Jan 15, 2014, 3:33 PM EDT
Formula One supremo Bernie Ecclestone is looking to buy perhaps the most hallowed track in the history of the sport. Reuters reported today that that the British billionaire has put in a bid to acquire the Nurburgring, which has fallen on hard times financially in recent years.
According to Reuters, the assets up for bidding include the track and an adjacent amusement park. An official for the administrators told Reuters that they would not comment on specific bidders but are looking to have a new owner in place soon so they “can start the season in April.”
The famous Nurburgring Nordschleife course has not hosted a Formula One Grand Prix since 1976 – a race known for the fiery wreck that almost took the life of three-time World Champion Niki Lauda. A smaller, modern circuit near the original has alternated with Hockenheim as host of Germany’s F1 event since 2007.
Nurburgring fell into bankruptcy in 2012 after its organization amassed major debts following the construction of a major complex at the track that included the aforementioned amusement park and a large shopping mall. Bigger crowds didn’t appear as expected, and in 2013, bidding began for potential buyers.
Ecclestone had pondered the idea of putting in a bid last year, telling one German publication, Die-Welt, in July that he was “at least thinking about” going ahead with it. But shortly after, he told another German publication, the Rhein-Zeitung newspaper, that he’d decided it wasn’t practical for him.
Now, it appears that he’s had yet another change of heart on the subject.
“We made an offer and we now wait for it to be accepted,” he’s told the Handeslblatt and Wirtschaftwoche publications according to Reuters. “We believe that we can do more than anyone else for the circuit. There could be a decision as early as in the coming weeks.”
Sep 5, 2015, 7:45 AM EDT
Lewis Hamilton goes in search of his 11th pole position of the 2015 season at Monza on Saturday.
Sep 5, 2015, 6:07 AM EDT
Hamilton leads the way from Vettel and Rosberg in final practice at Monza.
Sep 5, 2015, 4:45 AM EDT
Lewis Hamilton bids to complete a clean sweep of practice sessions on Saturday morning at Monza.
Sep 4, 2015, 5:00 PM EDT
Gasly storms to pole ahead of Mitch Evans and Stoffel Vandoorne as American driver Alexander Rossi struggles to P10 on the grid.
Sep 4, 2015, 4:00 PM EDT
Ecclestone backs Vettel to win a fifth world championship during his time with Ferrari.
Sep 4, 2015, 2:00 PM EDT
After being the enemy for the Ferrari fans in the past at Monza, Vettel will now carry their hopes of a home win on his shoulders.
Sep 4, 2015, 1:00 PM EDT
Despite finishing well clear of the chasing pack on Friday in practice, Hamilton believes he can go faster still.
Sep 4, 2015, 12:00 PM EDT
Sebastian Vettel, Fernando Alonso and Jenson Button among those running with a sticker paying tribute to Wilson on their helmets at Monza.
Sep 4, 2015, 11:30 AM EDT
IndyCar’s season recap airs tonight at 11:30 p.m. ET on NBCSN.
Sep 4, 2015, 10:59 AM EDT
Will Buxton brings you the latest news, interviews and insight from the paddock ahead of this weekend’s Italian Grand Prix.
Sep 4, 2015, 10:26 AM EDT
F1 drivers react to idea of closed cockpits possibly being introduced down the road.
Sep 4, 2015, 10:11 AM EDT
Will Buxton and Jason Swales head to Silverstone to give you a behind-the-scenes look at the British Grand Prix in the latest episode of Off The Grid.
Sep 4, 2015, 9:58 AM EDT
First round of funeral details for Justin Wilson have been confirmed.
Sep 4, 2015, 9:31 AM EDT
Mercedes romps to another one-two finish in FP2 as the rest of the field is left trailing behind.
Sep 4, 2015, 8:45 AM EDT
Jota Sport confirms it will expand its LMP2 programme for 2016 to compete in the full WEC season.
Sep 4, 2015, 7:45 AM EDT
Lewis Hamilton will be hoping to double up in FP2 after topping first practice on Friday morning.
Sep 4, 2015, 5:31 AM EDT
Hamilton finishes half a second clear of Rosberg to top FP1 on Friday.
Sep 4, 2015, 3:45 AM EDT
The Italian GP weekend kicks off with FP1 at 4am ET on Friday.
Sep 3, 2015, 6:55 PM EDT
Here’s all the information you need to know about this weekend’s 61st annual Chevrolet Performance U.S. Nationals at Lucas Oil Raceway in suburban Indianapolis:
- WATCH LIVE: Italian GP qualifying on NBCSN and Live Extra from 8am ET 0
- Hamilton completes practice clean sweep at Monza 0
- F1 Paddock Pass: Italian Grand Prix (VIDEO) 0
- Off The Grid: Silverstone preview (premieres 9/6 on NBCSN) 0
- Hamilton quickest again in second Italian GP practice 2
- Hamilton leads Mercedes one-two in Italian GP FP1 1
- NHRA: All you need to know about the 61st U.S. Nationals 1