Bernie Ecclestone was apparently quite serious when he said he would "do everything" to save the troubled Nürburgring. In fact, according to a new report from Bloomberg Businessweek, the megalomaniacal Formula One boss might just buy the track outright. That'd certainly be a quick answer to the 'Ring's financial troubles.

That said, Bloomberg reports that Ecclestone has no plans to organize a Formula One race on the Nürburgring at his own expense. Furthermore, Ecclestone has declined to comment on pricing or conditions for the alleged agreement.

The Nürburgring's severe debt crisis is hardly news – the legendary track has been going through hard times for a while now, despite efforts to boost revenue by building a roller coaster and shopping mall on the premises. The European Union has refused to bail out the ailing track, as well, specifically because it has bigger fish to fry at the moment (you know, like the declining economies of many of its countries).

A timetable for a potential sale of the Nürburgring to Ecclestone has not been disclosed.


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  • 24 Comments
      Hazdaz
      • 2 Years Ago
      "...despite efforts to boost revenue by building a roller coaster and shopping mall on the premises" From my understanding, much of the 'Ring's financial woes are not despite the roller coaster and mall, but BECAUSE of them. Maybe some German folks can pipe up, but that seems to be the general sentiment.
        Pdexter
        • 2 Years Ago
        @Hazdaz
        I remember reading about major redevelopments around the ring so it might indeed be the reason for this. Though what i have understood that dept has been piling up for much over decade? Maybe recently Nürburgring holders got a bit too deep on the hype surrounding the rack, but i would be interested to know why hasn't it been able to brake even in these years. It's huge track, like no other, but you would think renting and every day races would be able to cover the costs.
          The_Mell
          • 2 Years Ago
          @Pdexter
          The idea behind Nürburgring was to help an economically underdelevepoed region - back in 1925 and in this century. In Mainz our beloved political elite of Rhineland-Palatinate (note: might contain sarcasm) started a quest to do so. Knowing they could'nt do on their own, they started looking for investors and things went bogus... Fast forward a few years and you opened a local newspaper in our state only to have a 5 out of 6 (per week) chance to read something about the so called Ring Affair. By that time (2-3years ago) politicians were accusing each other of failing while not being able to see what bullshit was happening at the Ring. The investor that finally had took the task was -of course- only interested in his own money making. For example: track ticket price increased by 20€ including a 20€ bon for his restaurant. What a benefit for the region if you create some low budget jobs at a new built hotel funded with subventions... It was the typically 'we want it to work so it must work' - but you cannot ride a dead horse whatever you feed it. The whole concept was too big on the one hand and too 'monopolistic' on the other hand.
      Autothoughts
      • 2 Years Ago
      You have to wonder if an auto manufacturer would step up to buy it. They would own the best testing facility that every one of their competitors covets to use. Or, maybe a few of them can throw some funds together into a new joint venture and buy it.
        mrfox
        • 2 Years Ago
        @Autothoughts
        The idea of a joint venture is a good one. The only problem with that is that we all run the risk that the track may become private.
      • 2 Years Ago
      [blocked]
      mrfox
      • 2 Years Ago
      I generally do not care very much for this guy... but after reading this, I have some new respect. Anyone that cares about this track is a car guy, no two ways about it. If he is willing to throw his cash out to save it, then he is good in my book. You have to wonder though.. Germany is one of the few countries in Europe that is not broke, and considering that their major export is automobiles, many of which are tested rigorously on the ring, that the government would care a little more about the well being of this sacred place. Just a thought...
        rtkewley
        • 2 Years Ago
        @mrfox
        Bernie does nothing - NOTHING - that doesn't have a) an ulterior motive and b) more money for him as its' ultimate goal.
          Bobby_Sards
          • 2 Years Ago
          @rtkewley
          haha you say it like its a bad thing, i guess you're not a business man
        The Wasp
        • 2 Years Ago
        @mrfox
        I don't know much about the guy but I have the same thought at rtkewley -- maybe he just thinks he can run the track differently and make money. It's very common for people to buy businesses that are struggling because they think (sometimes correctly) that new management can turn it around. I guess it doesn't really matter but I'll more easily give him credit as an opportunistic businessman (I don't mean that as a bad thing) than as a passionate gearhead who can't stand to see the track suffer.
      • 2 Years Ago
      [blocked]
        Bobby_Sards
        • 2 Years Ago
        thats why you is broke *****
        m
        • 2 Years Ago
        I would buy it too... this track, of all the track does not deserve to die this way... this track should be the last one standing ... this is a service to all car lovers... Whoever can save the Ring will be regarded as the Moses of Petrol heads!
      GasMan
      • 2 Years Ago
      If anyone could figure out a way to make $$$ on the Nurburgring, it would be Bernie. Of course the public access might go away or the lap toll might go up to $1000! You know he will be jacking Mercedes to sign the Concorde Agreement or no more Ring testing!!
      JR
      • 2 Years Ago
      Hard to believe none of the manufactures have stepped up,they sure get a lot of PR mileage out of it. They should all get together and put some sort of consortium together. NRING...Nurburg Racing,Industry and Nordschleife Group.
      flammablewater
      • 2 Years Ago
      Maybe he just doesn't want everyone to think he's a giant ahole, so he's doing the car nuts of the world a favour. Maybe he's secretly a nice guy. Maybe.
      AngeloD
      • 2 Years Ago
      Nurburgring: soon to be a giant Nazi / BDSM theme park. LOL. I'd buy that for a dollar!
      Justin B.
      • 2 Years Ago
      Better than letting it crumble.
      Mark Skerritt
      • 2 Years Ago
      Bring back the Nordschleife F1 Race!!!
      Shahul X
      • 2 Years Ago
      I'm glad someone is stepping up.. I'd buy it if I could :)
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