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.
Juan Pablo Montoya, Will Power go looking for something to do in Mansfield, Ohio — they wind up with ‘Sex Tape’
Jul 25, 2014, 5:42 PM EDT
After a long day of testing at Mid-Ohio Sports Car Course, Penske Racing teammates Juan Pablo Montoya and Will Power went to see a movie Wednesday in Mansfield, Ohio. Check out Montoya’s hilarious tale about what they saw.
Jul 25, 2014, 5:00 PM EDT
“Every day I wake up and I’m like, ‘Yes, let’s do it again.’ Then there are thoughts of ‘I finished sixth, that’s pretty special.’ I don’t know if I could achieve that result again.” – Outlaw
Jul 25, 2014, 4:45 PM EDT
INDIANAPOLIS – Juan Pablo Montoya has twice come close to winning the Brickyard 400, only to suffer maladies that kept him from kissing the finish line bricks at Indianapolis Motor Speedway in celebration.
Jul 25, 2014, 3:31 PM EDT
The former Sprint Cup champion steps behind the counter and serves up cold ones…Of truth.
Jul 25, 2014, 2:58 PM EDT
INDIANAPOLIS — Everyone seems to be concerned Matt Kenseth hasn’t won a race thus far in 2014 – everyone, that is, except Kenseth himself.
Jul 25, 2014, 2:17 PM EDT
The four-time Brickyard 400 champion says he had to go against his “natural tendencies” as a driver in order to become as successful as he has been at Indy.
Jul 25, 2014, 2:00 PM EDT
All of the latest news and analysis from the paddock at the Hungaroring.
Jul 25, 2014, 2:00 PM EDT
Red Bull leading the race for the podium in Hungary, but Ricciardo still has some concerns.
WATCH LIVE: NASCAR AMERICA at 5 pm ET — Hornish on nuances of Indy, JJ and Bowyer, Indiana racing history
Jul 25, 2014, 1:40 PM EDT
On Friday’s edition of NASCAR America, Leigh Diffey will again be joined in-studio by 2006 Indianapolis 500 winner and 2014 Nationwide Series Iowa winner Sam Hornish Jr.
Jul 25, 2014, 1:30 PM EDT
P1 and P2 in both practice sessions, but not 100% where they want to be.
Jul 25, 2014, 1:20 PM EDT
Defending Brickyard 400 winner would push for mid-week races if he were in charge of creating the Sprint Cup schedule.
Jul 25, 2014, 1:15 PM EDT
INDIANAPOLIS – Matt Kenseth took the first step towards his first win of 2014 – and his first career win in the Brickyard 400 – recording the fastest speed in Friday’s sole Sprint Cup practice session at Indianapolis Motor Speedway.
Jul 25, 2014, 1:00 PM EDT
Brembo and Mercedes release a joint statement concerning the incident during qualifying for the German Grand Prix.
Jul 25, 2014, 12:11 PM EDT
Nationwide Series rookie continues to show strong pace ahead of Saturday’s Lilly Diabetes 250.
Jul 25, 2014, 11:39 AM EDT
Four-time Brickyard champ: “From an overall strength of the team and speed of the cars, this is by far the best chance we’ve had of winning in a long time.”
Jul 25, 2014, 11:30 AM EDT
Alonso to McLaren? Vettel to Mercedes? Hamilton to who-knows-where? Silly season is beginning to churn out some cracking stories already in F1.
Jul 25, 2014, 10:30 AM EDT
Baku set to host a street race from 2016.
Jul 25, 2014, 10:18 AM EDT
The Sprint Cup regular topped out with a lap of 181.043 mph on his 12th and final lap of the session.
Jul 25, 2014, 10:00 AM EDT
Mercedes driver confirms that talks about a new deal have not yet begun, but suggests that it is merely a formality.
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