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Tuesday, February 20, 2024, 11:20
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TRP Hungary has led a consortium of investors to acquire the assets of Finland’s Kimiling Circuit, the motorsport company announced in a press release.
The investment consortium includes TRP Hungary. Alex Love is a US-based individual investor. Balázs Kerek, owner of Raorg TransLog. Mika Wilska was born in Finland and has managed several business incubation projects in Germany.
The investors established Finnish Motorsport Circuit Holding Oy to develop the circuit into an “internationally acclaimed” circuit.
TRP Hungary has created a development program and a phased strategy that will ensure continued development on the ground in the coming years.
The company noted that the financing for this transaction was entirely private and no public funds were involved.
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