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 »
2y 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...
2y ago from F1Plus.com

Ecclestone begins search for successor

Formula One supremo Bernie Ecclestone has revealed he is looking for...
2y ago from SuperSport.com

Ecclestone: NASCAR is a domestic series

F1 supremo Bernie Ecclestone has hit back at the Texas Motor Speedway...
2y ago from Pitpass.com

F1 going to Azerbaijan Ecclestone

The Azerbaijan Grand Prix around the streets of Baku is set to join the F1...
2y ago from Crash.net

Elsewhere On The Network

Popular On MGPToday.com

MotoGP: Honda rumoured to be experimenting with big...

While most of the MotoGP paddock headed home to take a few days’...

Lorenzo could be in trouble - Crutchlow

Cal Crutchlow believes that Jorge Lorenzo is showing signs of being...
1d ago from SuperSport.com

Crutchlow: Ducati needs Marquez, not Lorenzo, to be...

Former Ducati factory rider Cal Crutchlow says the Italian marque should...
2d ago from Motorsport.com

Analysis: Why Honda's rise should make Yamaha worried

With Marc Marquez now on the brink of a third MotoGP title, Yamaha must...
1d ago from Motorsport.com

Popular On IndyCarToday.com

Michael Andretti extends deal with Bryan Herta

Andretti Autosport has announced it will continue its partnership with...
2h ago from Motorsport.com

Bryan Herta/Andretti renew partnership

– Bryan Herta Autosport and Andretti Autosport have confirmed that...
43m ago from GPUpdate.net

INDYCAR: Andretti, BHA extend partnership

Andretti Autosport will extend its partnership with Bryan Herta Autosport...
1h ago from Racer.com

INTERVIEW: Pagenaud, rebooted

Page 1 of 2 It's a chilly February morning at Indianapolis Motor...
6h ago from Racer.com

Popular On TotalWRC.com

Ogier leads Meeke after first Corsica morning

Volkswagen's Sebastien Ogier quickly established a comfortable lead on the...
6h ago from EuroSport.com

SS2: Emphatic Ogier stretches Corsica lead

Meeke and Neuville in pursuit of Frenchman
8h ago from WRC.com

Corsica WRC: Ogier takes 15-second lead after two...

Local driver Sebastien Ogier took the early lead in Rally Corsica by...
8h ago from Motorsport.com

SS1: Ogier sets pace in Corsica

Championship leader wins opening speed test
10h ago from WRC.com

Popular On GunnersToday.com

Wenger: Why not manage England?

e Wenger isn't ruling out becoming England boss, but has insisted he is...
7h ago from ESPNFC.co.uk

Arsene Wenger won't rule out another five years at...

Jean Petit believes his former colleague Arsene Wenger would do well...
8h ago from ESPNFC.co.uk

The Sweeper: 20 years in charge Arsene!

FC's Mark Donaldson breaks down the latest from social media, including...
3h ago from ESPNFC.co.uk

Comments

Hottest News

Alonso boosted by McLaren improvements

Fernando Alonso was left boosted by McLaren's... Read More »
6h ago from GPUpdate.net

Practice 2 Results – 2016 Malaysian Grand Prix

Friday second free Practice Results – Formula 1... Read More »
11h ago from ThisIsF1.com

Alonso recommends Sainz for McLaren-Honda future

Fernando Alonso says Carlos Sainz would be a good... Read More »
8h ago from ThisIsF1.com

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.