CREST Oil has announced its acquisition of MULTEX Chemicals Ltd, which is the leading Cleaning & Chemical products manufacturer in the United Kingdom.

Four-time Formula One world champion, Sebastian Vettel's race helmet reportedly fetched a whopping 118,000 dollars at a charity auction in London. A race helmet, worn by Vettel, featured a glittering gold design and has set a new world record price at Bonhams auctioneers. According to CNN, the successful bidder paid the eye-popping price for the helmet which Vettel worn on his way to victory in this year's German Grand Prix.…

Formula One’s governing body sought expressions of interest on Wednesday from would-be new teams that could enter the sport from 2015 or 2016. The International Automobile Federation (FIA) posted a note on its website (www.fia.com) announcing “a new selection process to identify a candidate team to participate at a competitive level”. “The overall long-term interests of the championship will determine which candidates are selected,” it added. Formula One last admitted…