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

Finding speed key for Lorenzo

After finishing fifth in the opening three races of the season Jorge...
11h ago from MotorcycleNews.c...

Marquez in doubt for Jerez after finger surgery?

Reigning double MotoGP champion Marc Marquez has undergone surgery after...
1d ago from Crash.net

Redding looks for setup solutions in Spain

Scott Redding took a step back in Argentina with the Marc VDS rider...
19h ago from MotorcycleNews.c...

Marquez breaks finger in training crash

REPSOL Honda rider Marc Marquez fractured his little finger of...
1d ago from VisorDown.com

Popular On IndyCarToday.com

Newgarden Takes Maiden Win at Barber

An outstanding race full of strategy and passing saw Josef Newgarden hold...

Mick Schumacher wins third-ever car race in German F4

Mick Schumacher, the 16-year-old son of seven-time Formula 1 World...
13h ago from Motorsport.com

Castroneves outruns the rain to win Alabama pole

– Hélio Castroneves put in a quick lap early in the third...
1d ago from GPUpdate.net

Vaxiviere beats de Vries after dramatic last lap clash

Matthieu Vaxiviere won the second Formula Renault 3.5 race at Aragon after...
14h ago from Motorsport.com

Popular On TotalWRC.com

Rally Argentina WRC: Result

Result for the fourth round of the 2015 FIA World Rally Championship...
11h ago from Crash.net

BREAKING NEWS: Meeke nets maiden win

The Northern Irishman led home team-mate Mads Østberg by 18.1sec after...
11h ago from WRC.com

Emotional Meeke wins in Argentina

The Northern Irishman headed Citroën team-mate Mads Østberg by 18.1sec...
9h ago from WRC.com

Hyundai Motorsport fights to fifth and scores Power...

Hyundai Motorsport has salvaged a top-five finish from an extremely tough...
9h ago from Motorsport.com

Popular On GunnersToday.com

Martin Keown questions Arsene Wenger's team selection...

Former Arsenal defender Martin Keown has said that Arsene Wenger made a...
1h ago from SportsMole.co.uk

Arsenal 0 Chelsea 0: Cesc Fabregas gives the respect...

In the end, he won them over, which seemed only right after serving the...
6h ago from Telegraph.co.uk

Arsène Wengerfrustrated as Arsenal fail to break down...

This game had staggered into its final quarter-hour when Arsenal’s...
6h ago from TheGuardian.com

Half-Time Report: Goalless between Arsenal, Chelsea

Arsenal and Chelsea are playing out a goalless draw in an eventful...
12h ago from SportsMole.co.uk

Comments

comments powered by Disqus

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.