Ningbo International Circuit Ningbo International Circuit The Ningbo International Circuit is a motorsport race circuit near the Chinese town of Ningbo. Ningbo International Speedway (宁波国际赛车场) is one of a crop of new tracks opening across China under the stewardship of auto maker Geely (owner of Volvo). Located near to the fast-growing Ningbo city in Zhejiang province, the circuit is one of five being built Geely subsidiary Mitime Investments, in order to develop car culture and motorsport in the region. The new track has been designed by Alan Wilson, well known for his works in the United States at the Utah Motorsports Campus (acquired
Subsidiary other is not. In descriptions of larger corporate structures, the terms "first-tier subsidiary", "second-tier subsidiary", "third-tier subsidiary" etc. are often used to describe multiple levels of subsidiaries. A first-tier subsidiary means a subsidiary/daughter company of the ultimate parent company, while a second-tier subsidiary is a subsidiary of a first-tier subsidiary: a "granddaughter" of the main parent company. Consequently, a third-tier subsidiary is a subsidiary of a second-tier subsidiary—a "great-granddaughter" of the main parent company. The ownership structure of the small British specialist company Ford Component Sales, which sells Ford components to specialist car manufacturers and OEM manufacturers, such as Morgan