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Nurburgring track to file for bankruptcy
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07-18-2012, 08:26 PM
(This post was last modified: 07-18-2012 08:28 PM by car fanatics.)
 Post: #1 |
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Nurburgring track to file for bankruptcy
Source
Photo credit: The photographs are copyrighted by Sean Klingelhoefer July 18, 2012 By: CF Staff ![[Image: 7600987890_64b475e30f_b.jpg]](http://farm8.staticflickr.com/7125/7600987890_64b475e30f_b.jpg) The German state of Rhineland-Palatinate said today that the owner of the Nurburgring race track will be filing for bankruptcy. The blame for the move goes to the European Commission, which apparently took too long to approve a rescue package. The Nurburgring is 90 percent owned by the state and recently fell into financial trouble due to a dispute with the track’s operator over leasing fees. While Rhineland-Palatinate tried to restructure the company with the help of a bridge financing package, at the end of last week, the Commission indicated a not so positive reaction on the application for aid. Of course, as any auto enthusiast knows the track is used by many automakers to test cars. ![[Image: 7600987322_504fda113b_b.jpg]](http://farm9.staticflickr.com/8422/7600987322_504fda113b_b.jpg) ![[Image: 7600987500_328f061a82_b.jpg]](http://farm8.staticflickr.com/7131/7600987500_328f061a82_b.jpg) ![[Image: 7600987116_8b677f4526_b.jpg]](http://farm9.staticflickr.com/8155/7600987116_8b677f4526_b.jpg) ![[Image: 7600987660_d5debdc79a_b.jpg]](http://farm9.staticflickr.com/8294/7600987660_d5debdc79a_b.jpg)
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07-18-2012, 08:30 PM
(This post was last modified: 07-18-2012 08:30 PM by McLovin.)
Post: #2 |
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RE: Nurburgring track to file for bankruptcy
Oh darn, I was thinking about shipping my car over there, at great cost, to see how it does.
You know, bragging rights and all. 
======= Call it the Lincoln Apology Momentum and Employee Appreciation Sale Spectacular. Or, just....ummmm.....LAMEASS |
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07-18-2012, 08:34 PM
Post: #3 |
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RE: Nurburgring track to file for bankruptcy
Car manufactures are using this track more now than ever. How the hell can they go bankrupt?!
"Don't be jealous, be inspired"-CTS-Vluvr Follow @nell_tarantino |
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07-18-2012, 08:37 PM
Post: #4 |
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RE: Nurburgring track to file for bankruptcy
nell_z;219471 Wrote:Car manufactures are using this track more now than ever. How the hell can they go bankrupt?! ![[Image: Panorama_N%C3%BCrburgring_Haupteingang_2010.jpg]](http://upload.wikimedia.org/wikipedia/commons/4/4c/Panorama_N%C3%BCrburgring_Haupteingang_2010.jpg) That's why. ![[Image: PAFCL_v4_slices_1024x1024.png?2206]](http://cdn.shopify.com/s/files/1/0166/4148/products/PAFCL_v4_slices_1024x1024.png?2206) |
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07-18-2012, 08:46 PM
Post: #5 |
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RE: Nurburgring track to file for bankruptcy
..........................................
"Don't be jealous, be inspired"-CTS-Vluvr Follow @nell_tarantino |
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07-18-2012, 08:53 PM
Post: #6 |
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RE: Nurburgring track to file for bankruptcy
They will still be able to use it, its not like the bank is gonna come dig it all up
![[Image: Capture_Main.jpg]](http://i739.photobucket.com/albums/xx36/alux23/New%20Pics/Capture_Main.jpg) NOT THE GOAL BUT THE GAME, NOT THE VICTORY BUT THE ACTION, IN THE DEED THE GLORY
99 Grand Cherokee-04 Neon SXT
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07-18-2012, 08:54 PM
Post: #7 |
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RE: Nurburgring track to file for bankruptcy
Because there are other tracks that give you 95% of the track variations, around the world, that work just fine.
======= Call it the Lincoln Apology Momentum and Employee Appreciation Sale Spectacular. Or, just....ummmm.....LAMEASS |
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07-18-2012, 09:08 PM
Post: #8 |
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RE: Nurburgring track to file for bankruptcy
A lot of it has to do with the theme park that spent a fortune on that no one goes to. I think automakers will probably pool together and buy it out.
I love pussy, I love bitches, dude I should be runnin' PETA. I am a follower of the Kobe System. ![[Image: rotarykingsig.jpg]](http://i523.photobucket.com/albums/w351/mgl_995/rotarykingsig.jpg)
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07-18-2012, 09:16 PM
(This post was last modified: 07-18-2012 09:17 PM by Gixser995.)
Post: #9 |
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RE: Nurburgring track to file for bankruptcy
RotaryKing aka Rev;219483 Wrote:A lot of it has to do with the theme park that spent a fortune on that no one goes to. I think automakers will probably pool together and buy it out. That's a possibility. I doubt it'll just end up forgotten. |
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07-18-2012, 10:20 PM
Post: #10 |
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RE: Nurburgring track to file for bankruptcy
Nooooo
“The build sheet is the wish list of any racer: lightweight high-revving dry-sump LS7 engine; carbon-ceramic brakes; integrated coolers; true aerodynamic downforce, and a significant reduction in curb weight. This car could only come from Chevrolet, and could only be called the Z/28.” |
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