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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.

Dodge Dart (2012) - first pictures of the American Alfa

Dodge is reviving a badge from the 1960s for its new Dart compact car - and it's based on Alfa Romeo underpinnings. The new 2012 Dodge Dart borrows the Alfa Romeo Giulietta architecture, available within the group now that Chrysler is part of the Fiat group. Dodge dubs its the new Compact US Wide (CUSW) platform, and we'll see this rolled out across the group.

Jaguar Heritage Museum gets re-launched

The Jaguar Heritage Museum has been re-launched and opens for visitors on 20th July Mike O’Driscoll is Chairman of the Jaguar Heritage Trust – as well as heading up Jaguar in the UK. He said: “The collection is an important part of Jaguar’s heritage and allows members of the public and Jaguar enthusiasts from around the world to view the famous cars. The structure of the museum has been re-designed so that visitors will gain a greater understanding of the fantastic racing history of our brand.