La Tene investment firm places 275M EUR bid for Nurburgring

by SpeedLux

Well known premier global investment and advisory firm La Tene has recently announced on its official website they have placed a bid to acquire troubled Nürburgring.

Just about a week ago the offer of Allgemeiner Deutscher Automobil-Club (ADAC) for purchasing Nürburgring was rejected and so naturally another bid has been received. This time it’s from this global investment and advisory company called La Tene who have placed a bid of as much as 275M EUR bid to acquire the ‘Ring, according to their official website.

This bid amount is significantly higher amount of money when compared with the bid made by ADAC which was for a “double-digit million (EUR) sum. Just like the earlier bid, it clearly appears that La Tene is also interested in just the “German Race Track Nürburgring” and so they are probably not interested in acquiring the theme park and all related commercial facilities.

Well all we can hope that this time the bidding is successful and the troubled Nürburgring is able to get the required relief from all kind of problems.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.


SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.


©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More