Motorsports Track Events

Russian Billionaire buys majority stake of Nürburgring

By  | 

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.

1024px-Nurburgring.svg

Full Story: http://www.wiwo.de/unternehmen/dienstleister/russischer-milliardaer-viktor-charitonin-uebernimmt-nuerburgring/10911360.html

From an early age my parents used to take me to car shows and a few automotive museums and that is where I got the car bug. Ever since then I have had mainly cars that were more go than show until 2008 when I bought my 2005 Silverado. I started showing the truck and soon after started taking pictures at the shows. In early 2012 I put a call out asking if any sites needed a photographer and here I am, A proud member of the Carshowz family.

You must be logged in to post a comment Login

Leave a Reply