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Troubled Nurburgring race track finds buyer

Rex The legendary Nurburgring race track in Germany is set to be bought out by a consortium led by private investment group HIG capital, it emerged on Friday. The circuit has been burdened with enormous debts, went into administration in 2012, and has been looking for a new owner since last spring. HIG’s move will hopefully allay fears of car enthusiasts around the world, who visit the historic 13-mile track in droves to test the limits of both their car’s handling and their own skill.

Chrysler recalls Wrangler, Compass and Patriot

Chrysler Group said today it will recall more than 220,000 units of the Jeep Wrangler to fix a transmission flaw and 409,000 units of the Jeep Compass and Patriot worldwide to fix a software glitch that could stop airbags and seatbelts from working in a crash. The recalls add to a growing list of safety problems at Chrysler, which stunned the auto industry this week by taking the rare step of rebuffing a recall request from the National Highway Traffic Safety Administration. On Tuesday, Chrysler refused to recall 2.7 million units of the 1993-2004 Jeep Grand Cherokee and 2002-07 Jeep Liberty, claiming that the vehicles were built in compliance with safety standards and are not more accident-prone than other vehicles of the time.

Audi R8 GT (2010): first news of lightweight R8

Audi has shown the new R8 GT – a limited-edition model to sit atop the R8 supercar family. The GT is 100kg lighter, thanks to some body parts made from carbonfibre and its V10 engine is tuned up to Gallardo-nibbling spec. With 552bhp and 398lb ft, the R8 GT will be considerably faster than the standard R8 5.2 FSI V10.