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Chicane-UK
2,588 posts
54 months
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I just don't understand how they struggle to make money off the place. Many of the major car manufacturers do testing there and people drive their cars over from other countries just to experience a drive around that hallowed turf. Everyone who loves driving knows about the Nurburgring.
How could they be so ridiculously incompetent as to screw it all up?
I guess it was a ridiculous idea making a themepark and a hotel there.. it should have just been kept as it was. A race track.
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MattOz
3,013 posts
133 months
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News just in from the Save the Ring team............. Richter/Lindner (NAG) officially sacked as Nurburgring operators, all contracts cancelled - including Formula 1 concession! Interesting. 
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CampDavid
7,709 posts
67 months
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MattOz said: News just in from the Save the Ring team............. Richter/Lindner (NAG) officially sacked as Nurburgring operators, all contracts cancelled - including Formula 1 concession! Interesting. http://translate.google.com/translate?sl=de&tl=en&js=n&prev=_t&hl=de&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.rhein-zeitung.de%2Fstartseite_artikel%2C-Live-Blog-So-erklaert-das-Land-den-Rauswurf-der-Paechter-_arid%2C377106.html&act=url BOOM
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Chrisgr31
7,424 posts
124 months
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Chicane-UK said: I just don't understand how they struggle to make money off the place. Many of the major car manufacturers do testing there and people drive their cars over from other countries just to experience a drive around that hallowed turf. Everyone who loves driving knows about the Nurburgring.
How could they be so ridiculously incompetent as to screw it all up?
I guess it was a ridiculous idea making a themepark and a hotel there.. it should have just been kept as it was. A race track. Presumably the real problem is repaying the loans that have been used to finance it all?
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jetpilot
242 posts
25 months
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Chicane-UK said: I just don't understand how they struggle to make money off the place. Many of the major car manufacturers do testing there and people drive their cars over from other countries just to experience a drive around that hallowed turf. Everyone who loves driving knows about the Nurburgring.
How could they be so ridiculously incompetent as to screw it all up?
I guess it was a ridiculous idea making a themepark and a hotel there.. it should have just been kept as it was. A race track. At the point where the local gov have paid for the build etc (according to this article), all they have had to do is general running costs, although i am sure thats huge, it isnt like they have funded the 330 million out of their profits! Could it be an intentional ploy to run it into the ground and then offer the government a "buy out" where it then miraculously starts to make profit?
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E36GUY
3,861 posts
87 months
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CampDavid said: 
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AndyWoodall
1,884 posts
128 months
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Did they ever get that rollercoaster working? Presume it never will now!
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Frances The Mute
968 posts
110 months
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"We want to consistently be a bottomless pit to the ground," said Eveline Lemke.
That must explain why it's 26 euro a lap now. They need all the money to fill it.
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Mannginger
6,534 posts
126 months
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Never been but I do hope they don't close it and not operate it whilst they piece this mess together in the courts. After all NAG won't run it if they're not getting paid and I doubt the local government will want to shoulder the operating costs directly and they may not be able to re award the contract to another company whilst NAG fight the decision n the courts (assuming they do)
Very messy indeed - who in the local government will stand up to the mess of awarding the ridiculous contract to NAG in the first place?
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gaz9185
71 posts
40 months
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GC8
9,554 posts
59 months
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Frances The Mute said: That must explain why it's 26 euro a lap now. They need all the money to fill it. A fiver when I first visited; and Im not an old geezer either...
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Sub5s
65 posts
22 months
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They should start to freeze assets and arrest people like Richter and the polititians involed in this fraud.
Then give the 'Ring to the people who really care about the track, motorsports and the region.
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Jamesp24
230 posts
39 months
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This is all looking rather worrying,I hope its open on the 20,21st march 
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fingersprice
41 posts
23 months
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jetpilot said: Baryonyx said: There must be a British bank involved somewhere! Or a Labour government Or the Greek government
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fingersprice
41 posts
23 months
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GC8 said: Frances The Mute said: That must explain why it's 26 euro a lap now. They need all the money to fill it. A fiver when I first visited; and Im not an old geezer either... It was still on 18 euros when I went in 2008.....
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Dale Lomas
135 posts
24 months
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20-21st? DN? Me too...
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Munich
928 posts
65 months
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gtdc said: This may be a little simplistic but, if they don't pay the rent they don't get the circuit surely? If the law is the same as when renting out a property, then I'm afraid not. If you rent out a property and the tenant decides not to pay the monthly rent, then as the landload there is very like you can do until the court process has ran its course, which can take up to 2 years. That means 2 years of no rental income while the tenant still lives in the property!
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Jamesp24
230 posts
39 months
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Dale Lomas said: 20-21st? DN? Me too... Yup
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gtdc
4,238 posts
152 months
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Munich said: gtdc said: This may be a little simplistic but, if they don't pay the rent they don't get the circuit surely? If the law is the same as when renting out a property, then I'm afraid not. If you rent out a property and the tenant decides not to pay the monthly rent, then as the landload there is very like you can do until the court process has ran its course, which can take up to 2 years. That means 2 years of no rental income while the tenant still lives in the property! In which case the news "Richter/Lindner (NAG) officially sacked as Nurburgring operators," will be subject to some lengthy legal proceedings?
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GC8
9,554 posts
59 months
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fingersprice said: GC8 said: Frances The Mute said: That must explain why it's 26 euro a lap now. They need all the money to fill it. A fiver when I first visited; and Im not an old geezer either... It was still on 18 euros when I went in 2008..... DM12 I believe, when I first went - it was virtually deserted too, apart from locals in tricked-up Mk1 Golfs.
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