Tag: deal
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NASCAR’s France Family Negotiating For Control Of Laguna Seca Racetrack: Video
Here’s news that may make racing enthusiasts nervous: NASCAR’s first family is interested in taking operational control of California’s historic Laguna Seca circuit. If the deal is successful, the France family’s International Speedway Corporation would take over track management from the current group in charge, the Sports Car Racing Association…
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Pirelli Sold To State-Owned ChemChina, Pininfarina May Go To Mahindra
Pirelli will be sold to state-owned China National Chemical Corp (ChemChina) after shareholders for the Italian tire manufacturer agreed to the deal, estimated to be worth 7.3 billion euros (approximately $8 billion). Pirelli is the fifth largest tire manufacturer in the world and is known for its performance rubber, namely the P Zero range, while…