The 2009 Cadillac CTS V is powered by a supercharged 6.2L LSA engine that generates 556hp, which helped it attain a 7:59.32 Nurburgring lap. Video after the break. Click here for first picture in gallery.

The 2009 Cadillac CTS-V goes on sale in October. Cadillac says the price hasn’t been set. But since the old model got up to $53,000 and since the new 414-hp, V8-powered BMW M3 runs right around $60,000, we expect the Cadillac will list for just over $60K.

[via Edmunds]