For
many, the thought of the famous German race track – the Nurburgring closing its
gates sends a horrible quiver of fear up the spine. For years the best automotive
engineers in the world have sought refuge from the confinement of their desks
and laptops, to see their creations in action, to see how they would stand up
toward the legendary 14 mile long race track. The Nurburgring is home to many a car makers,
of which the likes include, Ford, GM, BMW, Mercedes, Jaguar, Aston Martin, and the
VW group, the list is endless, they all bring their latest creations to see how
they will fare against the Green Hell.
However,
this could soon all come to an end, along with a number of historic race events
held at the Nurburgring each year.
The
Nurburgring has been under financial stress for quite some time now and today
confirmed that its call for help from the European Commission was unlikely to
be answered in the short term. This cry for help has come as a result of the
group who manage the Nurburgring being 413 million euros in debt according to
German newspaper Rhein Zeitung. They also noted that the state premier
Rhineland Palatinate said “With greatest probability, bankruptcy would be
applied for at the end of the month due to a lack of liquidity”
Things
are looking bleak for the ‘Ring whose future is unclear, this is decidedly
terrible news for any car fan.
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