Nürburgring Bankrupt: What’s Happening at the Nordschleife The Nürburgring, the world’s most famous racetrack, is bankrupt—85 years after its opening. The track has seen its ups and downs throughout history; in 1976, the last Formula 1 race took place on the fantastic and mysterious Nordschleife (northern loop). In 1984, the new, smaller, television-friendly, and much safer Grand Prix course was opened. The Nordschleife continues to be used for long-distance and historic races, it is hired out to carmakers that conduct testing there, and private drivers can buy laps and use it to their hearts’ content. The downfall began in 2004, when grandiose plans to build an entertainment park on the Nürburgring’s premises took shape. Viewed by purists as blasphemy, the plot was supported by Rhineland-Palatia’s Social Democrat government. Shady investors promised to pump funds into the project, but the money never came in. But so far, the state government has invested more than €500 million (more than $610 million) in the complex—a spending spree the European Union now wants to put to an end. Without the government subsidies, the Nürburgring can’t pay the hundreds of millions owed to the banks.
Ahhh reading on another site Nürburgring forced into bankruptcy - Autoweek So seesm more the circuit then the road circuit
The GP circuit and Nordschleife will be ok. The Nordschleife is a big money maker. The problem is the amusement complex including and multimillion euro rollercoaster which has never worked.
my bet is they will split up the assets and sell off individually to pay the debt off, someone will buy the Nordschleife but finance it to the hilt to do so, it'll run for 5 years at a loss due to the repayments then it will go full circle again! but who cares, as long as it remains open...
it does, my plan is pretty simple. me a mate or 3 on bikes, we intended to do this for a week. ride over the chunnel. Book a hotel there for 6 night. 2-3 days on and off the track, and find some other roads around the area on other days and have the base at the hotel near the circuit
Look at a place called cochem... Bout half our quality ride to the ring, but much more scenic and more to do as a place to stay, lovely old town on the river and you can head along the river and south towards the black forest...
Going next Friday 27th , Three days Black Forest , two days in Austria Innsbruck to do the Silverrta pass , then heading up to the Nurburg Ring , two days there , then on the Sat heading back to Zeebrugge to get the ferry back to Blighty
Hope you ole boys enjoy your time at the ring, did it as a long weekend last year - scared the shit out of me, them cars are bloody fast. The surrounding roads are brilliant, good job to because track closures take a long time.
I have a mate who lives right next to the Ring. Like literally his house is about 200 metres away from that corner in that picture. He's instructed me that if I ever come to visit him on my bike he'll take my keys off me and stop me from riding the ring
If you want a decent place to stay next to the track, try Hotel an der Nordschleiffe, owned by Eddie. It is next to the track at Adenau, very bike friendly. A good road is down to Koblenz, & a good afternoon out, as long as its not pissing down. Just try not to hold up the cars in the bends & keep an eye on whats behind.
You know it makes sense. Two Kawasakis came steaming past me, two corners later BMW car in the armco on the left and both bikes in bits up the right hand bank, they left on the back of a wrecker. Shut the track for ages, not good.