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Ecclestone waived fee to save German Grand Prix

  • Published on 26 Jun 2013 10:29
  • comments 0
  • By: Rob Veenstra
Germany is only on this year's formula one calendar because Bernie Ecclestone waived the Nurburgring's usual race fee. That is the claim of Bild newspaper, referring to that circuit's financial problems that put at risk the race-alternating scheme with Germany's other F1 host, Hockenheim.

Bild reports that, to ensure the embattled Nurburgring takes its scheduled turn next weekend, F1 chief executive Ecclestone agreed to waive his organisation's usual EUR 14 million race fee. "Bild has learned that without the gift, there would not have been a Grossen Preis von Deutschland on 7 July," correspondent Helmut Uhl said. "The Rhineland-Palatinate state and the insolvent Nurburgring GmbH could not have afforded the fee."

A spokesman for the company responsible for the Nurburgring's insolvency process confirmed: "We achieved an agreement in a very short time with Mr Ecclestone. "The details are not disclosed." The Nurburgring's insolvency administrator Jens Lieser added: "With his commitment to the Nurburgring, Mr Ecclestone did German formula one fans a big favour." (GMM)

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Date
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Spain
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Spain
3 - Jul 5
Austria
10 - Jul 12
Austria
17 - Jul 19
Hungary
31 - Aug 2
United Kingdom
7 - Aug 9
United Kingdom
14 - Aug 16
Spain
28 - Aug 30
Belgium
4 - Sep 6
Italy
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Italy
25 - Sep 27
Russian
9 - Oct 11
Germany
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Date
Grand Prix & Circuit
3 - Jul 5
Austria Red Bull Ring
10 - Jul 12
Austria Red Bull Ring
17 - Jul 19
Hungary Hungaroring
31 - Aug 2
United Kingdom Silverstone
7 - Aug 9
United Kingdom Silverstone
14 - Aug 16
28 - Aug 30
4 - Sep 6
Italy Monza
11 - Sep 13
Italy Mugello
25 - Sep 27
Russian Sochi Autodrom
9 - Oct 11
Germany Nurburgring
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