The Nurburgring is reportedly for sale in the region of £120m.
The Nurburgring is home to the German Formula 1, alternating with Hockenheim, which also has reported to running at a loss from hosting the F1. As noted by the German Tourist Board on my recent trip; “The track costs 17,000 euros per day to hire on non-race days, however Hockenheim must pay 20m euros to hold the F1, which breaks even selling 100k tickets averaging 200 euros.” 125 years of the car
The Ring will also be well known to the audience of Top Gear and often quoted as the testing ground for most performance auto makers with the Nordschleife times providing great marketing power much is the ongoing battle of Porsche 911 Turbo vs Nissan GTR.
Sabine Schmitz has become a national hero and has been providing driver tuition and the Ring Taxi with the BMW M series and Porsche track prepped 911 models. Ring Taxi
Compared to a location such as Goodwood, an investor should be able to see there is scope for improvements. Goodwood hosts the Moving Motorshow, Festival of Speed, horse racing, golf courses, corporate events, hotels, restaurants, yearly memberships and so on.
There are rumours of the pool of bidders having shrunk to 20% so there must be some hidden issues but as a name and grounds the Nurburgring offers a lot of potential.