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Legendary race ring Nürburgring 'faces closure'
thelocal.de ^ | 18 Jul 12 06:39 CET

Posted on 07/17/2012 10:44:04 PM PDT by Olog-hai

This Sunday’s German Formula 1 Grand Prix is likely to be the last at the legendary Nürburgring—because the state-owned company that owns it is going bust, a regional paper claimed this week.

The Rhein Zeitung newspaper said on Tuesday it had heard from good sources that the European Commission was not going to rescue the Nürburgring GmbH firm.

The Rhineland Palatinate state government had suggested the Commission pump around €13 million into the firm, while the firm would defer payment on a €330 million loan from a state-owned bank. …

(Excerpt) Read more at thelocal.de ...


TOPICS: Business/Economy; Hobbies; Society; Sports
KEYWORDS: germany; race

1 posted on 07/17/2012 10:44:14 PM PDT by Olog-hai
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To: Olog-hai

So .... what are we saying here ?


2 posted on 07/17/2012 10:47:33 PM PDT by dr_lew
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To: dr_lew
The blokes over at TOP GEAR U.K. are going to be very unhappy....
3 posted on 07/17/2012 10:51:02 PM PDT by ExSoldier (Stand up and be counted... OR LINE UP AND BE NUMBERED...)
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To: ExSoldier
Not James May I blame the Nürburgring
4 posted on 07/18/2012 12:12:54 AM PDT by Oztrich Boy (Literals will believe anything.)
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This Sunday’s German Formula 1 Grand Prix is likely to be the last at the legendary Nürburgring...

I didn't read any further because the idiot that wrote this doesn't even know that this weekend's race is at HOCKENHEIM, not Nürburgring. Not only that, but F1 cars now race at the "new" Nürburgring, not the "legendary" Nordschleife.

5 posted on 07/18/2012 12:25:09 AM PDT by Henchster (Free Republic - the BEST site on the web!)
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To: ExSoldier

The blokes over at TOP GEAR U.K. are going to be very

unhappy....

.....Some say the Nurbring is just a black hole and it is really an alternate universe of another called THE STIG!


6 posted on 07/18/2012 3:24:57 AM PDT by Recon Dad (Gas & Petroleum Junkie)
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To: Henchster

They’ve changed the first sentence of the story to reference the Rock am Ring music festival instead of the F1 German Grand Prix. And your other point is a good one—does this include the “classic” Nurburgring (including the Nordschliefe) or just the current track? The story doesn’t say.

}:-)4


7 posted on 07/18/2012 4:28:16 PM PDT by Moose4 (...and walk away.)
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To: Olog-hai
I would not be surprised that while the part of the race course used for Formula 1 will be closed, the current Nordschleife track might be snapped up by the likes of Volkswagen, Mercedes-Benz and/or BMW to be kept as a test track.
8 posted on 07/22/2012 12:37:00 PM PDT by RayChuang88 (FairTax: America's economic cure)
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To: Chode
ping

.

9 posted on 07/22/2012 12:57:33 PM PDT by Elle Bee
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To: Elle Bee
sadness... taxed to death???
10 posted on 07/22/2012 1:29:45 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: RayChuang88

They already have their own test tracks.


11 posted on 07/22/2012 1:53:25 PM PDT by AFreeBird
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To: Chode
Germany making life safe for greek public servants

.

12 posted on 07/22/2012 1:55:43 PM PDT by Elle Bee
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To: Elle Bee
just damn...
13 posted on 07/22/2012 2:35:25 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: AFreeBird
True, but Nordschleife sets a standard for handling and ride quality testing that is very hard to duplicate at company test tracks. Remember, Nordschleife is over 14 miles long of a lot of sharp curves and elevation changes.
14 posted on 07/22/2012 4:15:07 PM PDT by RayChuang88 (FairTax: America's economic cure)
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To: RayChuang88

From WiKi:

Volkswagen Group owns a test track facility in Ehra-Lessien. Built during the Cold War, the location was chosen as, at the time, it was in a no-fly zone near the East German border, safe from prying eyes seeing secret prototypes.
The track is used by all Volkswagen Group subsidiaries and marques, such as Audi, Lamborghini, Bentley, Bugatti, SEAT, Skoda, as well as Porsche, which is now part of the VW Group.
The facility features 96 km (60 miles) of private tarmac, which includes a large variety of road surfaces and curves, used as test tracks to evaluate new and prototype vehicles. More significantly, there is a high speed circuit with a straight approximately 9 km (5.6 mi) long. Although this portion of the track is flat and level, when standing at one end of the straight, the other end cannot be seen due to the curvature of the Earth.[2] Including banked corners at both ends of the circuit, allowing for a high entry and exit speed to and from the straight, and to increase average speed during the 20 km (12 mi) lap, the straight is especially useful for determining vehicle top speed.
Notably, the top speed of the Bugatti Veyron and the McLaren F1 were recorded along this straight. In an episode aired on 4 February 2007 on BBC Two’s Top Gear, presenter James May reached 407.9 km/h (253.5 mph) in a Bugatti Veyron.[2] In July 2010 a Bugatti Super Sport with 1,200 bhp (890 kW) recorded the production car world speed record at an average of 431.072 km/h (267.856 mph). The facility also appeared on National Geographic Channel’s Man-Made, in an episode about the Bugatti Veyron.


15 posted on 07/22/2012 7:36:24 PM PDT by AFreeBird
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