Embattled Nurburgring could be saved by Buyer

The Nurburgring has moved one step closer to a saviour, as a potential buyer for the fabled German circuit emerged.

The well-connected Frankfurter Allgemeine Zeitung newspaper (FAZ) said the automobile club ADAC (Allgemeiner Deutscher Automobil-Club) has submitted a non-binding offer.

ADAC, usually linked only to Germany's other F1 host Hockenheim, stepped in this year amid the Nurburgring's financial troubles to host the 2013 race.

The FAZ newspaper estimated the value of the venue, including the fabled Nordschleife loop, at EUR 100 million.

"With the non-binding offer," confirmed ADAC spokesman Lars Soutschka, "we hope to gain access to the numbers and then we will decide how to proceed."

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Leopold

Leopold Pleijsier founded F1-Fansite.com in 2001 and has followed Formula 1 since the early 1980s. He writes about daily F1 news, race weekends, drivers and the sport’s history.

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