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Nurburgring sold to American group?

The future of the Nurburgring complex appears to have taken a step towards resolution amid claims that the motorsport complex has been sold to an American private equity firm.According to reports from Germany, Miami-based HIG Capital emerged as the winner amongst a number of interested buyers, with the venue being sold for approximately $90m.HIG had been listed amongst the 'interested parties' on a final short-list that had, at one point, included F1 supremo Bernie Ecclestone, and appears to have been the preferred bidder despite being rivalled by Dusseldorf-based Capricorn and another unnamed US-based equity firm.The circuit's official receivers had also said that they would not be...
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9mo ago from Crash.net 0
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