- Associated Press - Friday, December 18, 2015

TOOELE, Utah (AP) - A Tooele County judge has vacated a planned sale of a motorsports park to a Chinese auto manufacturer, saying the bidding process was unlawful.

In July, the county awarded the sale of the park to Mitime Investment and Development Group, a subsidiary of the largest independent automotive company in China, Geely Group of Companies, for $20 million. A competing bidder filed a lawsuit in September requesting a halt of the sale, saying it offered more money and the illegally turned them down.

Judge Robert Atkins ruled Thursday in favor of Center Point Management, the competing bidder.

During the litigation, Center Point reportedly said it would pay $28.1 million for the property.

County officials did not say Thursday if it would appeal the ruling.



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