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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.

Schumacher in coma after ski crash

RACING DRIVER Michael Schumacher is in a coma after a skiing accident in France. The seven-times Formula One champion crashed while skiing off-piste in the resort of Meribel yesterday and was airlifted to hospital. University Hospital of Grenoble spokesman Jean-Marc Grenier said the 44-year-old German had suffered a serious head injury and remains in a critical condition.

Renault Kwid concept: star of the 2014 Delhi Auto Show

Small crossovers are big news and the striking Renault Kwid concept car hints at another entry to a category that is expanding rapidly, following the launch of cars such as the Nissan Juke, Peugeot 2008 and the forthcoming VW Taigun. The Indian car market is booming, too, so what better place for Renault to unveil the Kwid concept than the 2013 Delhi Auto Show? The small and funky 4x4 has been designed as "a new vision tailored for new market needs," according to Renault, offering a robust design with hyper connectivity aimed at the youth of today.