{"id":91485,"date":"2014-03-07T20:00:24","date_gmt":"2014-03-08T03:00:24","guid":{"rendered":"http:\/\/www.stokednews.com\/?p=91485"},"modified":"2014-03-07T20:00:24","modified_gmt":"2014-03-08T03:00:24","slug":"sports-car-misc-american-investment-firm-to-buy-nurburgring-race-complex","status":"publish","type":"post","link":"http:\/\/www.stokednews.com\/?p=91485","title":{"rendered":"Sports Car Misc &#8211; American Investment Firm to buy Nurburgring race complex"},"content":{"rendered":"<p style=\"text-align: left;\">An American investment consortium led by HIG Capital has reportedly moved to acquire Germany&#8217;s famed Nurburgring race complex.<\/p>\n<p>The firm is said to have submitted an acquisition proposal to the German competition regulator, the Federal Cartel Office, for a significant portion of the Nurburgring&#8217;s assets, according to Reuters.<\/p>\n<p>The group is allegedly preparing to pay no more than 60-70 million euros (~$83.4-$97.3 million USD) for the complex, representing approximately half of the initial asking price of 125 million euros (~$174 million USD) in March of last year.<\/p>\n<p>The buyout reportedly includes\u00a0\u00a0 &#8230;\u00a0 <a href=\"http:\/\/www.leftlanenews.com\/american-investment-firm-to-buy-nurburgring-for-82-96m.html\" target=\"_blank\">More<\/a><\/p>\n<p style=\"text-align: left;\"><a href=\"http:\/\/www.stokednews.com\">www.stokednews.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>An American investment consortium led by HIG Capital has reportedly moved to acquire Germany&#8217;s famed Nurburgring race complex. The firm is said to have submitted an acquisition proposal to the German competition regulator, the Federal Cartel Office, for a significant portion of the Nurburgring&#8217;s assets, according to Reuters. The group is allegedly preparing to pay [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[66,7,84,25],"tags":[],"class_list":["post-91485","post","type-post","status-publish","format-standard","hentry","category-auto-misc","category-automobile","category-action-sports-business-news","category-sports-car"],"_links":{"self":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/91485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=91485"}],"version-history":[{"count":1,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/91485\/revisions"}],"predecessor-version":[{"id":91486,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=\/wp\/v2\/posts\/91485\/revisions\/91486"}],"wp:attachment":[{"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91485"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.stokednews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}