IS THE NURBURGRING ABOUT TO GO BANKRUPT?
The Nurburgring's future is uncertain as European Commission puts a stop to state bailout
According to German regional newspaper Rhein-Zeitung, this means that the state government is no longer in control of the 'ring and thus the holding company will have no choice but to enter receivership. On top of the ongoing investigation into the suspected 524 million euros of 'unauthorised' aid, this casts serious doubt on the future of the iconic racetrack.
The paper does suggest, however, that the current racing season will continue as planned. What happens after that is far less certain.
Speedweek.de, Hockenheim boss Georg Seiler said (and please excuse our clunky Google translation): "We currently have no request to host the Grand Prix Germany in 2013, but I do see the possibility that F1 will come back every year to Hockenheim."