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German automotive firm Capricorn Group has bought the Nurburgring for over $140 million and is planning to invest another $35 million to further developing the world-famous track.
After the Nurburgring fell into bankruptcy last July, it was only a matter of time before a new buyer stepped up to purchase the track and its facilities, and the bidding for track began this week.
With the world-famous Nurburgring up for sale, automotive racing enthusiasts are speculating the varying scenarios that could result now that interested parties have dwindled from 50 to between 5 and 10.