The Nürburgring has seen better days, financially-speaking, that is. After having gone under bankruptcy protection in July of 2012, the renowned racetrack is now set to find a new owner who is to take over from the current patrons, the German government. However, the price will be far lower than the $515/€400 -million debt that caused the bankruptcy, according to an AutoWeek report.
The price is expected to be around $170 million / €132 -million, and all interested parties need to make their presence known by June 12. Whoever buys it will have to agree to allow public access, as well as keep the same racing series the track currently plays host to every year. Annual generated income is around $80 million / €62 -million.
No more is currently known, but we will keep you updated on this matter that we deem interesting. We’re also curious to see how the ‘Ring will change under new ownership, regardless if that change is for the better or not.
One thing is clear – they do need to keep it open to the public, not only for the revenue it brings in, but also to allow boy racers to serious racing enthusiasts to try out their skill through its 154 corners.
By Andrei Nedelea
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