Businessman to sell $12.5m Point Piper unit to help form car racing team abroad

AI Summary

Businessman Adam Troost is selling his $12.5 million Point Piper property to finance a car racing team abroad. The team plans to participate in classic car racing and rallying events across Europe, the UK, and the Mediterranean.

The sale of Adam Troost’s contemporary property will help fund plans for a team to participate in classic car racing and rallying events in Europe, the UK and the Mediterranean