Heide Park Resort have posted a video on their Facebook page
about the current status of their wooden coaster Colossus.
The accompanying text states that the Resort will make a further announcement on 11th January regarding the ride's future. Whilst my german isn't great, from what I can tell from comments posted in response to the video it seems to be the case that the whole track needs replacing which would take 2 years and millions of Euros.
What does strike me as odd is that th Resort are able to give a definitive date for the next update. To me this suggests the decision has already been made and January's announcement will just be confirmation of that decision, whatever that may be.