German Motoring Organization ADAC Became a Potential Buyer for Nürburgring image

According to the Wirtschaftswoche magazine ADAC has registered as an interested party in the sale of Nürburgring.

“The Nürburgring is without question the cradle of German motorsport, ” ADAC head Peter Meyer told the magazine. “One could with justification describe it as automobile heritage. Therefore all efforts should be made to keep this sports arena for motorsports into the future.”

The famous Nürburgring built in 1927 has been put for sale in mid-May, including both race tracks. Also included in the sales is the Grand Prix course, which hosted F1 races, and the place where the Rock am Ring music festival was held each year. ADAC showed interest in all these assets, but so do other 30 potential investors, according to the magazine.

ADAC has not made a bidding offer, but its expression of interest has made the company a potential investor. Peter Meyer said that ADAC will make sure to offer sustainable motorsport facilities, which will cut costs, even if the first priority is not a large profit.

Last month Hyundai announced it will build a new R&D center at the Nurburgring, as the track covers all possible driving situations, making it ideal for testing durability on all its new vehicles.

Source: thelocal.de