Nurburgring future looking brighter this week

Published on 02 Aug 2012 09:48
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)




Test sessions
GB
          Grand Prix of Engeland
Local time 07:50

Grand Prix reports of Engeland
FP1: Rosberg on top despite hydraulic problems
icon
Jul 03, 11:00 - 12:30 Results
Mercedes driver Nico Rosberg has set the fastest time in the first free practice for the British grand prix. The reig...
Read more
FP2: Ferrari drivers split Rosberg and Hamilton
icon
Jul 03, 15:00 - 16:30 Results
The second free practice for the British grand prix did not result in an one-two for Mercedes. Nico Rosberg set the f...
Read more
Give your opinion!
Who was your driver of the day out of the podium finishers?



Circuit Silverstone
 
Circuit Silverstone
Location GB Silverstone, United Kingdom
Website Website
 
Length of one lap 5.412 KM
Laps in a race 57
Length of race 308.238 KM
 
Grand Prix Calendar
Previous Grand Prix: Jul 05
GB Engeland Silverstone
Next Grand Prix: Jul 19
DE Duitsland Nurburgring