The continued concern over the future of the Nurburgring has a sign of life and may be fogging a mirror. According to Frankfurter Allgemeine, the circuit is positive about its future and the 2013 German Grand Prix:
“I am very optimistic that the Formula 1 will continue next year at the Nurburgring,” Nurburgring chief Jörg Lindner was quoted as saying.
According to AUTOSPORT, the Ring has secured financing to help it avoid insolvency and move forward.
The Rhineland-Palatinate’s state legislature has approved 254 million Euro to help guarantee a 330 million Euro loan that was handed to it for the circuit improvements.
As our own Mark Hallam said, the challenges are not particularly with the circuit but all of the attractions that were built around it. The difficulty will be separating the circuit from the attractions and many think this will have to happen if the track is to move forward. formula One boss Bernie Ecclestone warned that the Ring needed to sort its issues or the German Grand Prix would head back to Hockenheim which trades the race with the Ring on alternating years. Let us hope this is good news.
