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.
Jul 31, 2015, 6:39 PM EDT
Jamin, Cooper emerge victorious to kick off the weekend at Mid-Ohio.
Jul 31, 2015, 5:00 PM EDT
Nasr calls on the team to make it through a rough patch ahead of the next raft of updates in Belgium.
Jul 31, 2015, 4:35 PM EDT
The Mid-Ohio dominator tops Friday practice in 2015.
Jul 31, 2015, 3:00 PM EDT
Verstappen joins Team Redline’s sim racing roster in a bid to keep sharp when not on the track.
Jul 31, 2015, 2:57 PM EDT
Some news and notes from the paddock at the Mid-Ohio Sports Car Course.
Jul 31, 2015, 2:00 PM EDT
We round up all of the latest news and developments in Formula E ahead of pre-season testing next month.
Jul 31, 2015, 1:00 PM EDT
With victory in Hungary, Vettel closed the gap at the top to 42 points – but can he catch Lewis Hamilton and challenge for a fifth world title?
Jul 31, 2015, 12:07 PM EDT
First blood to Bourdais in practice at Mid-Ohio ahead of Power and Newgarden.
Jul 31, 2015, 10:24 AM EDT
Hinchcliffe’s recovery continues following his accident in practice for the Indy 500 back in May.
Jul 31, 2015, 9:30 AM EDT
Gutierrez claims his work in a reserve role at Ferrari is helping to open up some new opportunities for 2016.
Jul 31, 2015, 8:42 AM EDT
Josef Newgarden’s future will become a talking point at some stage, but it appears it will be after the season.
Jul 31, 2015, 7:26 AM EDT
Umphrey’s McGee on a GTSport Racing Porsche Cayman S? Believe it.
Jul 31, 2015, 7:00 AM EDT
TV times from Mid-Ohio this weekend.
Jul 30, 2015, 5:11 PM EDT
Discounted tickets set to go on sale this Friday in a bid to improve attendance figures.
Jul 30, 2015, 4:48 PM EDT
Derrick Walker on the prowl for whatever’s next in his long racing career.
Jul 30, 2015, 3:30 PM EDT
Despite running fifth in the standings with three races to go, Power hasn’t given up on retaining the no. 1 for 2016.
Jul 30, 2015, 2:22 PM EDT
The 2016 F1 season is set to swell to a record 21 races.
Jul 30, 2015, 12:30 PM EDT
Ericsson reflects on his first half-season with Sauber that has brought his first points in F1, but also presented some missed opportunities.
Jul 30, 2015, 12:22 PM EDT
Derrick Walker to resign from INDYCAR at year’s end.
Jul 30, 2015, 11:30 AM EDT
With seven races at Mid-Ohio Sports Car Course this weekend, it’s an important one for the entire Mazda Road to Indy.
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- With 2016 plans undetermined, Newgarden focused on finishing 2015 strong 0
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- Exploring what’s next for Derrick Walker as he announces he’s leaving IndyCar 0
- INDYCAR announces Derrick Walker has resigned from series 9
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