View Full Version : Nurburgring in trouble
DieHardGunner
18th July 2012, 11:21
Also spells trouble for a German F1 GP if your into that
http://www1.skysports.com/formula-1/news/12433/7909246/-Nurburgring-on-the-brink-
MuZiZZle
18th July 2012, 11:22
argh!!!!
craig180
18th July 2012, 11:30
Interesting!
I've no idea how EU agreements can be forced, or whether there was some form of "get out clause" for the previous government, but that is pretty poor.
There were plans to sell out and privatise the track a few years ago but that never got under way so will be interesting to see if they get a buyer or an investor to take the burden
Pretty sure the current Gov will inject a stake as Gerrmany needs the F1 each year to help it's economy. Can't see them wanting to lose that
BertieG
18th July 2012, 11:55
Interesting!
I've no idea how EU agreements can be forced, or whether there was some form of "get out clause" for the previous government, but that is pretty poor.
There were plans to sell out and privatise the track a few years ago but that never got under way so will be interesting to see if they get a buyer or an investor to take the burden
Pretty sure the current Gov will inject a stake as Gerrmany needs the F1 each year to help it's economy. Can't see them wanting to lose that
surely it would just go to hockenheim instead?
craig180
18th July 2012, 12:05
surely it would just go to hockenheim instead?
Hokenheim say they can't afford to host it every year. Not sure what the cost implications are, or whether hosting goes out to tender or the highest bidder
Ryan
18th July 2012, 12:07
They fucked up when they tried to create 'nurodisney' IMO.
They invested money into trying to make it a family destination when really its not and never going to be one.
At the price of a lap (and the over inflated prices if you crash) I fail to see how the track isn't profitable, I guess heavy interest payments to the bank on the outstanding loans are not helping.
Its sad to see it in trouble, even if it is massively over hyped by alot of people.
blackie_2k5
18th July 2012, 12:08
It's been said before but I'll say it again
If the ring goes Germany's e onomy will be fucked.. The amount of revenue and trade that place brings per year must be astounding.. And form a large portion of their annual business
AlexB
18th July 2012, 13:26
quite a lot can be found here
http://mikefrison.com/1666
nurodisney was a shit idea
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