Nurburgring buyout

Could the Nurburgring dramas be a thing of the past? German part maker Capricorn pays 100m euros for the business, and will take down the roller coaster...

Behind the recent drama of lap-record-swapping, the Nürburgring has been facing a tough test of its own. Concerns over the circuit’s future have been rumbling on for a while now, its owner – Nürburgring GmbH – filing for insolvency in 2012. There’s light at the end of the tunnel, though: German car parts company Capricorn has had a bid ‘in excess of 100m euros’ accepted for the business.

It’s significant not only because it ends months of worry and uncertainty (which culminated in a high-profile ‘Save the Ring’ campaign with Sabine Schmitz among its public faces), but because up to 25m euros will be invested in the site, and happily without theme park connotations.

Subscribe to evo magazine

Subscribe today to have every issue of evo delivered straight to you. You'll SAVE 39% on the shop price, and get evo for its original cover price for a whole year!

The ‘Ring Racer’ rollercoaster is being removed, as is the clunky and unloved Ring Card payment system, while a proposed ‘Automotive Technology Cluster’ will replace the Grüne Holle entertainment complex. As well as aiding local businesses, it should further heighten the regard with which the Ring is held among car development circles.

But what about us, the enthusiasts? Well, Capricorn will ‘continue to run the business operations of the Nürburgring, with its numerous motor races, music events, tourist and test drives as well as the hotels and holiday facilities’, we’re told. This appears to be good news, though increased investment in the Ring’s industry activity could restrict the times the circuit is available for its celebrated tourist laps. Only time will tell.

Advertisement
Advertisement - Article continues below

Capricorn will take over Nürburgring GmbH’s assets on January 1 2015, providing the European Commission doesn’t look for it to repay state aid. The full 2014 calendar – including the Nürburgring 24-hour race on June 21/22 – will take place as planned.

Advertisement
Advertisement

Most Popular

Visit/best-cars/15095/best-cars-to-buy-for-ps10000-evo-garage
Best cars

Best cars to buy for £10,000 – evo garage

The evo team picks their favourite used performance cars
1 Jul 2020
Visit/mercedes/cla/202850/mercedes-amg-cla-45-s-shooting-brake-review
Mercedes CLA45 AMG hatchback

Mercedes-AMG CLA 45 S Shooting Brake review

Good looks and stonking performance, if you can stomach the price tag
4 Jul 2020
Visit/skoda/202145/full-2020-skoda-octavia-vrs-engine-range-detailed
Skoda Octavia vRS

Full 2020 Skoda Octavia vRS engine range detailed

Skoda’s engine range for the Octavia vRS topped by a 242bhp turbo petrol
3 Jul 2020
Visit/dodge/challenger/202845/2021-dodge-challenger-srt-super-stock-revealed
Dodge Challenger

2021 Dodge Challenger SRT Super Stock revealed

The ancient Dodge Challenger lives on in new 807bhp widebody form – makes a Shelby GT500 look like a pedal car
3 Jul 2020