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Nurburgring buyout deal set to collapse?
The fate of the German grand prix venue at the fabled Nurburgring is once again in serious doubt.
Recently, we reported that after the embattled circuit was bought for a reported EUR 77 million, it was in the throes of promising talks with Bernie Ecclestone over a new long-term F1 race contract.
But it then emerged in late August that the buyer, a Dusseldorf company called Capricorn, had missed the deadline on its latest due payment to the Rhineland-Palatinate state.
"We still expect the sale to go ahead," a spokesman for the financial recovery experts in charge of the Nurburgring insolvency said at the time.
But now, another alarming report about the health of the Nurburgring...
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10y ago from GrandPrix.com
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