The Nürburgring racetrack, located in the Eifel hills in western Germany, has been reporting serious financial problems in the last year, culminating with their filing for bankruptcy in July of 2012. Now, exactly one year later, it remains without an owner, but that may soon change, if F1 boss Bernie Ecclestone decides that he wants to spend the $170 million (€130 million) required in order to buy it, says Die Welt.
For a powerful businessman like Ecclestone, the ‘Ring would be a worthwhile deal, as it reportedly makes $80/€62 million in income (not profit) every year, meaning that the investment could be amortized (theoretically) in just two years, if other costs are not taken into consideration (staff, maintenance, events etc.).
Still, none of this is certain, as he said that he is currently “thinking about it,” before making a final decision “in a few months.”
We hope that whoever ends up controlling it doesn’t change it too much, as it still represents one of Europe’s primary go-to places for those who like driving their own car as fast as they dare take them, and hopefully make it through its 154 turns and abrupt elevation changes in one piece.
By Andrei Nedelea
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