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The world's most famous racetrack and home to Germany's F1 circuit (alternating with Hockenheim), the Nürburgring, has fallen into insolvency as the state-owned firm that owns it cannot pay its bills.
- Nürburgring Ceo Officially Confirms Speed Limits And Ban On Record Laps
We just contacted the company that owns and runs the Nürburgring racetrack, with the CEO confirming the news we told you about earlier today concerning the ban on lap records due to speed limit restrictions. Read more »...
- Bernie Ecclestone Might Buy Financially Troubled Nürburgring Circuit
The Nürburgring racetrack, located in the Eifel hills in western Germany, has been reporting serious financial problems in the last year, culminating with their filing for bankruptcy in July of 2012. Now, exactly one year later, it remains without...
- Nürburgring Racetrack Going Under The Hammer For Around $170 Million
The Nürburgring has seen better days, financially-speaking, that is. After having gone under bankruptcy protection in July of 2012, the renowned racetrack is now set to find a new owner who is to take over from the current patrons, the German government....
- Infographic: The Nürburgring Race Track By The Numbers
The big daddy of all racing circuits, the famed Nürburgring in Germany, is a must for all auto enthusiasts. It comprises of two racetracks, the modern Grand Prix Circuit built in 1984, and much longer old Northern loop (Nordschleife) which was nicknamed...
- Eu Approves €143 Million Romanian Government Aid To Ford
The European Commission has given its consent to the Romanian government to grant Ford €143 million (approx $226 million) for the production of vehicles and engines in Craiova, in the South West of Romania. Ford’s total investment costs in...
Cars
Nürburgring Racetrack Files for Bankruptcy
The world's most famous racetrack and home to Germany's F1 circuit (alternating with Hockenheim), the Nürburgring, has fallen into insolvency as the state-owned firm that owns it cannot pay its bills.
The German state of Rhineland-Palatinate, which owns 90 percent of Nürburgring GmbH, said it was forced to file for bankruptcy after the European Commission refused to grant it the right to pump another €13 million (US$16 million) into the project, which would have allowed the circuit to survive six more months.
Read more »- Nürburgring Ceo Officially Confirms Speed Limits And Ban On Record Laps
We just contacted the company that owns and runs the Nürburgring racetrack, with the CEO confirming the news we told you about earlier today concerning the ban on lap records due to speed limit restrictions. Read more »...
- Bernie Ecclestone Might Buy Financially Troubled Nürburgring Circuit
The Nürburgring racetrack, located in the Eifel hills in western Germany, has been reporting serious financial problems in the last year, culminating with their filing for bankruptcy in July of 2012. Now, exactly one year later, it remains without...
- Nürburgring Racetrack Going Under The Hammer For Around $170 Million
The Nürburgring has seen better days, financially-speaking, that is. After having gone under bankruptcy protection in July of 2012, the renowned racetrack is now set to find a new owner who is to take over from the current patrons, the German government....
- Infographic: The Nürburgring Race Track By The Numbers
The big daddy of all racing circuits, the famed Nürburgring in Germany, is a must for all auto enthusiasts. It comprises of two racetracks, the modern Grand Prix Circuit built in 1984, and much longer old Northern loop (Nordschleife) which was nicknamed...
- Eu Approves €143 Million Romanian Government Aid To Ford
The European Commission has given its consent to the Romanian government to grant Ford €143 million (approx $226 million) for the production of vehicles and engines in Craiova, in the South West of Romania. Ford’s total investment costs in...