SOLD!!

Ever thought it might be cool to OWN your own racetrack? Maybe start your own Top Gear and become wildly famous…? Ok, maybe not but you could in fact now BUY the iconic Gauteng race track after it was liquidated.

The auction is happening TODAY so if you are interested in who will be the new owner… watch this space for details!

Farm Bothasfontein, better known as Kyalami, is a 72 hectare property in Midrand.

The High Street Auction Co, conducting the auction, said previously that the Kyalami auction would be the country’s first race track auction.

Last Thursday, the company’s joint managing director Lance Chalwin-Milton said in a statement that the auction would go ahead, following a court application seeking to prevent it. […]

The court ordered that the auction could proceed, but the reserve price was revised to R200m from R129m. […]

The race track has hosted famous drivers, including Nigel Mansell, Alain Prost and Senna.

This is the first auction of its kind and it will be very interesting to see the fate of the beloved track under new ownership.

More details here from Fin24.