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Ecclestone considers buying Nurburgring
Ecclestone admitted that it's quite possible that he will buy it
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Edited: Jul 6, 2013, 10:09 AM
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Jul.6 (GMM) Bernie Ecclestone has revealed he is thinking about securing the future of the Nurburgring's Formula One race, by buying the embattled circuit.
Weighed under by financial problems and now for sale, this weekend's round at the famous track in the Eifel only survived on the 2013 calendar because the F1 chief executive heavily reduced his sanctioning fee.
Asked by Die Welt newspaper about the Nurburgring's future beyond the German Grand Prix on Sunday, Ecclestone answered: "It's quite possible that I'll buy it (the circuit).
"At least I'm thinking about it.
Aerial views of the Nurburgring and the new development and facilities around it
Photo by: XPB Images
"If I do that, it would mean the German Grand Prix is secure in the future, taking into account of course the existing contracts with Hockenheim."
The 82-year-old Briton said he will make his final decision "in a few months".
"At any rate," Ecclestone insisted, "the German Grand Prix next year will be at Hockenheim. There are binding contracts and I will keep to them."
The F1 supremo also said he is hoping "two new races" in America will complement the now annual Austin race, "namely in Long Beach and New York (New Jersey)".
And Ecclestone said F1 is also planning races in Thailand, as well as Baku -- the capital of Azerbaijan.
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