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.”
Mar 9, 2014, 10:30 AM EDT
March 16th 2014 will be an important date in Daniel Ricciardo’s diary. Having made his debut mid-way through the 2011 season for HRT, the Australian driver will finally get the chance to prove his worth as he makes his first appearance for Red Bull. The defending world champions promoted Ricciardo from sister team Toro Rosso…
Mar 9, 2014, 9:47 AM EDT
Spaniard laments lack of testing ahead of new era for Formula 1.
Mar 9, 2014, 7:30 AM EDT
Finn returns to Ferrari after five years away; hopes to repeat win on debut from 2007.
Mar 8, 2014, 10:19 PM EDT
In one moment, the former Sprint Cup champ goes from battling for the lead to battling to save his skidding Toyota.
Mar 8, 2014, 9:09 PM EDT
NASCAR says both issues will be dealt with early next week.
Mar 8, 2014, 8:32 PM EDT
Plus: Dale Jr. is pleased with the work from his JR Motorsports teammates and RCR has more than a few speeding issues.
Mar 8, 2014, 7:30 PM EDT
“Rowdy,” lapped traffic, and a failing alternator were all unable to keep Bad Brad from taking the win.
Mar 8, 2014, 6:20 PM EDT
The Nationwide Series driver is the first NASCAR racer to take part in a major anti-bullying program.
Mar 8, 2014, 6:00 PM EDT
After finishing seventh in the season-opening NextEra Energy Resources 250 at Daytona International Speedway, Jeb Burton will be back behind the wheel for ThorSport Racing later this month at Martinsville.
Mar 8, 2014, 5:00 PM EDT
Although a number of Sprint Cup drivers were quite vocal Friday about NASCAR’s new “knockout” qualifying system, particularly when their cars enter pit road and how to keep their motors cool, NASCAR will likely keep the format as is for the time being.
Mar 8, 2014, 4:36 PM EDT
Neither Joey Logano or Brad Keselowski have ever won at Las Vegas.
Mar 8, 2014, 3:47 PM EDT
Jamie McMurray was the fastest driver in Saturday’s final practice for Sunday’s Kobalt 400 at Las Vegas Motor Speedway. McMurray’s best lap was his first of the final session, covering the progressively-banked 1.5-mile surface at 186.942 mph. A close second was Daytona 500 pole sitter Austin Dillon at 186.896 mph. Third through fifth were Clint…
Mar 8, 2014, 3:25 PM EDT
The F1 supremo and the Russian president talk in Sochi, site of this fall’s Russian Grand Prix.
New online network prepares to launch, will feature lower-tier NASCAR series, sports cars, motorcycle racing
Mar 8, 2014, 3:00 PM EDT
A new online-only network that will focus on some of NASCAR’s lower-tier series, as well as similar series in sports car and motorcycle racing, will make its debut this Wednesday, March 12.
Mar 8, 2014, 2:30 PM EDT
The 2012 Sprint Cup champion writes about perhaps the most critical opportunity of his career.
Mar 8, 2014, 2:10 PM EDT
Ty Dillon will pace the field in this afternoon’s 2014 Boyd Gaming 200 Nationwide Series race, having earned his first career NNS pole Saturday morning at Las Vegas Motor Speedway.
Mar 8, 2014, 1:30 PM EDT
First his truck made it into the NASCAR Hall of Fame. Now, NASCAR Camping World Trucks Series driver Darrell “Bubba” Wallace hopes someday he’ll be reunited with the truck if he is fortunate enough to make the Hall of Fame as an inductee.
Mar 8, 2014, 1:30 PM EDT
The cars mark the 25th anniversary of the partnership between the department store giant and the legendary race team.
Mar 8, 2014, 12:51 PM EDT
Michael Waltrip Racing teammates Brian Vickers and Clint Bowyer were fastest in Saturday morning’s first of two Sprint Cup practice sessions for Sunday’s Kobalt 400 at Las Vegas Motor Speedway.
Mar 8, 2014, 12:27 PM EDT
Jimmie Johnson has seen a big change in Dale Earnhardt Jr. this season, particularly in confidence.
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- Kurt Busch gives IndyCar chance to show they’ve learned lesson on promotion (10)
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- Alonso discovers an F1 take on Ellen’s Oscar “Selfie” (6)
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