KOBLENZ, Germany (Reuters) - Germany's Nuerburgring has been sold to motor sport industry supplier Capricorn Group for more than 100 million euros (83.6 million pounds), ending a months-long search to find new owners for the world's longest racetrack, which became insolvent in 2012.
Capricorn's offer beat out a rival bid from buyout firm H.I.G Capital, the administrator for Nuerburgring, GmbH, said at a press conference on Tuesday.
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