News Details
Nurburgring sold for up to EUR 70m?
The Nurburgring looks to have been sold for between EUR 60 and 70 million. This week, F1 chief executive Bernie Ecclestone said he had been outbid for the fabled German grand prix venue, having offered "$50 million". Now, the leading business weekly Wirtschaftswoche reports that Miami-based private equity company HIG Capital was the high bidder, having pledged EUR 60-70m for the circuit, amusement park and nearby hotels. The report said the Nurburgring trustee had actually wanted a three-digit million sum. HIG Capital declined to comment. Asked if the Nurburgring will return to the calendar as scheduled next year, Ecclestone told Reuters: "It depends who buys it."
Full Story »
Full Story »
10y ago from GrandPrix.com
0
You May Also Be Interested In...
German Grand Prix 'in trouble'
The future of the Nurburgring is far from certain Sutton Images Enlarge...
10y ago from espnF1.com
Nurburgring poised to be saved by investor consortium
Nurburgring poised to be saved by investor consortium 6 March, 2014 An...
10y ago from GrandPrix247.com
Fresh doubt raised over future of German GP
The German Grand Prix is once again coming under threat after Bernie...
10y ago from RichlandF1.com
German Grand Prix 'in trouble' says Ecclestone
Bernie Ecclestone has revealed that the future of the German Grand Prix...
10y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
What is a wildcard in MotoGP and why is it used?
No description available...
1h ago from Motorsport.com
Yamaha to test completely new MotoGP bike at Jerez
No description available...
17h ago from Motorsport.com
Raul Fernandez set to get 2024 Aprilia MotoGP bike at...
No description available...
20h ago from Motorsport.com
Quartararo: Marquez's Honda exit ‘woke a lot of...
Fabio Quartararo believes Marc Marquez's exit from Honda last term 'woke a...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
McLaughlin issues statement following St. Pete...
No description available...
7h ago from Motorsport.com
McLaughlin disputes IndyCar's claim that rules...
Scott McLaughlin was one of the two Team Penske IndyCar drivers that were...
7h ago from MotorsportWeek.c...
Full-time IndyCar move “an option” says supersub...
No description available...
10h ago from Motorsport.com
O’Ward retroactively given St. Pete win after Team...
The NTT IndyCar Series announced on Wednesday that all three Team Penske...
19h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Ford simulator boosting M-Sport WRC Puma performances
No description available...
21h ago from Motorsport.com
Auction raises more than 50K for Craig Breen Foundation
No description available...
20h ago from Motorsport.com
FIA not at war with manufacturers over 2025 WRC...
No description available...
2d ago from Motorsport.com
ERC star Sesks secures WRC Rally1 graduation with...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Newcastle United 'leading Arsenal, Chelsea, Liverpool...
Newcastle United are reportedly regarded as the new frontrunners to secure...
37m ago from SportsMole.co.uk
Arsenal in talks to sign ex-Bayern Munich attacker;...
No description available...
3h ago from SportsKeeda.com
Ex-Arsenal & Man Utd star RVP in advanced talks...
Former Arsenal and Manchester United striker Robin van Persie is in...
1h ago from CaughtOffside.com
'It looks a bit crass' - Mesut Ozil trying to emulate...
No description available...
2h ago from SportsKeeda.com
Comments
Hottest News
Audi agree LONG-TERM F1 deal with star driver
Audi have agreed a long-term deal for the first... Read More »
2h ago from GPFans.com
F1 legend issues DAMNING verdict on proposed rule change
F1 legend Martin Brundle has had his say on... Read More »
47m ago from GPFans.com
Blue Mist: Just how Azzurro will Ferrari be in Miami?
So, Ferrari will race with blue on its cars in... Read More »
2h ago from GrandPrix247.com