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Nurburgring sold to German parts maker Capricorn Group for £83.5 million

The Nurburgring has been saved from bankruptcy The Nurburgring complex in Germany – home to many a car makers test centre and beloved of wannabe racers – has been saved from bankruptcy with an £83.5 million deal. German parts maker Capricorn Group have stumped up over £83.5 million to buy the Nurburgring complex which includes the famous 13 mile North Loop Track as well as the Grand Prix Circuit and have committed to spending and additional £21 million to further develop and improve the site. The Nurburgring track fell in to bankruptcy back in 2012, and it looked for a while as if the whole thing could be closed down, but bids from Capricorn Group and one other have saved the day, with Capricorn winning out with the bigger bid.

Nismo enters a new era

Nissan made Nismo its exclusive performance car and motorsports brand at its new global headquarters in Yokohama, Japan. CEO Carlos Ghosn declared the building open at a ribbon-cutting ceremony on Monday. Even though Nismo has been tuning cars for Nissan for almost 50 years, its first true production car didn't hit the streets until the Nissan Skyline 2000GT.

Audi S7 Spied

Audi S7 caught out playing We got the launch of the Audi A7 in July and here we are – just a couple of months on – expecting the Audi S7 to surface at the Paris Motor Show next week. And just in time we’ve got a spy shot of the hot S7 out playing and looking pretty much production-ready; as it should if it’s going to bow in next week. It seems clear this is not an A7 with an S-Line pack as it’s sporting a pair of twin exhausts out back which, as far as we can recall, don’t appear on any A7.