The Guardian, a British news publication has reported that the future of Germany’s Nurburgring remains uncertain as the 90% state-owned facility owes approximately 235m pounds (over $300m) to Banks for redevelopment which occurred in 2009.
MINI enthusiasts have no doubt become familiar with the Nurburgring, one of two German Formula One grand prix venues and the site of countless MINI time trials and racing events. Applications for an emergency loan of 10m pounds have been denied by the European Union’s Executive Commission.
What a shame it would be to lose such an iconic race site. Stayed tuned for more information.
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