Monday 18 March 2013

Nürburgring for sale, you can have if for 125 million Euros.


Every car enthusiast out there will know the Nürburgring Nordschleife as one of the main locations where auto manufacturers go and test their cars, but unfortunately it is also known for their deep financial problems. The company that manages the track has a debt of approximately 385 million Euros ($500.000.000 or £330.000.000).


So it is with no surprise that Jens Lieser, the state-appointed liquidator, recently revealed the track and all the infrastructures, including restaurants, hotels, amusement rides and everything else that belongs to the Nürburgring, were for sale.

The price? The whole thing costs a measly 125 million Euros ($162 million or £107 million). But if you want you can buy only parts of the Nürburgring, like the hotels, restaurants, museum, or anything else that is up for sale.

For now now there are about 5 to 10 buyers interested in the track, but this might mean the end for the famous race track. The new owners will, of course, want to make it profitable so they might make the track a more exclusive place, meaning many of the races that took place there will stop to exist, less time for tourist to race their cars there, and what else they can think of. We will have to wait and see.


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//PART 2