Jump to content


SEARCH

2

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.

Viewed: 2,217 times

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?



  • 1
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
 
Car Makes

Please select a car make

Facebook Likes
   Featured Blog Post
Photo
Volkswagen might be on the cusp of the electric car revolution, but it’s painfully aware it needs...
POPULAR BLOG POSTS
Photo
Ladies and Gentlemen, this is the new Toyota Supra. Thanks to a leak from the folks from SupraMKV...
Photo
Ahead of his 50th birthday on January 3, the family of Michael Schumacher has released a rare sta...
Photo
A real fancy new Kei-car to come? The Suzuki Jimny Sierra Pickup Style concept will debut at the...
Photo
Over 70 MyCarForum (MCF) members gathered at the Skoda Centre Singapore located along Leng Kee Ro...
Photo
In Mid 2018, it was announced that the new-and-improved Volkswagen Jetta GLI would be arriving wi...
   Lifestyle Articles