Rockingham Motor Speedway has been acquired by remarketing and car retail giant Constellation Automotive Group for £80 million.
Rockingham Group is investing more than £12 million in phase two of the expansion of its remarketing facility at its Automotive Logistics Hub at Rockingham, Northants.
Rockingham Group has seen a surge in enquiries for short-term, secure storage from local and national leasing and hire companies as 1,000s of vehicles stand idle due to the Coronavirus lockdown.
Rockingham has plans for a new 250-acre Automotive Logistics Hub, which will offer end-to-end automotive processing and 40,000sq ft of serviced office space.
City Auction Group has reported "huge success" of its opening sale event at its newly refurbished dual lane auction halls at the Rockingham centre.
City Auction Group has appointed Emma Woodward as the new business development manager at Rockingham.
City Auction Group has announced major investment in the Rockingham facility, which will see a restructure and additional service capabilities.
Rockingham Motor Speedway plans to become an automotive logistics hub, providing de-fleet, remarketing, refurbishment and storage services.
City Auction Group Rockingham has welcomed David Macklin as operations manager, as he leaves his former PSA role as asset recovery and disposals controller.
City Auction Group is celebrating its three-year anniversary at the Rockingham auction facility, where it achieved record-breaking growth last year.
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