Porsche sells German castle
German luxury sportscar maker Porsche is putting up for sale a Bavarian castle snapped up for six million euros ($8 million) in 2006, a spokesman for the manufacturer of the iconic 911 car said on Sunday.
"We are parting company with this estate," the spokesman told the Frankfurter Allgemeine Sonntagszeitung (FAS), after the paper said Porsche was selling Schloss Bullachberg, near the famous Neuschwanstein Castle in Bavaria.
Porsche had purchased the castle five years ago, under previous boss Wendelin Wiedeking, hoping to transform the 180,000-square-metre (1.9-million-square-feet), building into a luxury hotel.
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