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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.

New 2011 / 2012 Ferrari 612 is 4×4 Shooting Brake

The 2011 / 2012 Ferrari 612 will be a 4x4 Shooting Brake (render by Vandenbrink design) Last month we had an email in from Argentina pointing us towards spy shots published by Autoblog Argentina which seemed to be of an all wheel drive Ferrari 612. Which tied in very well with the story we ran over a year ago when we reported that a 4×4 platform for the next Ferrari 612 was a certainty, just six months after we reported Ferrari were working on four wheel drive hybrid propulsion system. But the Ferrari 4×4 setup is very different to the permanent all wheel drive system used by Lamborghini.

Audi reveals monster V12 diesel

By Phil McNamara First Official Pictures 18 September 2006 08:15 Audi has revealed details of a flagship diesel Q7, which runs a V12 TDI inspired by the company's Le Mans-winning diesel racer. Ingolstadt claims the engine is the world's most powerful production diesel. The blown 6.0-litre V12 kicks out 493bhp and a staggering 737lb ft at just 1750rpm.