The government of the German state of Rhineland-Palatinate is set to make hundreds of million of euros available to the Nürburgring. This will guarantee that a loan be partially paid, making it possible for the Nürburgring to continue to operate.
After recent elections in Germany's Rhineland-Palatinate state, the ruling SPD party lost its absolute majority, while the green party tripled its vote. Apparently, that means the future of Formula One racing at the Nürbürgring could be in serious danger. Losing all that F1 business would be a huge blow to the storied raceway, making its current financial woes even deeper.