Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Or Login with

Sign in with facebook
Sign In with google

Sign up to CarWale

Please enter your name
+91
Please enter your mobile number
Please enter your password
Please enter your password
Ad

Nürburgring sold to Miami-based private equity firm?

March 07, 2014, 01:25 PM IST by Selvin Jose
Nürburgring sold to Miami-based private equity firm?

The legendary Nürburgring race track is rumoured to have been sold for an undisclosed amount between Euro 60-70 million (Rs 507 - 592 crore). The highest bidder, Miami-based private equity firm, HIG Capital, is said to be the new owner of the iconic race track.

HIG capital has outbid Formula One boss Bernie Ecclestone who also submitted an offer of USD 50 million for the circuit. HIG declined to comment on the purchase. The assets also include an adjacent amusement park which features a rollercoaster to mimic an F1 car. The 20km track, also the world's longest race track, was boycotted following Niki Lauda’s crash in 1976. 

A report in Reuters says Nürburgring trustees wanted a three-digit sum for it. On being asked whether the Nürburgring will return to the Formula One calendar Bernie said “it depends on who buys it.”

It is uncertain now on what happens to the infamous race-track, we positively hope the track remains functional forever. 

      Nurburgring

Source: Reuters

Tags:BMW,E63 AMG,Nissan,BMW M5,Nissan GTR,gtr,Mercedes-Benz,M5,Mercedes-Benz E63 AMG
Show CommentsHide Comments
Ad

Nissan GT-R Price in India

CityOn-Road Prices
Bangalore₹ 2.66 Crores onwards
Chennai₹ 2.55 Crores onwards
New Delhi₹ 2.45 Crores onwards
Kolkata₹ 2.35 Crores onwards
Hyderabad₹ 2.53 Crores onwards
Mumbai₹ 2.44 Crores onwards
  • Upcoming Cars

Toyota GlanzaToyota Glanza

6th Jun 2019

6L - ₹ 9L
Hyundai Kona EVHyundai Kona EV

9th Jul 2019

8L - ₹ 14L
MG HectorMG Hector

Jun 2019

18L - ₹ 23L
Volkswagen Next Generation VentoVolkswagen Next Generation Vento

Jul 2019

8L - ₹ 14L
BMW New 3 SeriesBMW New 3 Series

Jul 2019

50L - ₹ 60L
All Upcoming Cars
Ad

Explore action from the track

Know More

Select your city to avail offers

Currently available only in