Ecclestone generosity saves German GP at Nurburgring 26 June, 2013 Bernie Ecclestone Germany is only on this year’s Formula 1 calendar because Formula 1 supremo Bernie Ecclestone has waived the Nurburgring’s usual race fee. That is the claim of Bild newspaper, referring to that circuit’s financial problems that put at risk the race-alternating scheme with Germany’s other F1 host, Hockenheim. Bild reports that, to ensure that the embattled Nurburgring takes its scheduled turn next weekend, Formula 1 chief executive Ecclestone agreed to waive his organisation’s usual € 14 million race fee. “Bild has learned that without the gift, there would not have been a Grossen Preis von Deutschland on 7 July,” correspondent Helmut Uhl said. “The Rhineland-Palatinate state and the insolvent Nurburgring GmbH could not have afforded the fee.” A spokesman for the company responsible for the Nurburgring’s insolvency process confirmed: “We achieved an agreement in a very short time with Mr Ecclestone. “The details are not [to be] disclosed.” The Nurburgring’s insolvency administrator Jens Lieser added: “With his commitment to the Nurburgring, Mr Ecclestone did German F1 fans a big favour.” (GMM) Subbed by AJN. Content on GrandPrix247.com by: staff & contributors, Reuters syndication, GMM service, Getty Images, Formula 1 teams, sponsors & organisations.