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
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- By: Rob Veenstra
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Formula 1 Calendar - 2026
Date
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Spain
Circuit de Catalunya
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Bahrain
Bahrain International Circuit
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Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
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Bahrain International Circuit
17 - Apr 19
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Jeddah Street Circuit
1 - May 3
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Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
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Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
26 - Jun 28
Austria
Red Bull Ring
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