No kidding. It’s for sale. “After local politicians loaded it with debt equating to around 50 years’ worth of profit, the famed and feared track went into administration and is now looking for a new owner,” says Reuters.
Assets include the track and an amusement park with a rollercoaster that is about to open soon – after a 4 year delay. The Ring won’t come cheap. It “typically has an annual revenue of 50-60 million euros and underlying profits of 6-8 million, making it more profitable than many carmakers.”
Speaking of carmakers, you will likely be bidding against some of Germany’s “deep-pocketed carmakers,” the wire says.