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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.

Audi Q3 (2011) first official pictures

This is Audi’s new Q3, a baby SUV that’s set to challenge the BMW X1, Range Rover Evoque and forthcoming Mini Paceman, as well pinching potential Ford Kuga customers. It’s Audi’s smallest Q series 4x4 yet, sitting below the Q5 and Q7. The new Audi Q3 will be officially unveiled at the 2011 Shanghai show next week.

The Toyota FT-1 concept would make a damn fine new Supra

The Detroit auto show is just getting started, and Toyota has kicked things off with a nice surprise: The racy FT-1 concept. A product of Toyota's Calty Design Research facility, the FT-1 concept shares some of the swoops and vents with the Lexus RC F. But there's a boatload of high-performance styling cues there, too: Take a quick glance and you might spot the front end of a Ferrari Enzo, the profile of the Nissan GT-R, the double-bubble roof of the SRT Viper/any number of Zagato creations and the oversized retractable rear wing of the McLaren P1.