Berlin: Operators of Germany`s Nuerburgring are in talks with Formula One chief Bernie Ecclestone over a deal to host the 2013 grand prix despite cutting around 100 jobs at the circuit, a spokesman for the operators said on Wednesday.
Nuerburgring hosts the German Grand Prix every second year, alternating with Hockenheim. It last staged the race in 2011, with Hockenheim the venue for this year`s grand prix in July.
"Negotiations with Bernie Ecclestone have already started and are ongoing for the 2013 race," said Nuerburgring Automotive GmbH (NAG) spokesman Karl-Heinz Steinkuehler.
"At the moment there is package that the operators look at positively. But it is also the state of Rhineland-Palatinate that needs to sign off as a partners for any deal," he said.
Steinkuehler said more talks were expected within the first quarter of 2012, adding that the commercial future of the Nuerburgring track was secure despite the loss of some 92 jobs and ongoing negotiations over what NAG says are the excessive leasing costs of the facilities.
"The operators have no problem and the season starting in April this year is fully guaranteed," said Steinkuehler. "The cutbacks are necessary to meet the leasing costs."
Bureau Report
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
Cookies Setting
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device and the processing of information obtained via those cookies (including about your preferences, device and online activity) by us and our commercial partners to enhance site navigation, personalise ads, analyze site usage, and assist in our marketing efforts. More information can be found in our Cookies and Privacy Policy. You can amend your cookie settings to reject non-essential cookies by clicking Cookie Settings below.
Manage Consent Preferences
Strictly Necessary Cookies
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work or you may not be able to login.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Targeting Cookies
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They are also used to limit the number of times you see an advert as well as help measure the effectiveness of an advertising campaign. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we may not know when you have visited our site, and may not be able to monitor its performance.