The Nürburgring confirms it won’t host Formula 1 soon, citing high costs, F1 rights issues and lack of economic viability in Germany.
The head of the famous Nürburgring circuit has confirmed that Germany is not close to returning to Formula 1.
Even though F1 is open to preserving key European events through a new race rotation system, and with Audi expected to join Mercedes on the grid next year, Toto Wolff believes that a return of the German Grand Prix is still a long way off.
“The economic climate in Germany is apparently not favorable for a Formula 1 race at the moment,” the Mercedes team principal said this weekend in Barcelona.
Nürburgring Rejects F1 Return
Following Wolff’s statements, the Nürburgring, which last hosted a Formula 1 race in 2020 under exceptional circumstances during the health crisis, responded.
“Under the current model, we as the circuit operator would be required to purchase the Formula 1 package and cover the costs through ticket sales,” said Managing Director Ingo Boder.
“This is an almost impossible task. All other marketing rights belong to Formula 1.”
“In addition, the circuit infrastructure would be blocked for around two weeks for set-up and dismantling, and could not be used or marketed for other purposes during that period. For these reasons, the project is not relevant for us as a private company.”
Asked about the last time discussions were held with Formula 1, he replied, “The last contact was about a year ago.”
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