One letter sent to the EU from a financial analyst for the automotive industry is a fantastic letter to Mr Almunia stressing the problems and concerns, he is also asking for separation of the Nurburgring themepark and all its financial problems to be separated from the classic Nuerburgring circuit.
Dear Mr Almunia
I am a financial analyst for the automotive industry, covering European automakers for the investment firm Sanford Bernstein. I have a long standing knowledge of the auto industry and familiarity with the managements, as well as having had some involvement with the EC via the Cars 21 programme and other lobbying bodies, having met with Stavros Dimas, Günter Verheugen and (the late) Karl Van Der Miet over the years on auto industry policy.
I am also an automobile enthusiast and I am writing to you to see your help with the current challenges at the Nuerburgring in Germany. As I am sure you already know, financial problems unrelated to this grand and historic circuit threaten its future. The proposed plan to massively increase access costs for both industry and personal users will damage the economy of this area. We must not forget that the Nuerburgring was originally built in the 1920s to bring employment to this less wealthy area of Germany and it continues today to drive the local economy.
It is also a wonderful example of European economic integration with a number of Dutch businesses (for instance RSR Nurburg), British enterprises and a variety of international auto companies based in the area.
I plead with you to look at this situation and work with the German national and regional government to find a solution that would see the Nurburgring themepark and all its financial problems separated from the classic Nuerburgring circuit - and the protection of the many independent businesses in the area.
I look forward to hearing back from you and would be happy to clarify any details I can in this issue.
Kind regards
Yours sincerely
