The new owner will take over the Nurburgring and its 12.8 miles of track free of debt. The track also has 300 employees. According to Autocar, formal interest must be submitted by June 12, in order for the motorsports complex to find new owners by the end of the summer.
Used as a Formula 1 track until 2011, the Nurburgring now hosts a 24 hours endurance event on its Nordschleife loop. The German track is also used as a testing facility by several automakers.
Story via Autocar