Bernie Ecclestone has reportedly offered to waive F1's usual race sanctioning fee in 2013 amid the Nurburgring's deepening financial crisis. State governor Kurt Beck on Wednesday announced that the circuit, scheduled to return to the calendar next year, is launching "orderly insolvency proceedings" because the European Commission is to reject a government bailout.
That sounds disastrous for the future of the F1 race, which in recent years has annually alternated the German grand prix with Hockenheim. But German reports by the news agencies DPA and DAPD, and by the Abendblatt newspaper, said that despite the news, "there could still be formula one races at the Nurburgring in the future". The reports revealed that the German race organisers have agreed with F1 chief executive Ecclestone that the sanctioning fee in 2013 will not be paid, with the 81-year-old agreeing in return to "bear all costs but also claim all revenues". (GMM)
Ecclestone deal could save F1's Nurburgring race
- Published on 19 Jul 2012 08:54
-
0
- By: Rob Veenstra
.
Trending news
-
Why Alonso credited himself after Zandvoort chargeFernando Alonso delivered a blunt self-assessment after driving from 18th on the grid to ninth at the Dutch Grand Pri...
28 Aug 2026 13:48 -
Why Max Verstappen's 2030 Red Bull contract might not be finalMax Verstappen's new Red Bull contract through 2030 may not be the career-defining commitment it appears, accordi...
28 Aug 2026 12:47 -
Only seven F1 seats remain unfilled for 2027The 2027 Formula 1 grid is rapidly solidifying. Following Max Verstappen's contract extension at Red Bull and rec...
28 Aug 2026 11:45 -
Why F1 boss Domenicali called Verstappen's Red Bull extension the 'icing on the cake'Stefano Domenicali has expressed visible relief after Max Verstappen committed his future to Red Bull through 2030, t...
28 Aug 2026 10:43 -
Why Ralf Schumacher believes Piastri is no longer a team leader candidateOscar Piastri has become McLaren's second driver following a difficult start to the 2026 season, according to Ral...
27 Aug 2026 16:19
Dutch Grand Prix
Local time
-
Friday
Saturday
Sunday
Dutch Grand Prix
Local time
-
Friday
-
Saturday
-
Sunday
-
Friday
-
Saturday
-
Sunday
Test calendar
Circuit de Catalunya - Winter testing
-
Jan 26
I. Hadjar
- 1:18.159
-
-
-
Jan 27
M. Verstappen
- 1:19.578
-
-
-
Jan 28
A. Antonelli
- 1:17.362
-
-
-
Jan 29
G. Russell
- 1:16.445
-
-
-
Jan 30
L. Hamilton
- 1:16.348
-
-
Bahrain International Circuit - Winter testing
-
Feb 11
L. Norris
- 1:34.669
-
-
-
Feb 12
C. Leclerc
- 1:34.273
-
-
-
Feb 13
A. Antonelli
- 1:33.669
-
-
Bahrain International Circuit - Winter testing
-
Feb 18
G. Russell
- 1:33.459
-
-
Feb 19
A. Antonelli
- 1:32.803
-
-
Feb 20
C. Leclerc
- 1:31.992
-
-
World Championship standings 2026
Pos
Driver
Team
Points
Pos
Team
Points
Related news
Give your opinion!
Formula 1 Calendar - 2026
Date
Grand Prix
Circuit
-
Spain
-
Bahrain
-
Bahrain
Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
-
Spain
Circuit de Catalunya
-
Bahrain
Bahrain International Circuit
-
Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
Bahrain
Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
United States of America
Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
26 - Jun 28
Austria
Red Bull Ring
3 - Jul 5
United Kingdom
Silverstone
17 - Jul 19
Belgium
Spa-Francorchamps
24 - Jul 26
Hungary
Hungaroring
21 - Aug 23
Netherlands
Circuit Zandvoort
Replies (0)
Login to reply