Archive for the ‘Save the Ring’ Category

Nürburgring sale: Expressions of interest now open

The Nürburgring – world’s leading motorsport resort The Nürburgring is the world’s leading motorsport resort and the main centre of attraction for motorsport enthusiasts worldwide. Close to 90 years of tradition and history have formed this motorsport icon with unsurpassed global brand recognition. The Nürburgring stands for world-class racing, amateur and junior racing events, as well [...]

Touristenfahrten protected under Nürburgring sale

In among the possible gloom of a forced sale of the Nürburgring, including the 20.8km Nordschleife, it appears the ability for the public to continue experiencing the ‘Green Hell’ will be protected, as this comment from Joe Saward states: One of the requirements of the sale is that the circuit must remain available for the [...]

“They can’t hide any more”

A quick update on the “Stop the sale of the Nürburgring!” rally which earlier this week took the fight to the politicians in Mainz, the Rhineland-Palatinate state capital. Once again we rely on Bridge to Gantry for reliable word, so make sure you follow the source link below for more. Speaking to Bridge to Gantry, [...]

The Nürburgring is for sale!

So much for hope. The Nürburgring is for sale. Everything. The failed NüroDisney complex, the Grand Prix track and, worst of all, the famed Nordschleife circuit. Full private ownership, with no government involvement, is imminent. And the locals are worried. Dale Lomas from Bridge To Gantry has complemented the sterling work done by Mike Frison [...]

Enthusiast Apparel release new STR t-shirt

Enthusiast Apparel make some pretty cool t-shirts for all the revheads out there. Recently added to their collection is this shirt supporting the Save the Ring movement. At US$22 it’s not going to break the bank, either. We suggest selecting another of their designs as well, in order to get the best value for your [...]

Nürburgring enters new era of hope

It’s been far too long since we checked in on the status of the Nürburgring while grave fears have been held over its future. Since our last update some fairly significant things have taken place, including some news from today that would appear to be very positive, but we’ll get to that shortly. Kurt Beck [...]

Would you like hookers with your embezzlement?

The Nürburgring debacle moves from the sublime to the ridiculous as further detail on the allegations against Ingolf Deubel, former finance minister in the Rhineland-Palatinate government, emerge. It’s been suggested that Deubel approved an expense fund with state money back in 2009 which was to be used for two consultants—one a former hotel director in [...]

The Nürburgring insolvency: Meet Ingolf Deubel

Following the official insolvency of the Nürburgring GmbH we have another name to put up in lights. That of former finance minister Ingolf Deubel (that’s him on the left, with Kai Richter). Deubel, along with five other managers, have just been charged with embezzlement by the Koblenz county court. After the break you can see [...]

New light shines on the Nürburgring

The Nürburgring’s medium term future has been secured thanks to a new €254 million loan from the German state of Rhineland-Palatinate. At a special meeting of the state legislature’s budget and finance committee Premier Kurt Beck accepted responsibility for his part in the Nürburgring’s problems, stating: “errors have been committed.” Beck is referring, in part, [...]

The Nürburgring: Where did it all go wrong?

The mood for Nürburgring fans has become decidedly gloomy of late as bankruptcy has descended upon the Green Hell. So how did it all go wrong? German broadcaster Deutsche Welle provides the background with their article “The Nürburgring—from prestige project to catastrophe”. Seeking to cash in on the Nürburgring’s growing appeal, NüroDisney brought promises of [...]

Bernie Ecclestone prepared to help Nürburgring

Amidst the general tales of woe and bankruptcy the chances of seeing the German Grand Prix return to the Nürburgring in 2013 have been given a boost thanks to an offer of assistance from Bernie Ecclestone. Eccelstone has agreed to waive the usual race sanction fee to ensure the Nürburgring is on the 2013 F1 [...]

Nürburgring GmbH one step closer to bankruptcy

Following this morning’s update we can confirm Nürburgring GmbH is one step closer bankruptcy. Speaking earlier today Kurt Beck, Rhineland-Palatinate State Premier, confirmed the European Commission’s refusal to provide a €13m rescue package has forced his hand. “With greatest probability, bankruptcy would be applied for, for the end of the month due to lack of liquidity,” [...]