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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.

Audi to reveal 230hp S1

Audi is expected to reveal a 230hp quattro S1 at the Geneva Motor Show in March. The hot version of its A1 city car will be powered by the turbocharged 2.0-litre engine used in the Audi S3, and come with four-wheel drive as standard. On Bing: see pictures of the Audi S1 Find out how much a used Audi A1 costs on Auto Trader An Audi spokesman would not confirm the rumours, although the S1 is believed to have been spotted undergoing tests in Sweden.

Porsche whiffs on customer care

Porsche is making a mistake that could take years—and millions of dollars—to fix, and you might not even be aware of it. Well, that is, until now. The mistake started with Porsche 911 and Boxster models sold in the U.S.