The highly revered automotive playground is seeing its days numbered, Yes we’re talking about the Nurburgring which is sadly at high risk without any sight of the EU jumping in to help bail it out. Rich in racing heritage yet after 85 years (since 1927) of automotive history having graced its tarmac, it’s almost considered a pauper today.
The ‘Green Hell’ or the ‘Ring’ as many have come to call it has been synonymous with motoring legends of current and late, having helped many of today’s well known marquees bring to you fantastic driving machines after having been blessed with the fires of the ‘Green Hell’.
After Kai Righter and Jörg Lindner took possession of the ‘Ring’ and added a rather large theme park, a new roller coaster ride, a 3,000 seat event-arena, a shopping mall and a huge hotel with an oversupply of rooms; they ran out of cash. The non-motorsports oriented duo had initially promised private financing which sadly never materialised.
That’s not all, it seems all is not transparent, with much political involvement that runs so deep you could call it a conspiracy with claimed visitor numbers that go as high as 2 million per annum. However, the truth always seems to find its way out with actual figures running around under 400,000 per annum instead.
The only way now is that the ‘Ring’ gets a 13 million Euro life-line, but it all seems rather bleak for the moment since the EU doesn’t want anything to do with it after pumping in well over half a billion Euros over the last two years thanks to those ‘wise-guys’. Either way, the risk of the ‘Ring’ possibly vanishing just like that in a puff of exhaust looms ever closer, at least till the end of this year that is.
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| The Following 3 Users Liked Jay For This Useful Post: |
 07-19-2012, 09:15 PM |
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3000bhp Senior
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 Re: The Nurburgring Days are Numbered!i almost cried when i heard the news that nurb. going to fold down…..
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| The Following User Likes xMika For This Useful Post: |
JosephWong97122 (07-20-2012)
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| 07-19-2012, 09:25 PM |
#4 |
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100bhp Junior
Join Date: Mar 2009
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Re: The Nurburgring Days are Numbered! FxxK, i still not been there yet.
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| 07-20-2012, 09:18 AM |
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Senior Member
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Re: The Nurburgring Days are Numbered! this is a GOOD news, if u read James May News
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| The Following User Likes drMpower For This Useful Post: |
xMika (07-20-2012)
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| 07-20-2012, 12:10 PM |
#11 |
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Senior Member
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Re: The Nurburgring Days are Numbered! |
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^pomen_GTR^ (07-20-2012)
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| 07-20-2012, 05:04 PM |
#14 |
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100bhp Junior
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Re: The Nurburgring Days are Numbered! EU having debt contagion all over the place, Spanish bond yield currently above 7%, and Germany still currently questioning the legality of its participation in ESM will took them 2 months to finalize their decision, apparently, some German lawmakers, academics, and political groups have a couple of objections to Germany’s role in the ESM fund. Since EFSF has only left 240billions EUR untill September before the ESM launch, tight austerity is only way for them to last the remaining 240billions untill september.
Last edited by alwjmonster; 07-20-2012 at 05:07 PM. |
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| The Following 3 Users Liked Jay For This Useful Post: |
| 07-21-2012, 05:39 AM |
#16 |
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Senior Member
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Re: The Nurburgring Days are Numbered! Sad news
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| 07-22-2012, 10:50 PM |
#17 |
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Senior Member
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Re: The Nurburgring Days are Numbered! Please save the track of nurburgring~
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darkness3299 (07-23-2012)
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