Nick Saban adds to portfolio with reported purchase of 2 Florida Mercedes dealerships
By Keith Farner
Published:
Nick Saban has been in the auto dealership business for several years, and now he’s added 2 more stores to his growing portfolio.
Dream Motor Group, which is co-owned by the Alabama coach, has purchased 2 South Florida Mercedes-Benz stores in a $700 million deal, according to Automotive News. Mercedes Benz of Coral Gables and Mercedes Benz of Cutler Bay are both in the Miami area.
Saban already owns a pair of Mercedes locations in Birmingham, one in Baton Rouge, one in Nashville and another in the Houston area, according to AL.com. Saban’s son, Nicholas, is part of the management team at Mercedes Benz of Birmingham.
The Birmingham location has a famous customer in Ole Miss running back Ole Miss’ Quinshon Judkins, who led the SEC in rushing last season as a freshman. Judkins, who is from Pike Road, Alabama, told reporters this summer that he purchased a white Benz, but didn’t know that Saban had a stake in the dealership the first time he went to look for cars.
A former newspaper veteran, Keith Farner is a news manager for Saturday Down South.
