Bernie Ecclestone could buy Nürburgring

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Added in: News

Bernie-Ecclestone-Nurburgring

It has been sometime since the Nürburgring racetrack, considered the Mecca for every car with even the slightest of track racing aspirations and located in the Eifel hills of western Germany, has been going through a set of serious financial problems. We did report when the ‘ring filed bankruptcy in July last year and now, it has emerged that the track is close to getting a new owner.

The new owner could be F1 supremo Bernie Ecclestone, if he decides to shell out $170 million and buy the track.

Insiders say that buying the ‘ring could be a profitable venture for Ecclestone, considering that it makes $80 million in income annually.

However, Ecclestone hasn’t yet decided to go ahead with the purchase and has said that he is “thinking about it,” and would make the final call “in a few months.”

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