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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.

Ford improves top design on its 2015 Mustang convertible

Ford revealed details on its forthcoming 2015 Mustang convertible, whose top features several highly welcome improvements over the outgoing model’s, making it quieter, more compact and easier to operate. Though Ford continues to call the cloth top a two-layer design, it now sports a 10-mm thick cushion between the twill covering and the headliner layer, serving as both insulation and sound deadening. Ford says with the top up, the cabin is almost as quiet as the coupe’s on the road.

BMW Concept X5 eDrive hybrid set for Frankfurt motor show

BMW is on a roll when it comes to electric-car technology, and the German automaker will be showing a new X5, dubbed the BMW Concept X5 eDrive, at the Frankfurt Motor Show in just a few weeks. The concept uses a four-cylinder gasoline engine with BMW TwinPower Turbo technology coupled with a 95-hp electric motor. This hybrid powerplant is coupled with BMW's xDrive all-wheel drive system.