Monday, April 15, 2019

Stig Investments bought the Bondurant school from bankruptcy

The school was sold under Section 363 of the United States Bankruptcy Code, which means it was sold to the highest or best offer on the table. It also means the new ownership group owns the Bob Bondurant School of High Performance Driving name. It wasn’t immediately clear if the name will change, but Belser said he and his partners have immense respect for Bondurant.

The new owners have specified NOTHING that they are doing to improve or change the school facilities, or philosophy, hours, practices, or how they will prevent it from just going bankrupt AGAIN.

https://journal.classiccars.com/2019/03/28/bob-bondurant-school-sold-to-investor-group/

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