Bourbon HRE

Holy Roman Empire ruled by the Bourbons,How is this possible?

The POD is after the extinction of Hapsburgs

Seeing as you're essentially talking about the War of the Austrian Sucession, I would say very improbable. By that point, the Empire was so pointless that the Bourbons would prefer to just annex territories from the Empire rather than take the title itself.
 
More seriously, though, which state of the HRE should fall to Bourbon?
Milan? Too marginal, too small, and too loosely tied to the HRE (when Bourbons were powerful).

The only scenario which might, just might make some sense would be the Spanish maintain the complete Burgundian inheritance, including the Netherlands, and Spain goes to the Bourbons as IOTL. However, why should the latter event take place centuries after the PoD, and with several direct causal relations in between ... ?
 
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