Bernie Ecclestone Might Buy Financially Troubled Nürburgring Circuit
Cars

Bernie Ecclestone Might Buy Financially Troubled Nürburgring Circuit



The Nürburgring racetrack, located in the Eifel hills in western Germany, has been reporting serious financial problems in the last year, culminating with their filing for bankruptcy in July of 2012. Now, exactly one year later, it remains without an owner, but that may soon change, if F1 boss Bernie Ecclestone decides that he wants to spend the $170 million (€130 million) required in order to buy it, says Die Welt. Read more »




- Ecclestone Warns Red Bull Against Leaving, Calls For Independent Engine Supplier
While F1 boss Bernie Ecclestone has been struggling to find ways to keep Red Bull from pulling out, the Milton-Keynes based team still hasn't made up its mind. Read more »...

- Nürburgring Racetrack Files For Bankruptcy
The world's most famous racetrack and home to Germany's F1 circuit (alternating with Hockenheim), the Nürburgring, has fallen into insolvency as the state-owned firm that owns it cannot pay its bills. The German state of Rhineland-Palatinate,...

- Formula 1: Bernie Ecclestone Extends Austin Deadline, Says Europe “is Finished”
On November 18, Formula 1 supremo Bernie Ecclestone issued an ultimatum to the organizers of the Circuit of Americas in Austin, Texas, that was supposed to host F1’s return to the U.S. Ecclestone had said at the time that they had a week to get...

- Austin, Texas F1 Track Given One Week Deadline To Solve Its Problems
Despite all the publicity surrounding the return of Formula 1 in the U.S. next year, it looks increasingly unlikely that the event will take place in the brand-new Circuit of Americas track located in Austin, Texas. Bernie Ecclestone, longstanding F1...

- Formula 1: Loss-making Korean Gp To Receive The Axe?
Just two years after entering the Formula 1 calendar, the future of the Korean Grand Prix looks bleak. The organizers are suffering heavy losses, most of which they attribute to the high fees paid to Bernie Ecclestone. According to ESPN, this year's...



Cars








.