Germany’s Historic Race Track Was Sold Fairly, EU Court Says
Law360 (June 19, 2019, 7:22 PM EDT) -- A European court Wednesday affirmed that the closely watched sale of Germany's most famous race track Nürburgring was on the up-and-up, shutting down complaints from an unsuccessful bidder and a motorsport trade association that the process was unclear and unfair.
In a pair of decisions, the court upheld the European Commission’s findings five years ago that found the sale of the Nürburgring complex — which includes the notoriously perilous Grand Prix track known as “Green Hell,” an arena, a museum and a defunct roller coaster — was “an open, transparent and non-discriminatory tender process."
Wednesday's conclusion downed appeals lodged by NeXovation Inc....
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