Now the German racetrack and surrounding facilities appear to has changed status once again. This time, however, critical looks to have become terminal.
German speakers can find the original Rhein Zeitung article here. The rest of you will have to make do with the magic of Google Translate, like I did.
Back in February, the local government terminated the lease on The 'Ring after endless rounds of unpaid bills. Their dispute was with NAG, the operators of The 'Ring, but called into question the viability of FOM's contract to hold the German Grand Prix at the Nurburgring in alternating years.
This latest report claims that the holding company is now destined for bankruptcy after a last-ditch loan attempt was refused by the European Union.
According to the Rhein Zeitung, holding company Nurburging GmbH applied to the EU for a €13 million rescue package, and was turned down. The article (in translation) also refers to interest payments due on a €330 million loan from an investment bank owned by the German state. It is not entirely clear whether the €13m applied for was to cover those interest payments.
The article also says that there are questions being raised in Brussels over an unauthorised €524 million in state aid that appears to have been funnelled to the Nurburgring over the years.
The piece concludes by saying that the liquidisation of the assets - predominantly the land itself - will need to be done to appease creditors.
What any of this means for the future of the Nurburgring isn't clear, but one thing is certain: it doesn't look good.