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Nürburgring Bust!

Posted: Thu Jul 19, 2012 6:36 pm
by Kermit

The future of the famous Nürburgring precinct in Germany is uncertain, with a much-needed government bailout being refused this week.

A €13 million (AU$15.5 million) German government grant was disallowed by the European Commission, deeming the grant 'illegal state aid' for Nürburgring GmbH, who currently manages the precinct’s operations.

Nürburgring GmbH is a publicly-owned holdings company formed after the contract with previous operator, the privately-owned Nürburgring Automotive GmbH (NAG), was terminated earlier this year.
http://www.themotorreport.com.au/54619/ ... rns-worsen

This is no good, its on the bucket list!

Re: Nürburgring Bust!

Posted: Thu Jul 19, 2012 7:19 pm
by EDU
With the amount of manufacturers testing all kinds of vehicles there, plus racing, plus ppl driving it at every opportunity they get, plus marketing events and etc... and they still went under! You'd have to question the administrators' skills.

Ppl spend a lot more $ per km there than any other piece of public road I can think of (with or without tolls).

I've heard so many ppl who drove there complaining about the line of cars waiting to get in and whatnot...

Re: Nürburgring Bust!

Posted: Thu Jul 19, 2012 9:34 pm
by aardvark
blackster wrote:This is no good, its on the bucket list!
Nah mate, doesn't matter. Already crossed it off the list. :)

Yes, I'm still living in the past.

Re: Nürburgring Bust!

Posted: Fri Jul 20, 2012 2:50 pm
by Johnnie5
aardvark wrote:
blackster wrote:This is no good, its on the bucket list!
Nah mate, doesn't matter. Already crossed it off the list. :)

Yes, I'm still living in the past.
me too , althhough it rained when i went there :x

but was still great :kuda:

Re: Nürburgring Bust!

Posted: Sat Jul 21, 2012 9:29 am
by aardvark
Johnnie5 wrote:
aardvark wrote:
blackster wrote:This is no good, its on the bucket list!
Nah mate, doesn't matter. Already crossed it off the list. :)

Yes, I'm still living in the past.
me too , althhough it rained when i went there :x

but was still great :kuda:
Ahhhhh, you poor bugger. I did 2 1/2 days there, with the track closed to other vehicles in beautiful sunshine.

Re: Nürburgring Bust!

Posted: Sat Jul 21, 2012 6:34 pm
by dickfaber
blackster wrote:

The future of the famous Nürburgring precinct in Germany is uncertain, with a much-needed government bailout being refused this week.

A €13 million (AU$15.5 million) German government grant was disallowed by the European Commission, deeming the grant 'illegal state aid' for Nürburgring GmbH, who currently manages the precinct’s operations.

Nürburgring GmbH is a publicly-owned holdings company formed after the contract with previous operator, the privately-owned Nürburgring Automotive GmbH (NAG), was terminated earlier this year.
http://www.themotorreport.com.au/54619/ ... rns-worsen

This is no good, its on the bucket list!
hang the fuck on, this is the same mob pouring billions of money into banks in ireland, spain, portugal, italy, greece, britian etc
how can that be all ok, and some help for a proven money earner a problem


jesus, something is truely rotten at the core of this!