Jun 17, 2014, 7:28 PM EDT
The German Grand Prix has alternated between the Nurburgring and Hockenheim on a yearly basis since 2008. But that may soon be changing.
A German newspaper, the Rhein Zeitung, is reporting that the Nurburgring – which was sold earlier this year to automotive group Capricorn – has secured a five-year agreement with Formula One supremo Bernie Ecclestone to stage the German Grand Prix annually, starting in 2015.
Hockenheim will stage this year’s German round and is currently slated to do the same in 2016 and 2018.
Regarding the reported agreement, Hockenheim chief executive Georg Seiler was quoted by Australian news agency AAP saying: “The fact is that I was surprised by the news.”
He also said in the AAP report that he had “always known and respected Mr. Ecclestone as a fair and good partner.”
Back in 2006, it was announced that this particular race would flip between Nurburgring and Hockenheim in the face of both tracks facing financial struggles.
However, a dispute between the tracks over naming rights caused the 2007 race to run at Nurburgring under the European Grand Prix moniker. The German GP proper returned in 2008 at Hockenheim.
It is also being reported that as part of Capricorn’s deal to purchase Nurburgring, 25 million Euros will be earmarked for expansion of the track. Leading up to the Capricorn deal, Ecclestone said that he had put in a bid for Nurburgring, which proved unsuccessful.
The track went into bankruptcy in 2012 after previous owners amassed major debts following construction of an entertainment complex that included a shopping mall and amusement park.
Oct 24, 2014, 11:50 PM EDT
In a surprisingly candid admission, six-time Sprint Cup champ Jimmie Johnson says that while nothing is imminent, the day is coming when he and crew chief Chad Knaus will go their separate ways.
Oct 24, 2014, 11:32 PM EDT
In a bemusing video released Thursday, NASCAR star Kevin Harvick spent one of his recent off nights working the room at an Outback Steakhouse.
Oct 24, 2014, 10:30 PM EDT
On Thursday, Jeff Gordon delivered the one millionth meal served by one of Gordon’s key sponsors, the Drive To End Hunger.
Oct 24, 2014, 10:26 PM EDT
Jimmy Prock, who resigned earlier this week as crew chief for 16-time Funny Car champ John Force, has been hired by rival Don Schumacher Racing.
Jeff Gordon would love to return to Saturday Night Live — and wants to bring Ricky Funck with him (video)
Oct 24, 2014, 7:59 PM EDT
Jeff Gordon said Friday he wants to return to host Saturday Night Live for a second time — and he wants to reprise the hysterical “Ricky Funck” character.
Oct 24, 2014, 6:37 PM EDT
A loose car and two brushes with the wall has put Kevin Harvick in a deep hole at the start of Sunday’s Eliminator Round opener.
Oct 24, 2014, 6:06 PM EDT
If racing at Martinsville Speedway was like buying an ice cream cone, Jamie McMurray double-dipped during Friday’s Sprint Cup qualifying, earning the pole and setting a new track speed record (99.905 mph) in the process.
Oct 24, 2014, 5:19 PM EDT
Both Blaney and Wallace are within 30 points of championship leader Matt Crafton going into tomorrow’s Camping World Truck Series race at Martinsville.
Oct 24, 2014, 4:30 PM EDT
A fifth win at Martinsville would put Hamlin into the Sprint Cup Championship Race at Homestead.
Oct 24, 2014, 3:25 PM EDT
Danica, who will swap CCs with teammate Kurt Busch starting next week at Texas, says she’s looking forward to working with the engineering-based Daniel Knost.
Oct 24, 2014, 2:15 PM EDT
GT/GTS races confirmed for split in 2015 by the Pirelli World Challenge series.
Oct 24, 2014, 1:40 PM EDT
Gordon leads group of four Chasers in Top 5 speeds; all 8 remaining Chasers within Top 15.
Oct 24, 2014, 1:30 PM EDT
Formula 1’s new technical regulations prompted Lotus to use a twin-tusk nose for 2014, but this could be scrapped for next season.
Oct 24, 2014, 1:15 PM EDT
The reigning Sprint Cup champion moves forward.
Oct 24, 2014, 12:50 PM EDT
Bernie Ecclestone allows the team to miss the next two races as it searches for a buyer.
Oct 24, 2014, 12:30 PM EDT
Deputy team boss Federico Gastaldi says the team is close to finalizing its drive line-up, with Grosjean in pole position for the seat.
Oct 24, 2014, 12:07 PM EDT
A win for Kenseth this Sunday would also put him into the Sprint Cup Championship Race at Homestead next month.
Oct 24, 2014, 11:45 AM EDT
Two-time Formula One World Champion Emerson Fittipaldi will make an appearance at Austin’s Circuit of the Americas next week as part of a COTA fan experience.
Oct 24, 2014, 11:30 AM EDT
Ricciardo full of praise for Austin and the Circuit of the Americas ahead of next weekend’s race.
The man behind the sculptures: William Behrends’ presence endures for Borg-Warner Trophy, and Giants legends
Oct 24, 2014, 11:09 AM EDT
Statues outside AT&T Park and the faces on the Borg-Warner Trophy share a common thread, in sculptor William Behrends.
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