- 426
- Texas
- Exitist_8
Save the Ring
- Thread starter speedthrill
- 128 comments
- 21,378 views
- 24,640
- Anoka, MN
I really don't think a bunch of people that can't even cope with the fact Forza exists would be ideal suitors for race track ownership.
What the ring needs is business people, people that know how to make a profit.
- 426
- Texas
- Exitist_8
Hahaha ok ok let's be literal about everything. Tough crowd here, maybe y'all could actually be shrewd business people 
- 15,532
- Cairo, Egypt
- GTP_SEMS
- 2,969
- Geneva
- Kimky
- Kimky
Well then you hired people to run/manage it, you make an economical plan and see how it goes, usually it's like that that big firm are made. It would be possible probably but would need a lot of management and free time to see if it could be real.
Tired Tyres
Premium
- 12,603
- West Yorkshire
- Tired_Tyres
- Tired Tyres
The track is not a financial issue, it runs at a profit. The locals can run it no problem.
It's the truly stupid loan to develop all the side show rubbish that was the problem.
^^ A Kickstarter with a least a million people and you'd be talking.
It's the truly stupid loan to develop all the side show rubbish that was the problem.
^^ A Kickstarter with a least a million people and you'd be talking.
- 7,436
- Canada
- photonrider
The amount they're asking is really a drop in the bucket for big investors. Even a medium sized corporation rakes in twice that in a year, and is nothing to giants such as Buffet or Gates - pocket money.
What remains to be seen is who will pick up the tab and what they will do to the Ring.
As Justin notes, it's a matter of profit.
VAG, for instance, could easily swallow it up as their private testing ground.
Guess only time will tell . . . hope it doesn't fall into the wrong hands and the sheer mystique of the Ring gets destroyed; I would think that it is beloved by most racers and drivers all over the world.
What remains to be seen is who will pick up the tab and what they will do to the Ring.
As Justin notes, it's a matter of profit.
VAG, for instance, could easily swallow it up as their private testing ground.
Guess only time will tell . . . hope it doesn't fall into the wrong hands and the sheer mystique of the Ring gets destroyed; I would think that it is beloved by most racers and drivers all over the world.
freshseth83
(Banned)
- 8,246
- freshseth83
Since there isn't a thread on the VLN races, I guess I'll post here-
Tomorrow (tonight for those in the U.S.) the '1st round' begins- qualifying is at 8:30 am local time (2:30 am eastern). http://vln.de/rennen.gb.php. Here's a PDF for the entry list http://vln.de/includes/download.php?file=../ergebnisse/2013-04-13s.pdf
Tomorrow (tonight for those in the U.S.) the '1st round' begins- qualifying is at 8:30 am local time (2:30 am eastern). http://vln.de/rennen.gb.php. Here's a PDF for the entry list http://vln.de/includes/download.php?file=../ergebnisse/2013-04-13s.pdf
Ibonibo
Premium
- 5,440
- Luxemburg
- Already paying my Isp 4 Access
UPDATE:
As it seems the german AAA is planning on buying it (ADAC).
This would be the best outcome possible.
link in german:
http://www.swr.de/landesschau-aktue...r-12/nid=1682/did=11636208/1j58yr2/index.html
As it seems the german AAA is planning on buying it (ADAC).
This would be the best outcome possible.
link in german:
http://www.swr.de/landesschau-aktue...r-12/nid=1682/did=11636208/1j58yr2/index.html
- 3,915
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- gdwest1
👍 Boy I'm going to be tired that week
Tired Tyres
Premium
- 12,603
- West Yorkshire
- Tired_Tyres
- Tired Tyres
One week apart! It took me two days to recover from Le Mans this year. This will either be epic or horrible. I'm looking forward to it!
- 2,176
- United Kingdom
I'm sat here trying to convince the wife a double race road trip is a once in a life time opportunity, she's having none of it though
- 21,261
- United States
It's not completely official yet, but this should be good news.
http://www.autoblog.com/2013/11/13/german-adac-club-buys-nurburgring/
http://www.autoblog.com/2013/11/13/german-adac-club-buys-nurburgring/
- 21,261
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It's finally been sold to an American Investor group, H.I.G. Capital.
http://www.roadandtrack.com/go/news/nurburgring-sold-to-american-investors
http://www.roadandtrack.com/go/news/nurburgring-sold-to-american-investors
- 35,478
- Addison,Texas
- GTP_RACECAR
Not sure what to think. On one hand, I'm glad its no longer a question of whether anyone even has money to keep it going, but I'm also nervous about what "A group of American Investors" will do to it as I usually never associate that with good intentions.
- 897
- NRW
- Third_Reign
This is the worst news of them all. An investment firm, where ever they may be from, certainly does not carry the heart of motorsport. Their only goal is profit. They already created numerous small firms with bank accounts in Luxembourg. According to Christian Menzel's Facebook they are also set to receive financial support from the local state government.
What I find outrageous is that they decided to sell the ring for a measly 10 million euros more than the ADAC would have payed. The ADAC does care for the motorsport heritage of the Ring. These 10mil will be instantly soaked up in financial aids to the newly registered firms and support for the now doomed local economy. There is no way the local economy can survive if the main attraction in the region is ruled by an investment firm only out for profit at all cost. The bankruptcy consultants dug a pretty big hole which can easily become the grave for the Ahrweiler region.
What I find outrageous is that they decided to sell the ring for a measly 10 million euros more than the ADAC would have payed. The ADAC does care for the motorsport heritage of the Ring. These 10mil will be instantly soaked up in financial aids to the newly registered firms and support for the now doomed local economy. There is no way the local economy can survive if the main attraction in the region is ruled by an investment firm only out for profit at all cost. The bankruptcy consultants dug a pretty big hole which can easily become the grave for the Ahrweiler region.
mister dog
(Banned)
- 8,396
- Spain
- misterdog
- misterdog7
Hear hear, the company I work for is also owned by an investment firm, and I can only confirm what you are saying.
- 3,261
- Limburg
- poolhaas / GTP_poolhaas
Some reactions are negative: http://jalopnik.com/ten-reasons-why...source=jalopnik_twitter&utm_medium=socialflow
Some are positive: http://www.pistonheads.com/news/default.asp?storyId=29584
We'll see how things play out, I for one am not seeing a worst case scenario just yet.
Some are positive: http://www.pistonheads.com/news/default.asp?storyId=29584
We'll see how things play out, I for one am not seeing a worst case scenario just yet.
- 2,143
- The Track
- youngun_great
If they change to much, prices, facilities, entrances and even track itself. Thats a bad move finacially and they would see that. They are buying a track nkt a company, so need to be bright minded.
Raising prices = Alot less people go = cut maintance
Cut facilities = people don't travel as far = Raise prices
Change the track = its no long Nurburg, the artwork and design is the watermark = the recognition is lost
Changing the outskirts = would mean more money needs investing = raise prices to recope money
Raising prices = Alot less people go = cut maintance
Cut facilities = people don't travel as far = Raise prices
Change the track = its no long Nurburg, the artwork and design is the watermark = the recognition is lost
Changing the outskirts = would mean more money needs investing = raise prices to recope money
- 21,261
- United States
Turns out the American's didn't buy the Nurburgring.
Capricorn did.
http://jalopnik.com/breaking-german-supplier-capricorn-has-bought-the-nurb-1541406643?
Capricorn did.
http://jalopnik.com/breaking-german-supplier-capricorn-has-bought-the-nurb-1541406643?
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