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30Nurburgring bought by Russian billionaire

The Nürburgring is among the greatest racetracks of the world, with decades of fantastic motorsports history born on the snaking course. However, it seems that running the place as a business is about as difficult as learning the 12.9 miles of corners on the Nordschleife. After a long bankruptcy sale, things appeared to be looking up for the track when a Düsseldorf-based business called Capricon bought the circuit for 77 million euros, plus the promise of future investment. However, ju

15Nürburgring officially sold for 100M euros

The Nürburgring has been officially sold, and it wasn't to HIG Capital and its group of investors as we had previously expected. Instead, Düsseldorf-based Capricorn Development put in a last-minute bid to buy the track for 77 million euros ($106.8 million), and it's promising to invest a further 25 million euros ($34.7 million) into the historic racecourse. The company will take full ownership of the 'Ring on January 1, 2015.

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