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Russian businessman now owns 99 percent of the Nurburgring

By Faiming_low on 30 Apr 2016 in Other News

Attached Image Viktor Kharitonin, a Russian businessman, now owns 99 percent of the Nurburgring track, according Forbes Russia. Kharitonin, who is the co-founder of a pharmaceutical company, bought the remaining 19 percent at a price of S$58 million. He had acquired 80 percent of the the track back in 2014 and the total cost of owning 99 percent of Nurburgring is estimated to be close to S$118 million.

The remaining last percent of the track is kept by GetSpeed, a German company that provides a accommodation and car care for drivers who go to the Nurburgring.

The track's speed restrictions were lifted recently after a fatal crash on the Flugplatz section last March involving a spectator caused the Nürburgring track management to impose speed limits.

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Faiming_low
Written by Faiming_low
Since young, Fai Ming has always centered his life around cars. In fact his first word was 'car' and not 'mum' or 'dad'. Aren't kids cute?



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Turboflat4 May 02 2016 12:07 PM
That fatal crash was of a Nismo GTR during the VLN endurance series and the only fatality was an idiotic spectator who'd jumped one of the safety fences meant to protect his stupid ass.
Faiming_low May 02 2016 06:28 PM

That fatal crash was of a Nismo GTR during the VLN endurance series and the only fatality was an idiotic spectator who'd jumped one of the safety fences meant to protect his stupid ass.

 

That's right.

  • 1
 
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