Short of Indy’s brickyard perhaps no race track in the world is as well-known as the German Nurburgring. But the challenging course could soon see its last race.
Dating back to the 1920s, the long and challenging circuit has been regularly used for a variety of motor sports events, such as Formula One but has become increasingly familiar to even non-racing fans because it has become the track of choice for testing by manufacturers such as Porsche, Ford and Cadillac – something they frequently note in commercials.
But the track’s management warns it is rapidly running out of cash and with the German government rejecting a requested $16 million bailout, the ‘Ring, as it’s frequently called, may be forced into insolvency. A rescue is still possible, however, and Formula One boss Bernie Ecclestone, not a many known for having a charitable side, is offering to “do everything” he can to help the track survive.
“We will do everything that is commercially feasible,” the 81-year-old Ecclestone told the German weekly Auto Bild, suggesting that his F1 organization would “bear all costs” for the 2013 race though the quid-pro-quo is that it would “also claim all revenues.”