According to Auto Express, Lexus insiders have revealed that the upcoming 552 bhp Lexus LF-A sports car has lapped the Nurburgring in 7 minutes and 24 seconds, slashing the current record time of 7 minutes and 27 seconds set by the Pagani Zonda F.

According to Auto Express and Japanese car magazine Holiday Auto, Lexus insiders have revealed that the upcoming 552 bhp Lexus LF-A sports car has lapped the Nurburgring in 7 minutes and 24 seconds, slashing the current record time of 7 minutes and 27 seconds set by the Pagani Zonda F. Despite conflicting claims regarding the lap times of the all-new Porsche 911 GT2 (7:32 AutoBild, 7:25 AutoExpress), one thing appears to be clear; the Lexus LF-A has raised the bar to a  new level.

While the German Nurburgring has always been the benchmark for measuring the performance of a sports car, Porsche and other European sports car manufacturers are starting to feel the heat of Japanese manufacturers, particularly from Nissan and Lexus, who are currently going head-to-head with their GT-R and LF-A sports cars. In September, the Nissan GT-R lapped the Nurburgring in 7 minutes and 38 seconds, narrowly beating the time of the Porsche 997 GT3. Even Honda is reportedly working on a 5.0-litre V10 powered NSX.

Sources say that the Nurburgring test mule was powered by a 4.8-litre V10 engine putting out 552 bhp, capable of reaching 210 mph. We can't wait to hear the official announcement on the final specifications of this car. What are your thoughts? While the Nissan GT-R may not stack up against its German archrivals in terms of interior build quality, do you think the Lexus will?

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Lexus LF-A Sets 'Ring Record