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Russian Billionaire buys majority stake of Nürburgring
Russian Billionaire, 41 year old Viktor Charitonin purchased a majority share of the Nürburgring. He now owns two thirds of the Green Hell after it went for sale after the Capricorn deal fell through due to financing issues.
According to reports Charitonin has the second and the third due in December purchase price installment already paid. The Nürburgring liquidator Jens Lieser and Thomas Schmidt had the contract to Capricorn and its co-investor Getspeed awarded in March for a total of 77 million euros, the Axel Heinemann heard a former partner of the Boston Consulting Group. After the speaker of the insolvency administrator initially declined to comment on inquiry, he has now confirmed the report of the economic week in a press release. “The entry of NR Holding AG, in which, among other things, the Russian businessman Viktor Charitonin is involved, merely means a change in the shareholder level”, said the spokesman. The operations and management at the Nürburgring were not affected.