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Nürburgring sold for £83m to German auto tech group (2014)

By Ollie Kew Motor Industry 12 March 2014 11:00 The Nürburgring racetrack in Germany has been sold to German automotive and aerospace technology conglomerate, Capricorn Group, for a figure in excess of €100m (£83m), it has been announced. The Capricorn bid narrowly beat a rival offer from HIG Europe by virtue of its ‘higher purchase price and good prospects for the region’. For now, it’s business as usual.

Roush debuts tuner kit for 2011 Ford Mustang

If the 412 hp from your 5.0-liter Mustang just isn't quite enough, Roush Performance Products has launched the ROUSHcharger tuner kit for your car, boosting output to 550 hp on pump gasoline with more than 470 lb-ft of torque. The kit (part number 421140) has a suggested retail price of $5,999 and is available now. The kit comes with a 90-millimeter pulley and generates an estimated seven pounds of boost.

Porsche opens new Weissach design studio

Porsche has officially opened its new design center. Located at its Weissach development center, the facility includes interior and exterior design departments, plus a dedicated area for concept car construction. According to Porsche chairman, Matthias Müller, the architecture of the new studio has been designed to allow the firm's "creative developers to work hand-in-hand even more methodically than before." The new design center is one of three new buildings opened at the site, which have been built as part of a $200million investment at Weissach.