Saturday, November 1, 2014

Nurburgring sold to Russian pharmaceutical billionaire – report

Russian billionaire Viktor Kharitonin has purchased two-thirds of the Nurburgring race track, which fell into bankruptcy in 2012. Bloomberg reports that the chairman of Russian pharmaceutical company Pharmstandard has purchased a majority share in the famed German track. A spokesman for the track’s administrators told the news service that Kharitonin had bought a two-thirds stake in [...]

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