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
-
Schumacher Says Hamilton Should Step Aside for Bearman at FerrariRalf Schumacher has made a direct call: Lewis Hamilton's time at Ferrari should end after this season, and Oliver...
07 May 2026 16:22 -
'Newey Hospitalised as Aston Martin Struggle On'Adrian Newey's arrival at Aston Martin was supposed to be the beginning of the team's transformation into a g...
07 May 2026 15:20 -
Antonelli's Miami Win Gives Mercedes a Historic Podium RecordAndrea Kimi Antonelli's victory in Miami was not just another win in a dominant run of results. It also moved Mer...
07 May 2026 14:19 -
Horner Rules Out Alpine Return and Compares Marquez to VerstappenChristian Horner has been out of Formula 1 since Red Bull removed him from his team principal role last year, and he ...
07 May 2026 13:18 -
Red Bull Admit the Weight Problem Was Fixed Too Late but Promise More Progress by AustriaMax Verstappen knew something was wrong with the RB22 from the very first lap of the season. Red Bull have now formal...
07 May 2026 12:14
Azerbaijan Grand Prix
Local time
-
Friday
Saturday
Sunday
Azerbaijan 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
Replies (0)
Login to reply