The Lang Lang Proving Grounds of now-defunct GM Australian subsidiary Holden may soon be sold to an unknown purchaser.
So says GM Authority, adding the proving grounds, about 95km south-east of Melbourne, have been on the market for three years with no buyer for the historic test facility, used in the development of various Holden vehicles.
The identity of the company buying Lang Lang and the exact sum offered isn’t yet known, says GM Authority, though it points out the Berwick Gazette reports the offer to be more than A$25 million.
More details of the purchase will become public in early October 2024, says semi-retired motorsports driver Lee Holdsworth – currently a real estate agent with commercial firm Coldwell Banker Richard Ellis.
The Lang Lang Proving Grounds were acquired by Vietnamese automaker VinFast in 2020 after Holden was retired by GM.
VinFast paid A$35 million for the 872-hectare site.
Reports suggest VinFast planned to use it to launch a new series of vehicles for the Asia-Pacific and Oceania markets, but that those plans fell through, although the Lang Lang grounds may still be used for testing EVs.
