The Nurburgring is officially for sale for a cool $165 million - Will Porsche buy it?

[Sticky]

Well the price tag for the Nurburgring, arguably the most famous circuit in the world today and used as a measuring stick for manufacturers, is up for sale for a price of $165 million. The track was announced as being bankrupt in August of last year. The EU (European Union) is simply not willing to pony up any funds with all their financial issues so somebody needs to step in or we lose the equivalent of automotive Mecca.

This sale includes the track, land, roller coaster, museum, arena complex, everything. It will take someone with a keen business sense to turn this around. It simply does not make money as it is and being government owned that is no surprise. Porsche would be the perfect suitor and has expressed some interest in the past.

Maybe some wealthy automotive enthusiast can step in and save it? There were even rumors of Bernie Ecclestone getting the mix (he was a no-show at the meeting) but let's hope somebody else steps in. Either way, the track is in trouble.

Source

[Eric335]

Jesus, no Someone needs to save this!

[Sticky]

Someone better...

[folgrz]

BMW should buy it then maybe they can actually make some more "Ultimate Driving Machines" rather than these "Efficient Dynamics" $#@!boxes that they keep pushing out

[Black Sheep]

wow that sucks. Hopefully somebody saves it...

[Tony@VargasTurboTech]

Someone will def buy it and save it. For some oil tycoon from the middle east who loves nothing more then dick swing, dropping 165 on it will be nothing just to say he owns it.

[Legionofboom]

Someone will def buy it and save it. For some oil tycoon from the middle east who loves nothing more then dick swing, dropping 165 on it will be nothing just to say he owns it.

I wish this was me.

[LZH]

This is probably the best thing that could possibly happen to the Ring. I'm sure under private ownership and management it will be run much better and be around for a long, long time. Just hope Bernie doesn't get involved or else it'll be a total fiasco.

[deemo319]

Somebody will buy it. They just better not fu*k it up.

[JRCART]

$165 million sounds like a bargain, I bet the liability insurance in the real kicker.

[LZH]

$165 million sounds like a bargain, I bet the liability insurance in the real kicker.

Ding ding ding. But when everyone on the track signs a release of liability it carries much more weight in Germany than it does in the US. In Germany, you would never even be allowed to file suit if you previously signed a release of liability. Their legal system hasn't gotten $#@!ed like ours has.

[Eric335]

Ding ding ding. But when everyone on the track signs a release of liability it carries much more weight in Germany than it does in the US. In Germany, you would never even be allowed to file suit if you previously signed a release of liability. Their legal system hasn't gotten $#@!ed like ours has.

Intersting, didnt think of the liability insurance.


Now that i think about it, 165m really isnt that much money for what it is.

@Sticky should buy it

[neilvosko]

yeah, but is going to take them 165 years to make up 165 mil in profit

[Sticky]

Ding ding ding. But when everyone on the track signs a release of liability it carries much more weight in Germany than it does in the US. In Germany, you would never even be allowed to file suit if you previously signed a release of liability. Their legal system hasn't gotten $#@!ed like ours has.

Sounds to me like exactly how it should be.

[Sticky]

Intersting, didnt think of the liability insurance.


Now that i think about it, 165m really isnt that much money for what it is.

@Sticky should buy it

I'll give them a check as long as they don't cash it.

[Sticky]

yeah, but is going to take them 165 years to make up 165 mil in profit

I think it could be made profitable especially for that sum. First thing I would do is increase the cost to run on the damn thing in the first place.

Then get the infrastructure already there up and actually running. They have hotels, amusement parks, etc., all that crap is not even being utilized after a 500+ million dollar investment by the state.

Scooping this up isn't a bad idea.

[Legionofboom]

I think it could be made profitable especially for that sum. First thing I would do is increase the cost to run on the damn thing in the first place.

Then get the infrastructure already there up and actually running. They have hotels, amusement parks, etc., all that crap is not even being utilized after a 500+ million dollar investment by the state.

Scooping this up isn't a bad idea.

Do it sticky, f*** florida, all Germany.

[Sticky]

Do it sticky, f*** florida, all Germany.

I just made a paypal deposit let me see if my balance is $165 million.