Jan 15, 2014, 3:33 PM EST
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.”
Jan 31, 2015, 12:23 AM EST
Wendell Scott’s induction to the NASCAR Hall of Fame completed a long journey for his family.
Jan 30, 2015, 10:44 PM EST
Five NASCAR legends achieve the sport’s highest honor.
Jan 30, 2015, 9:30 PM EST
CLICK HERE for stream links to the special event involving former NFL greats and NASCAR drivers.
Jan 30, 2015, 7:00 PM EST
The son of NASCAR’s first African-American winner of a premier series race talks with NASCAR AMERICA’s Marty Snider about his father’s accomplishments.
Jan 30, 2015, 6:30 PM EST
CLICK HERE for stream links to tonight’s NBCSN coverage of the NASCAR Hall of Fame’s Class of 2015 Induction Ceremony in Charlotte, N.C.
Jan 30, 2015, 6:15 PM EST
Petty, a member of the NASCAR Hall of Fame’s inaugural class of inductees, speaks with NASCAR AMERICA’s Kelli Stavast before tonight’s Class of 2015 ceremonies.
Jan 30, 2015, 6:00 PM EST
Brasilia cancellation provides the latest chapter in the roller coaster ride that has been IndyCar’s international dalliance.
Jan 30, 2015, 4:05 PM EST
Alex Bowman joins Tommy Baldwin Racing for the 2015 season, replacing Michael Annett, who left for a ride at Scott Motorsports.
Jan 30, 2015, 4:00 PM EST
Coming up today: Live interviews and red carpet arrivals for tonight’s NASCAR Hall of Fame induction ceremony; a closer look at the careers of all five inductees; Gridiron Challenge preview.
Jan 30, 2015, 3:30 PM EST
2015 will be the first year that Hulkenberg has raced in F1 for two straight years with the same team.
Jan 30, 2015, 3:18 PM EST
Luca Filippi gets the opportunity several coveted, and will now have the chance to seize.
Jan 30, 2015, 2:30 PM EST
He is widely touted as being one of the brightest talents on the cusp of F1, but 2015 will be a big year for Raffaele Marciello.
Jan 30, 2015, 1:45 PM EST
With Sauber, the Swede hopes he can continue to develop and make up for a difficult rookie year with Caterham.
Jan 30, 2015, 1:15 PM EST
Marco Andretti set for a new number while Andretti Autosport continues to sort out the rest of its IndyCar lineup.
Jan 30, 2015, 12:30 PM EST
After boldly stating in 1999 that “all that can be achieved has been achieved”, Toyota will return to the WRC upon the next regulation change.
Jan 30, 2015, 12:00 PM EST
A full download of all posts from NASCAR Media Tour on NBCSports.com.
Jan 30, 2015, 11:30 AM EST
Australian driver does not feel under any added pressure in 2015 despite appearing to be the new team leader.
Jan 30, 2015, 11:15 AM EST
First video from Gridiron Challenge now up, in advance of the full event set to air tonight at 10 p.m. ET on NBCSN.
Jan 30, 2015, 10:51 AM EST
The No. 10 WTR Corvette DP reclassified to last in P after drive-time violation at Rolex 24 at Daytona.
Jan 30, 2015, 10:45 AM EST
After a miserable 2014, Raikkonen hopes that the new season and a new car will bring better fortunes for Ferrari.
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