VIDEO: New Audi RS3 Sportback 340HP

Earlier this week, we brought you a first look at Audi's second proposal in the hot hatchback segment after the 265HP S3, the new RS3 Sportback that borrows the TT RS' 2.5-liter turbocharged inline-five with 340 ponies. Now we have the first video that takes us up close and personal with the RS3. Unfortunately, the clip does not include any running footage of the car. The European market order

New Audi RS3 Breaks Cover, gets 340HP Turbocharged Five-Cylinder

It's official; Audi has finally lifted the wraps off the all-new RS3 Sportback that will be if not the, one of the most powerful and fastest hatchbacks in the market when it goes on sale in Europe in early 2011. It adopts the TT RS' 2.5-liter turbocharged five-cylinder engine producing 340-horsepower and 450 Nm (331.90 lb-ft) of torque available between 1,600 rpm and 5,300 rpm.Power is