Buying Nürburgring would be impractical: Ecclestone

    Billionaire denies rumours that he's in the running to buy the 'Ring

    Published On Jul 12, 2013 06:47:00 PM

    1,686 Views

    Following the collapse of track operator Nürburgring GmbH back in May, rumours surfaced that billionaire Ecclestone was in the running to buy the track. He even went so far as to tell a German newspaper that buying the rights to the track would "mean the German Grand Prix is secure in the future".
     
    However, the 82-year-old has since denied that he has put in a bid for the track before the deadline of 12 June. He told another German newspaper that it would be impractical for him to take on the rights to the ’Ring.
     
    Ecclestone isn't the only private party alleged to be interested in acquiring the famous track. Red Bull boss Dietrich Mateschitz is reported to have submitted a joint bid with German association ADAC.
     
    Earlier this year it was revealed that bids to buy the circuit would have to be in the region of £112 million.

    Copyright (c) Autocar UK. All rights reserved.

    Comments

    ×
    img

    No comments yet. Be the first to comment.

    Ask Autocar Anything about Car and Bike Buying and Maintenance Advices
    Need an expert opinion on your car and bike related queries?
    Ask Now

    Search By Car Price

    Poll of the month

    The Creta will be the third Hyundai N-Line model in India. Should more mass-market brands have sporty sub-brands?

    Yes, it's something special for enthusiasts

     

    18.49%

    Yes, but only if there is increased performance

     

    44.28%

    No, it's just a gimmick to increase the price

     

    29.35%

    It doesn't always work; just look at Tata JTP

     

    7.89%

    Total Votes : 1547
    Sign up for our newsletter

    Get all the latest updates from the automobile universe