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Nurburgring applies for bankruptcy?

In what possibly only James May would
describe as good news, the state-owned company that runs the Nurburgring
is making noises about applying for bankruptcy.

The legendary 14 mile public track in
Germany – a large poster of which festoons the lift to the Top Gear office –
has been in financial trouble for some time, but today confirmed that its
request for help from the European Commission was unlikely to be approved in
the short term.

According the Rhein Zeitung newspaper in Germany, the company running the complex
(which included an ill-fated leisure add-on) is now around 413 million Euros
in debt. 

The state premier of the Rhineland
Palatinate government said: “with greatest
probability, bankruptcy would be applied for at the end of the month due to
lack of liquidity.”

James is on the record decrying the
rock-hard handling that comes from manufacturers’ recent addiction to testing
their road cars at the ‘Ring, but this is decidedly sad news for any car fan.

Nothing has yet been decided in the
long-term, but it’s not looking good for the Green Hell.  Perhaps this weekend’s German Grand Prix
could feature a few rattling collection tins?

This is, after all, the scene of one of the
greatest Top Gear challenges, involving Jeremy, a Ford Transit and a very fast
German woman named Sabine… 

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