Nurburgring sold for up to EUR 70m to HIG Capital
- Published on 06 Mar 2014 08:27
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- By: Rob Veenstra
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." (GMM)
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