Photo: savethering
On Friday we were somewhat optimistically announcing that a new Nurburgring buying offer had emerged from a global investment and advisory firm.
Apparently, the 275 million euros offer was made only on paper, as some shady details about the company behind it have surfaced in the German media covering the imminent racing track sale.
Called La Tene Capital, the investment firm is run by two men, one of which could very well be a con man on the run from Florida police and US Customs, while the other could be a business student from Honk Kong, so not exactly the type of people you would think are fit to run what is arguably the most famous circuit in the world.
As you know, a two-figure bid to buy the racing track by ADAC was rejected on the grounds that it was for the Nordschleife only, without including the 350+ million euros of aditional investments using public money that the government made over the last half a decade at the Nurburgring.
In recent years there have been a number of protests and petitions for the Green Hell to be saved, as it has been near bankruptcy more than once, so the 275 million euros buying offer first sounded like a breath of fresh air for the legendary circuit. Unfortunately, it seems to have been just a fake publicity stunt and the racing track's fate is still to be decided.
Story via BridgeToGantry
Called La Tene Capital, the investment firm is run by two men, one of which could very well be a con man on the run from Florida police and US Customs, while the other could be a business student from Honk Kong, so not exactly the type of people you would think are fit to run what is arguably the most famous circuit in the world.
As you know, a two-figure bid to buy the racing track by ADAC was rejected on the grounds that it was for the Nordschleife only, without including the 350+ million euros of aditional investments using public money that the government made over the last half a decade at the Nurburgring.
In recent years there have been a number of protests and petitions for the Green Hell to be saved, as it has been near bankruptcy more than once, so the 275 million euros buying offer first sounded like a breath of fresh air for the legendary circuit. Unfortunately, it seems to have been just a fake publicity stunt and the racing track's fate is still to be decided.
Story via BridgeToGantry
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