometre with a flying start, plus a new standing quarter-mile acceleration record. The fourth record, subject to ratification, is a British land speed record for cars of any type driven by their wheels over one mile from a flying start.

Russian Grand Prix: Hamilton on pole for Mercedes

Hamilton (r) has pole in Russia followed by Rosberg (l) and Bottas (c) Amid tight security thanks to Russia’s ongoing spat in Ukraine, and a muted appetite for exuberance after Jules Bianchi’s dreadful crash with a JCB on track last weekend, the rest of the F1 circus seems to be on normal duty, with Hamilton’s Mercedes taking the front row and Hamilton dominating proceedings in qualifying to secure another pole position. But it wasn’t necessarily going all Mercedes’ way, with Bottas stringing together a very quick lap in the dying moments of final qualifying that looked like it could propel him in front of the Mercedes duo, until he lost traction at the end of his flying lap and had to settle for third spot in tomorrow’s race. Joining Bottas on row two is Jenson Button and his McLaren after a strong qualifying, and Daniil Kvyat – at his first home Grand Prix – managed to secure a very impressive fifth spot for Toro Rosso. Kevin Magnussen in the second McLaren would have been on row three in sixth spot but gets a five place penalty for a gearbox change.