Porche SA buys Kyalami for R205m

By IAfrica
In South Africa
Jul 24th, 2014

JOHANNESBURG – The Kyalami race circuit, which has hosted racing greats including Ayrton Senna, was sold at an auction for R205 million in Johannesburg on Thursday.

It was sold to a telephone bidder, on behalf of Porche South Africa, in an auction lasting around one minute and 50 seconds…

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