(Mercedes AMG F1 Team)
The Nurburgring looks set to become the exclusive home of the German Grand Prix from next season onwards. That is the claim of the new owners of the circuit. The Nurburgring has co hosted the German Grand Prix with the Hockenheim circuit since 2007 where on a year by year basis the two venue's alternated hosting the German Grand Prix.
In a statement issued by the new owners, they said:
'The head of the Formula One Group, Bernie Ecclestone, and Capricorn founder Dr. Robertino Wild, the main partner of the Nürburgring, have been holding negotiations on a long-term strategic partnership for Formula 1 at the Nürburgring'.
Mr Ecclestone and Dr. Wild share a desire to hold the prestigious Formula 1 race at the Nürburgring every year for at least five years from 2015. Both sides are convinced that this will deliver significant advantages and added value for all stakeholders of the event.'
If a deal is reached it would allow the new owners to develop the circuit and update the circuit facilities such as the pit-lane and paddock complex at the venue.
This year's German Grand Prix takes place at the Hockenheim circuit which would allow the new owners to spend the next year working with Mr Ecclestone to come up with agreement and carry out work on the facility.
© Ben Johnston 2014