Thread: Nurburgring
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      03-12-2013, 07:01 AM   #239
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Originally Posted by smellthebeans View Post
Sorry if it looks funky but this is what I got from the "bing" translator....

Rhineland-Palatinate is to prevent sale of the Nürburgring

Mainz (dpa/lrs) - no sellout at the Nürburgring: Formula 1 and other public Motorsport highlights in the Eifel region to remain fans. The State Government of Rhineland-Palatinate wants to achieve this by law, so that the insolvent ring remains an attraction for the visitors after a possible sale to a private investor and not a Sheikh on the ring can turn his laps privately. The restorers of the formula 1 circuit in the Eifel mountains see better chances for the search for buyers.

The Nurburgring should be preserved as a unique, traditional place of latitude and Motorsports, (both SPD) and Minister Eveline Lemke (Green Party) wrote Prime Minister Malu Dreyer, Transport Minister Roger Lewentz on Monday in a joint statement. «That's why we want to guarantee by law public access in the future.» The ring had to apply for insolvency last year out of financial necessity. Talks with potential investors are scheduled in April. Currently, there are over 30 interested parties according to the Nürburgring GmbH.

The restorers want to exclude the risk that an investor for the possible recovery of subsidies must be held liable. In the coming year, but threatens a recovery of country AIDS. The EU Commission checks to see whether aid amounting to about half a billion euros at the Nürburgring were possibly illegal.

Brussels would accept a requirement for continued public use of the ring at the investor search - assume the restorers after a visit to Brussels. A restart is only possible via a legally secure way that is coordinated with the European Commission, told ring custodian Jens Lieser.

From the Office of EU competition Commissioner Joaquín Almunia said on Monday: «The Commission is on this subject in contact with the German authorities.» The CDU Landtag group accused the Red-Green Government, she stumble upon afterwards – because the CDU had earlier asked to maintain public access to the ring.

The previous SPD-led Government had let build an oversized amusement park on the ring a few years ago for around 330 million euros. Also tax money had to go to cover a loan. A previously scheduled private funding had failed.

In the infidelity trial against former Finance Minister Ingolf Deubel (SPD) and others for the private financing of the ring, there was no new evidence on Monday. Urs Barandun businessman before the Landgericht Koblenz made use of its right to deny the statement. The Swiss had been brought 2009 when searching for a private investor for the ring-expansion of financial intermediaries in the game.

Babatunde had been an alleged US investor in Vista – the cheque turned out to be vulnerable. A Commission paid by the Nürburgring GmbH amounting to EUR four million already to the intermediary could be saved only by chance. Shortly afterwards resigned Deubel. Before the Landgericht, broke out however a dispute between prosecutors and defenders to the transfer of files. Background: Two employees of the regional court of audit already knew the opinion of Deubels from the process prior to their interrogation as witnesses. Deubels Defender, Rüdiger Weidhaas, criticized this had influenced their statements. He had a complaint against unknown to the Attorney General.

The public prosecutor's Office dismissed the allegations. The opinion of Deubels had gone to the President of the Court of Auditors, but not at the end of February in the process included staff.
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