Businessman to sell $12.5m Point Piper unit to help form car racing team abroad
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
Adam Troost is selling a contemporary property in Point Piper for $12.5 million to raise capital for a new motorsport venture. The funds will support the creation of a racing team that will compete in classic car and rally events across Europe, the UK, and the Mediterranean. Troost, a seasoned businessman, plans to leverage his real estate assets to enter the competitive world of vintage motorsport. The team aims to showcase heritage vehicles and attract sponsorships from automotive brands. The project reflects a growing interest in classic racing circuits and the potential for new entrants to make an impact. Troost’s sale marks a significant investment step toward establishing a presence in international racing.
It demonstrates how high‑value real estate can be leveraged to fund niche sporting ambitions.
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