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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.

Global GM chassis starts testing

By Phil McNamara Motor Industry 10 August 2006 09:26 General Motors' new Epsilon II chassis – to be employed around the world by Vauxhall/Opel, Saab, Chevrolet and other brands – has hit the road for testing. Pictured here beneath the next Chevrolet Malibu, the modular front- and all-wheel drive architecture will also underpin the Vauxhall Vectra and Saab's new 9-3 and 9-5. GM is grouping its core models to save cash, and harmonising production processes so that plants can churn out multiple models according to demand.

One lap of the web: Porsches going under, best Beetle commercials and Audi clocks

The Hellendorn Rally took place over the weekend in the Netherlands. Driver Harry Kleinjan's Porsche 911 locked up at precisely the wrong moment and ends up all wet. Let's go to the videotape.