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Nurburgring management eyes F1 rescue plan

  • Published on 26 Jul 2012 13:36
  • comments 0
  • By: Rob Veenstra
The operators of the Nurburgring are considering buying the embattled circuit. The development comes after the German grand prix host last week commenced an insolvency process, which has endangered the future of the venue's biennial formula one race.

One solution could be for the circuit's existing management to propose a buyout, amid reports the Nurburgring's current debts actually outweigh its overall value. "If it is on the table, we would think about whether and how we would participate in the tender," Nurburgring Automotive GmbH chief Jorg Lindner is quoted by the German news agency SID. He also revealed: "We have developed a concept for the formula one race at the Nurburgring that does not require a cash grant from the state." (GMM)

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Date
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26 - Mar 28
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11 - Jun 13
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3 - Sep 5
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1 - Oct 3
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22 - Oct 24
United States of America
29 - Oct 31
Mexico
5 - Nov 7
Brazil
19 - Nov 21
Australia
3 - Dec 5
Saudi Arabia
10 - Dec 12
United Arab Emirates
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Formula 1 Calendar - 2021

Date
Grand Prix & Circuit
26 - Mar 28
16 - Apr 18
7 - May 9
21 - May 23
Monaco Monte Carlo
4 - Jun 6
Azerbaijan Baku City Circuit
11 - Jun 13
25 - Jun 27
France Paul Ricard
2 - Jul 4
Austria Red Bull Ring
16 - Jul 18
United Kingdom Silverstone
30 - Aug 1
Hungary Hungaroring
27 - Aug 29
3 - Sep 5
Netherlands Circuit Zandvoort
10 - Sep 12
Italy Monza
24 - Sep 26
Russian Sochi Autodrom
1 - Oct 3
8 - Oct 10
22 - Oct 24
United States of America Circuit of the Americas
29 - Oct 31
5 - Nov 7
Brazil Interlagos
19 - Nov 21
Australia Albert Park
3 - Dec 5
Saudi Arabia Jeddah Street Circuit
10 - Dec 12
United Arab Emirates Yas Marina Circuit
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