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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.

Hyundai: Geneva Motor Show 2013

Hyundai is at the 2013 Geneva Motor Show with the Grand Santa Fe debut, the refreshed ix35 and the upgraded i20 WRC. The Geneva Motor Show is probably the most important car show on the planet, and car makers like to have big reveals here. But Hyundai are a bit muted this year, with no big launches planned, although they do have two ‘new’ models on show and a bit of rally glitz too.

Peugeot 208 T16 ready for 2013 Pikes Peak assault

Peugeot is set to take on the infamous Pikes Peak hillclimb in Colorado, USA in this 875bhp 208, driven by nine-time WRC champion Sébastien Loeb. The team behind the 208 T16 Pikes peak has released this video showing Loeb shaking down the monster 208 on French mountain roads, ahead of the 2013 Pikes Peak event on 30 June. The car uses a mid-mounted twin-turbo petrol V6 to develop 875bhp.