We are all waiting for it, we are all dying for it, we just wish Subaru would take the covers of already and let us the next generation Subaru Impreza WRX STi. The image below has been the most circulated image of the 2008 STi so far.

2008 Subaru Impreza WRX STi Spied at the Ring

A few days ago, Car Magazine photographers caught the STi testing at Germany's Nurburgring.

2008 Subaru Impreza WRX STi Spied at the Ring

From what we can gather, the new STi doesn't seem to have an exaggerated bonnet scoop and the rear spoiler is not as big as the previous models, although the wheel guards stick out for a more aggressive look.

2008 Subaru Impreza WRX STi Spied at the Ring

Power is expected to reach more than 220kWs and the STi gets from 0-100km/hr in under five seconds.

Car Magazine reports the new STi has gone up in price by almost £2,000 pounds, thats roughly an increase of $5,000 AUD over the previous model.

STi Rear

As we reported earlier in the year, Mitsubishi is expected to raise the price of the Lancer Evolution X by at least $7,500 AUD.