News Details
New Nurburgring owner misses second payment
The Nurburgring's sale has hit a fork in the road, not long after, the financially embattled German Grand Prix venue was bought for a reported 77 million by a Dusseldorf based automotive group called Capricorn.
Capricorn has since been successfully negotiating with Bernie Ecclestone about a new long-term race contract. But Rhein Zeitung newspaper has now claimed that Capricorn has not paid the second due instalment to the Rhineland-Palatinate state.
Citing sources, the report said the amount of 5 million became due on July 31. To date, Capricorn has only paid one instalment in the same amount.
'It is assumed that Capricorn's financing from banks has come to a standstill because the...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Lawyer says Ecclestone paid $100 million for good of F1
Lawyer Sven Thomas with his client Bernie Ecclestone
Formula 1 supremo...
10y ago from GrandPrix247.com
Ecclestone goes sailing after $100m settlement
Bernie Ecclestone's yacht Petara
Formula 1 supremo Bernie Ecclestone's...
10y ago from GrandPrix247.com
Ecclestone pays up
Bernie Ecclestone's legal troubles are behind him as a German court has...
10y ago from PlanetF1.com
Lopez denies Genii financial troubles
Gerard Lopez
Lotus owner Gerard Lopez has lashed back at reports...
10y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP constructors push for F1-style ‘Concorde...
No description available...
16h ago from Motorsport.com
Marco Bezzecchi explained what ‘key moment' he...
Marco Bezzecchi explained his first lap was the "key moment"...
17h ago from MotorsportWeek.c...
MotoGP to return to Buenos Aires from 2027 season
MotoGP has officially announced that the Grand Prix of Argentina will...
1d ago from MotorsportWeek.c...
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Why Rinus VeeKay believes there's more to come after...
No description available...
5h ago from Motorsport.com
O’Ward explains the multiple steps that came...
Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...
1d ago from MotorsportWeek.c...
The Winners and Losers of IndyCar’s 2025 Indy Toronto
No description available...
1d ago from Motorsport.com
Kyffin Simpson’s confidence ‘very high right...
When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
1d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
2d ago from MotorsportWeek.c...
How the WRC service park reacted to Oliver Solberg's...
No description available...
2d ago from Motorsport.com
Oliver Solberg: WRC Rally Estonia win "biggest...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
Hello from Singapore : Big Vik progress at last
Good morning from Singapore where I believe it is Wednesday. I got here...
33m ago from Arseblog.com
Report: Former Arsenal captain agrees deal to return...
A former Arsenal captain is on the verge of a sensational return to the...
4h ago from FreshArsenal.com
Arsenal star reluctant to sign new deal until 2032...
William Saliba remains a key player at Arsenal despite Real Madrid's...
8h ago from SportsKeeda.com
Arsenal set to seal £55m deal as player flies to...
Arsenal are wasting no time in strengthening their squad for the new...
8h ago from FreshArsenal.com
Comments
Hottest News
Aston Martin engineers question Adrian Newey over 2026 F1...
Aston Martin CEO and team principal Andy Cowell... Read More »
5h ago from GPFans.com
‘Emotional’ Lewis Hamilton ‘putting his foot down’...
Lewis Hamilton is starting to 'put his foot' down... Read More »
7h ago from GPFans.com
Brad Pitt names F1 track that delivered ‘the highest of...
Brad Pitt has revealed the one Formula 1 circuit... Read More »
11h ago from F1i.com
