The legendary German Formula 1 racetrack, called the Nurburgring, or just the “Ring” is up for sale for a private buyer. Following the filing of bankruptcy in 2012, Jens Leiser, the appointed liquidator suggests a that the course could be sold in whole or in parts. The Nurburgring circuit in Germany was built in the 1920s, around a village and castle bearing the same name in the Eifel Mountains. The track is known to have four large parts, including the 17.5-mile long Gesamtstrecke (Whole Course), the 12.9-mile Nordschleife, the Südschleife (South Loop) and the Zielschleife (Finish Loop). A new circuit was also added in 1982 and is used for all major events on
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Hotels, restaurants and amusement parks are also planned for the park, adding to its potential future commercial value. But the planned sale is not without its opponents. There is speculation that any private company that purchases the complex would likely do away with the public drives and grass-roots motorsports events the track is known for. Mike Frison, a longtime supporter of the Ring, has launched an online campaign called savethering.org. Frison warns that if the racing circuit goes under private ownership, access to the space will be seriously limited, and motorsport in the country will become privatized and expensive. There will
also be a monopoly in business for the local entities, which in turn can hurt the economy. Lesser access to the Nurburung circuit will be a big setback for the Formula 1 racing fans.