News Details

German Grand Prix 'in trouble' says Ecclestone

Bernie Ecclestone has revealed that the future of the German Grand Prix has been put in doubt after a $50m bid he made for the Nurburgring was rejected according to an article in the CityAM newspaper by Christian Sylt.The track alternates every year with the Hockenheimring as the location of the German Grand Prix and ran into difficulty after taking out a $370m loan in 2009. The debt was used to fund construction of an on-site shopping mall, hotel and amusement park.However, the new facilities were not as popular as hoped and the circuit struggled to make debt repayments. It was then handed additional public support but, in an unexpected twist, the European Commission launched an...
Full Story »
1y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Ecclestone starts search for successor

LONDON, March 04, 2014 (AFP) - Formula One supremo Bernie Ecclestone...
1y ago from F1Plus.com

Ecclestone begins search for successor

Formula One supremo Bernie Ecclestone has revealed he is looking for...
1y ago from SuperSport.com

Ecclestone: NASCAR is a domestic series

F1 supremo Bernie Ecclestone has hit back at the Texas Motor Speedway...
1y ago from Pitpass.com

F1 going to Azerbaijan Ecclestone

The Azerbaijan Grand Prix around the streets of Baku is set to join the F1...
1y ago from Crash.net

Elsewhere On The Network

Popular On MotoGPToday.com

Salom Q&A: “I expected more really”

Paginas Amarillas HP40’s Luis Salom reflects on his season so far, his...
6h ago from MotoGP.com

Relive all of the action from the Catalan GP

Lorenzo made it four in a row in Catalunya, while Viñales recorded his...
6h ago from MotoGP.com

Honda apologise to Stoner for crash at Suzuka 8 Hours

HRC confirm Stoner crash in the Suzuka 8 Hours was due to throttle...
1d ago from MotoGP.com

Oliveira out to ‘complicate’ life for Moto3 leader...

Portugese Moto3 star Oliveira thinks Danny Kent has had it too easy this...
5h ago from BikeSportNews.com

Popular On IndyCarToday.com

Video: IndyCar drivers preview Mid-Ohio

No description available...
1h ago from GPUpdate.net

IndyCar: Honda gets manufacturer points deduction

Honda received a deduction of 100 manufacturer points from IndyCar for...
17h ago from Racer.com

IndyCar: Carlin continues to evaluate IndyCar program

Carlin Racing's introduction to American open-wheel racing has been as...
18h ago from Racer.com

IndyCar: Hondas gets manufacturer points deduction

Honda received a deduction of 100 manufacturer points from IndyCar for...
18h ago from Racer.com

Popular On TotalWRC.com

Neuville crash sparks big rebuild

Neuville crashed at a fast left bend near the end of his first pass...
4h ago from WRC.com

Recce Notes: Neste Oil Rally Finland

Finger postsCorner cutting is common practice in Finland as drivers use...
3h ago from WRC.com

Mental strength key for home favourite Latvala

Jari-Matti Latvala says mental strength will be essential in his bid for...
5h ago from Crash.net

Evans to 'prove' true pace at Rally Finland

Elfyn Evans says he's out to prove the capability of his M-Sport Ford...
3h ago from Crash.net

Popular On GunnersToday.com

Report: Fernando Llorente's agent in Arsenal talks

Fernando Llorente's agent has reportedly been in talks with Arsenal over...
4h ago from SportsMole.co.uk

Arsenal is the best place for new Gunners starlet to...

Arsenal forward Theo Walcott has told Jeff Reine-Adelaide he is at the...
59m ago from TalkSport.com

Arsenal star Laurent Koscielny pulls off stunning...

Arsenal star Laurent Koscielny pulls off stunning rabona in open training...
6h ago from DailyMail.co.uk

Mario Gotze names Arsenal star Jack Wilshere in...

Mario Gotze names Arsenal star Jack Wilshere in five-a-side team...
3h ago from DailyMail.co.uk

Comments

comments powered by Disqus

Hottest News

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.