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F1 Boss Bernie Ecclestone Not Interested In Purchasing Nurburgring Racetrack

F1 CEO Bernie Ecclestone said that he "wants to help the financially troubled Nurburgring racetrack, but a complete takeover of the German course is out of question," according to the DPA. At Sunday's Hungarian F1 Grand Prix Ecclestone said, "We have to save the German race -- so we will try everything we can." Asked about possible reasons for the financial troubles of the racetrack the 81-year-old Brit said, "It is surprising to me that all German racetracks have their financial worries. Germany probably gave all its money to Greece -- and that's the cause." Ecclestone wants to save the historical racetrack in Germany's Eifel region, and announced further talks with Nurburgring representatives. He said, "I don't want to lose any of the racetracks." However, if the two parties are unable to come up with a solution, the alternative is to the have the German F1 Grand Prix at the Hockenheimring next year (DPA, 7/29).

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