Nurburgring future looking brighter this week

  • Published on 02 Aug 2012 09:48
  • comments 0
  • By: Danny Sosef
The embattled Nurburgring's formula one future is looking brighter this week. With the fabled circuit now in an insolvency process, reports last week said F1 supremo Bernie Ecclestone could be the Nurburgring's saviour.

But when asked in Hungary if he is buying the German track, Ecclestone told Der Tagesspiegel newspaper: "No. I don't think it is for sale in that way," the 81-year-old Briton added.

The latest news from Germany, however, is much more positive. The Rhineland-Palatinate state government has agreed to guarantee a EUR 254 million loan so that the Nurburgring can service its debts, Frankfurter Allgemeine Zeitung (FAZ) newspaper reports.

And Nurburgring Automotive GmbH (NAG) chief Jorg Lindner said: "I am very optimistic that formula one will be going to the Nurburgring next year."

FAZ said negotiations with F1 officials will take place over the summer period. Ecclestone said: "We don't want to lose any of the racetracks, and we need to keep the race in Germany. We will do our best.

"It has surprised me that all these tracks in Germany have financial problems -- maybe they gave all their money to the Greeks," he joked. F1 chief executive Ecclestone was also asked about his comments ruling out buying the Nurburgring.

Did he mean that any sort of financial help is out of the question? "Let's wait and see. At the moment we are having talks."

He also said that if a solution for the Nurburgring cannot ultimately be found, his sport will "go to Hockenheim" instead in 2013. "We're also in talks for that," Tagesspiegel quoted Ecclestone as saying. (GMM)

Replies (0)

Login to reply

BE Grand Prix of Belgium

Local time 

BEGrand Prix of Belgium

Local time 

World Championship standings 2024

Pos
Driver
Team
Points
Pos
Team
Points
Show full world champion standings

Test calendar

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2024

Date
Grand Prix
Circuit
-
Bahrain
29 - Mar 2
Bahrain
7 - Mar 9
Saudi Arabia
22 - Mar 24
Australia
5 - Apr 7
Japan
19 - Apr 21
China
3 - May 5
United States of America
17 - May 19
Italy
24 - May 26
Monaco
7 - Jun 9
Canada
21 - Jun 23
Spain
28 - Jun 30
Austria
5 - Jul 7
United Kingdom
19 - Jul 21
Hungary
26 - Jul 28
Belgium
23 - Aug 25
Netherlands
30 - Sep 1
Italy
13 - Sep 15
Azerbaijan
20 - Sep 22
Singapore
18 - Oct 20
United States of America
25 - Oct 27
Mexico
1 - Nov 3
Brazil
22 - Nov 24
United States of America
29 - Dec 1
Qatar
6 - Dec 8
United Arab Emirates
See full schedule

Formula 1 Calendar - 2024

Date
Grand Prix & Circuit
29 - Mar 2
7 - Mar 9
Saudi Arabia Jeddah Street Circuit
22 - Mar 24
Australia Albert Park
5 - Apr 7
19 - Apr 21
3 - May 5
United States of America Miami International Autodrome
17 - May 19
24 - May 26
Monaco Monte Carlo
7 - Jun 9
21 - Jun 23
28 - Jun 30
Austria Red Bull Ring
5 - Jul 7
United Kingdom Silverstone
19 - Jul 21
Hungary Hungaroring
26 - Jul 28
23 - Aug 25
Netherlands Circuit Zandvoort
30 - Sep 1
Italy Monza
13 - Sep 15
Azerbaijan Baku City Circuit
20 - Sep 22
18 - Oct 20
United States of America Circuit of the Americas
25 - Oct 27
1 - Nov 3
Brazil Interlagos
22 - Nov 24
United States of America Las Vegas Street Circuit
29 - Dec 1
6 - Dec 8
United Arab Emirates Yas Marina Circuit
See full schedule
show sidebar