Formula 1 and motor racing legendary venue Nurburgring Nordschleife up for sale

Ever since Niki Lauda’s Ferrari exploded in a fireball on the Nurburgring in 1976, the circuit has been deemed too dangerous for Formula 1, instead hosting car companies putting new models through their paces and amateurs trying to set records on a rush of adrenaline.

But 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.

Completed in 1927, the Ring was built to showcase German auto engineering and racing prowess, and now the country’s deep-pocketed carmakers have been cited as potential bidders.

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