Chargement ...

Offer to buy embattled Nurburgring rejected

"That’s right"

Chargement ...

One step forward, and one step back: the German automobile club ADAC is no longer in the running to buy the embattled Nurburgring.

We reported last week that 2013 race promoter ADAC, the Allgemeiner Deutscher Automobil-Club, had submitted a non-binding offer to buy the fabled but insolvent circuit.

But Speed Week reports that ADAC’s offer was only for the circuit, not the theme park and connected commercial area, which would be demolished.

"That’s right," ADAC chief Peter Meyer told Bild newspaper.

"We have not been approved for the next step of the bidding process. We were told only that our offer was considered too low," he revealed.

Speed Week said ADAC’s offer was for a ’double-digit million (Euro) sum’.

Chargement ...

«Ferrari duo say 2014 car ’difficult to drive’

Interlagos, FP1: Rosberg tops rain-hit opening practice»

Formula 1 news


>Drivers’ title race is over now, declares Marko

>Horner: It’s so hard to compare generations

>Hamilton hints he’d like to quit Mercedes now

>Bottas poised to learn Audi-Sauber fate ’soon’

>Briatore hails Alpine F1’s 30 million euro pay-day

More Formula 1news