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In 2020 you can still turn up, buy laps (per vehicle not per person), and drive straight on to the track during a Touristfahrten session. Cars and bikes pay the same for laps. The ticket office is next to the Touristfahrten main entrance in Nürburg. There's no briefing or need for your car to be checked etc.
A single lap is €25 Monday to Thursday, and €30 Friday to Sunday. Nine laps is about 90 minutes driving, which is probably similar to what you'd do on a normal track day and on that basis €270 (over a weekend) isn't terrible value for money.
You can either get a physical card from the ticket office as mentioned above, and load it with credit, or you can download the Nürburgring app, and load credit on there - and use a QR code to access the circut. (You can do this via their website here)
A season pass (Jahreskarte - see below) is €2,200. Breakeven is about 74 weekend laps.
Costs for a weekend at the Ring
If you want to get an idea of all-in costs for a weekend trip, for a 'standard' weekend (out Fri, full day Saturday, half-day Sunday, return Sun afternoon/eve) from London by car, the costs look something like this:
Total = approx £500, plus laps as above.
You can use credit and debit cards for petrol, Ring tickets and food (in most places) but you'll want cash for accommodation costs and miscellaneous bits and pieces. For visitors from the UK it's usually cheapest to get euros in the UK and take it with you, but you can also get cash at a local ATM. Most banks charge a 1-2% commission on debit/credit card payments, plus extortionate exchange rates.
Grand Prix Strecke
The GP track is open a few weekdays in the year and costs €30 for a fifteen minute session. A Jahreskarte also provides access to the GP track. There is no safety briefing. Check the official website for opening schedule.
Cost of crashing on the Nurburgring
These include Armco repairs, safety car attendance, vehicle recovery, track closure, hospital stays and helicopter fees. I recommend avoiding these. If you can't, then the following price-list may help:
Everything except the recovery truck is then subject to 19% VAT.
The record armco bill I'm aware of is €15,000. That was a car that managed to flatten a very impressive length of armco between the Quiddlebacher Hohe bridge and the crest on the approach to Flugplatz. But even a minor bump can turn into a surprisingly expensive day out.
Jahreskarte / Season Pass
A Jahreskarte ('year card') is a season ticket valid for unlimited use by the cardholder within the calendar year. In 2020 it costs €2,200.
Jahreskarts are also valid only when the Jahreskart holder is driving/riding. They are not valid when you are a passenger, even if you are a passenger in your own car. The ticket is for the driver/rider, not the vehicle. They do sometimes check the photo, and confiscate cards and tickets which are being misused, so it's not adviseable to take chances.
The procedure for buying a Jahreskarte is to turn up with cash or credit card, a passport-sized photo and your passport. At quieter times, they will issue your card immediately; at busier times, they will keep your passport and lend you a temporary 5-lap ticket. Go back 5 laps later and swap your temporary ticket for your passport and Jahreskarte. To renew an existing one, just take your existing card and the dosh. Note that although they have a digital camera there, it isn't always working, so it's best to take your own photo with you just in case.
The old "Ring Card" was a pre-payment system for use on food/drink/merchandise at the Ring but apparently it has been abolished from 1st January 2015. I am not sure though whether this means you still load laps onto it. If you have money remaining on a Ring Card ask for a refund at the main kiosk at the Touristfahrten entrance.