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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 kills Mercury – boosts Lincoln

The Linclon Concept C - Lincoln's first C-Segment car? In what is probably the least surpring move by Ford the Mercury moniker has been consigned to the history books as Ford continues to rebuild not just its balance book but its brand. Having finally divested itself of its troublesome posh-badge crew of Jaguar, Land Rover, Aston Martin and Volvo, the only surprise is that the Mecury brand lasted this long.

Lexus LFA Roadster makes an appearence in Tokyo (video)

Lexus LFA Roadster The long-rumoured Lexus LFA Roadster has made a surprise appearance at the D1GP Kick Off Drift event in Tokyo. The plan for Toyota to chop the top of the LFA to create a Lexus LFA Roadster has been running round the rumour mill for a while, but Toyota has yet to confirm it. That said, we reported back in October that Toyota were planning a launch of the Lexus LFA Roadster in 2014, and unlike the LFA Roadster – which was limited to 500 cars worldwide – Lexus were going to build as many LFA Roadsters as the market could swallow.