Qatar investment firm in talks to acquire UK's race track for $400 million
Qatar investors of Qatar Investment Authority (QIA) are in discussion to buy the UK's Silverstone race track - The Independent newspaper is reporting.
The British Racing Drivers' Club (BRDC), which owns the circuit, has entered into exclusive talks with the sovereign wealth fund to lease the 850-acre Silverstone site for 150 years. The deal is expected to be worth up to $409 million.
Qatar Investment Authority is listed in the Middle East Investors Directory with the code BD44.
More details follows from The Independent
September 6, 2011 |
Filed under Qatar Investors
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