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German government liquidating some assets

Nürburgring on sale this week

The Nürburgring racetrack in Germany is officially up for sale this week. The sale of the 12.8-mile, 154-turn track includes the salaries of 300 employees, but not the $515-million debt that caused the 'Ring's bankruptcy.

We reported last July that the track would go through bankruptcy managed by the German government. A public bailout was proposed later that month, but was then blocked by the European Commission.

Read more: http://www.autoweek.com/article/20130517/carnews/130519860



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It grosses $80 mil a year?

estimates for the sale price are near $170 million.

Read more: http://www.autoweek.com/article/20130517/carnews/130519860#i...
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