Nürburgring’s F1 future after 2013 uncertain

13.07.02.german.gp.prev.pr.pic.1

The future running of the Nürburgring’s Formula 1 race beyond this weekend’s German Grand Prix is uncertain.

We reported last week that the event is only on this year’s calendar because Bernie Ecclestone waived his usual sanctioning fee – believed to be  € 14 million.

Track boss Karl-Josef Schmidt admitted on Wednesday to the German news agency DPA that the arrangements with Ecclestone for the 2013 race are “unique”.

But he said the reports of a € 14 million ‘gift’ from Ecclestone are nonsense.

The F1 chief executive took responsibility for “part” of the fee, “not the whole thing”, Schmidt clarified.

For the race organisers, he added, 2013 is more about keeping the race at the Nurburgring – which is for sale – rather than making a profit.

But beyond 2013, the Nurburgring’s future in F1 “remains open”, the DPA report concluded. (GMM)

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