Nürburgring Is Sold, Again – This Time to a Russian Billionaire
"After the Nürburgring race track was acquired a few months ago by the German auto parts manufacturer Capricorn for €77 million (USD$96 million), it seems the famous race track found a new owner again. This time around, a Russian billionaire bought the operating rights of the race track. It’s a new plot to the story of Nurburgring that seems to attract hundreds of drivers each week, but fails to properly monetize its potential.
German news site Wirtschafts Woche reports that Capricorn may have sold its share to NH Holding, which is owned by the 41-year-old Viktor Kharitonin. The Russian pharmaceuticals billionaire that, according to Forbes, is placeed at 1,342 among the richest men in the world. Not to shabby for an automotive enthusiast! It also proves that there is certainly interest for investing in such racing-oriented business ventures."
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