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.”
Apr 21, 2014, 10:45 AM EDT
Ferrari’s Fernando Alonso continues to extract the maximum – and then some – of a car that is maybe third or fourth best in the field at the moment.
Apr 21, 2014, 10:00 AM EDT
We compare each driver’s tally for the first four races of the 2013 and 2014 seasons – three of the five world champions on the grid are worse off.
Apr 21, 2014, 9:00 AM EDT
A rather drab race in China, but Mercedes won’t mind after extending its championship lead once again.
Apr 21, 2014, 8:00 AM EDT
Button and Magnussen can only bring their cars home in 11th and 13th on Sunday in China.
Apr 20, 2014, 6:00 PM EDT
Former Red Bull F1 driver finishes third, while Porsche’s GTE-Pro squads finish 1-2 in class.
Apr 20, 2014, 5:10 PM EDT
Trophies and big paychecks are no longer the only things a NASCAR Sprint Cup driver and team get when they win a race. Now they get a big breakfast, too. According to Statesville.com, the Boxcar Grille in Statesville, N.C., has begun serving breakfast to winning teams in the Charlotte area after they return from capturing a Cup race.
Apr 20, 2014, 4:30 PM EDT
Both of their Le Mans Prototypes fail to see the checkered flag at Silverstone due to accidents.
Apr 20, 2014, 4:10 PM EDT
While he probably can’t throw a football more than 20 or 30 yards, Chad Knaus is a diehard Carolina Panthers fan. And while football and stock car racing are polar opposites, they do have some similarities, particularly when it comes to team building, success, strategy and preparation for each game or race. Knaus, a six-time Sprint Cup champion crew chief for Jimmie Johnson, recently called Panthers’ head coach Ron Rivera to throw around and share ideas that might be beneficial to both men.
Apr 20, 2014, 2:49 PM EDT
Hermie Sadler will never be confused with former wrestling greats Hulk Hogan, The Rock, Stone Cold Steve Austin – not even Rik “Wooooo” Flair. But the NASCAR analyst for Fox Sports 1 has been a longtime fan of wrestling and will now become somewhat of a decision maker, too.
Apr 20, 2014, 1:58 PM EDT
Sebastien Buemi, Anthony Davidson, and Nicolas Lapierre take the No. 8 Toyota to the win in the Six Hours of Silverstone.
Apr 20, 2014, 1:07 PM EDT
More than 20 years after graduating, Dale Earnhardt Jr. is going back to school. Well, for at least one day. Earnhardt will take part in a two-hour session on May 8 with two student groups, wrapped around an all-school assembly at Seaman High School in Topeka, Kansas, according to a report in the Topeka Capital-Journal.
Apr 20, 2014, 12:00 PM EDT
We hope your Easter’s filled with family, friends…and maybe some jelly beans.
Apr 20, 2014, 9:45 AM EDT
Finn can only come home in eighth for Ferrari, some 50 seconds behind teammate Fernando Alonso.
Apr 20, 2014, 9:00 AM EDT
Largely unnoticed, these two youngsters were brilliant today in China.
Apr 20, 2014, 8:00 AM EDT
German driver saw no reason to follow team orders, but soon realised that there was no point in holding Ricciardo up.
Apr 20, 2014, 7:15 AM EDT
German driver downbeat after losing to Hamilton yet again, but in the grand scheme of things, it was a great result.
Apr 20, 2014, 6:30 AM EDT
Embarrassing error sees race end on lap 54, not lap 56; Kobayashi the only driver to lose a position.
Apr 20, 2014, 6:15 AM EDT
Ferrari ends torrid week with something to smile about as Alonso finishes third in China.
Apr 20, 2014, 5:47 AM EDT
German driver refuses to let Daniel Ricciardo past at first, but ultimately thinks better of it.
Apr 20, 2014, 5:30 AM EDT
British driver delighted with team effort, and pleased to see teammate Nico Rosberg reach the podium again.
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