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Nürburgring takeover: ADAC is considering buying the traditional track

Nürburgring Automotiv GmbH
Nürburgring takeover
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W ie several media, including the FAZ, on Monday ( 11/11/2013), the ADAC has submitted a non-binding offer for the purchase of the Nürburgring. Corresponding reports have now been confirmed by the second largest automobile club in the world. According to the FAZ, the focus of a purchase is the race track itself - but not other parts of the facility such as the 'Ringracer' roller coaster or the 'Boulevard' shopping mile.

ADAC focuses on the race track

Kay-Oliver Langendorff, press spokesman for ADAC Motorsport, confirmed this when asked by auto motor und sport . He emphasized that the non-binding offer first wanted access to all documents in order to then determine how to proceed.

As a possible purchase price - according to FAZ - well-informed experts name an amount based on expert opinions of around 100 million euros. Almost all of the money would flow to the state of Rhineland-Palatinate as the main creditor. That in turn would mean that even in the best case scenario, only a fraction of the roughly 400 million euros sunk tax money would be recovered.

Last year, Nürburgring GmbH filed for bankruptcy after the concept of a large adventure world failed was. The ADAC itself is closely associated with the Nürburgring as the organizer of the legendary 24-hour race on the Nordschleife.

In our picture gallery we show you the development of the Nürburgring, which was created in 1927.

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