Nürburgring For Sale – Only £100 Million!

If you've always dreamed of riding your bike around a circuit of the famed Nürburgring race track, why not go one step better and buy it!

If you've always dreamed of riding your bike around a circuit of the famed Nürburgring race track, why not go one step better and buy it!

Last year the state-owned company who owned the Nürburgring went bankrupt. A proposed rescue plan to the European Commission of €13-million was refused by the European competition authorities.  

With such an historic circuit that has seen the world’s most famous racing drivers and motorcycle riders since 1927 when it opened, you would be right to think why?  Apparently money has not been spent wisely, with the much talked about roller coaster which was delayed due to being deemed unsafe and a large shopping centre and leisure complex which has also fallen short.  

Whilst events continued as normal throughout 2012/13, Ernst & Young valued the assets at €126-million but the firm was €413-million in debt last year.

Earlier this year, the news of the long anticipated sale of the Nürburgring was received as the administrator for the bankrupt circuit began to consider offers for the 937 acre site, including hotels, the original Nordschleife circuit and the shorter ‘new’ Nurburgring track.

With a price tag of at least €120 million (£100 million), the Nürburgring could be sold piece by piece or as a complete package.  It is hoped that this famed track will be kept open to the public when it is sold, although there are concerns and enthusiasts have set up ‘Save the Ring’ campaign, along with protest parades.

Don’t worry though as these things take time (and £100 million or thereabouts) so we will still be able to enjoy Grand Prix in July and World Superbikes when they take to the Nürburgring circuit from 30 August to 1 September 2013. 

As for the new owners, we’ll just have to wait and see who buys one of the most famous racetracks in the world!