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More news on the Nurburgring

Bernie Ecclestone

We’re keeping you up to date regarding the Nurburgring financial problems, and we talked about Bernie Ecclestone, the top-dog of Formula 1, saying that he would do everything in his power to keep the ‘Ring from going bankrupt.

Well now the German newspaper Rheinpfalz is reporting that Ecclestone is actually looking into actually buying the Nurburgring race track. Whilst a majority of average individuals have to balance out their budgets carefully and think about what every above-average purchase will do to their finances, Ecclestone has some rather deep pockets, and while this may have brought him problems in the past, this is the type of situation in which they can be very useful indeed.

Ecclestone isn’t going to buy the actual track; instead he’s interested in purchasing the company that owns it. There are no specifics and no financial details related to this possible purchase, but it is well-known that Ecclestone is adamant about having a Formula One race on one of the most famous tracks in the world – but more interesting he said that this would not happen at his expense.

This last part would seem to negate what we previously reported about the F1 waiving their sanctioning fee in order to bring an F1 race to the track, we still don’t know what exactly is going to happen.

It is worth to mention that this isn’t the first time that Ecclestone is dealing with track buying, a few years ago he bought up a controlling stake in the Turkish GP race track, and he also owns the Paul Richard test circuit in France.

It now appears that he’s looking into snatching up what is arguably the most famous race track in the world, we’ll see what happens next and we’ll report it back to you as soon as we find out.

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