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 »
11y 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...
11y ago from GrandPrix247.com
Ecclestone goes sailing after $100m settlement
Bernie Ecclestone's yacht Petara
Formula 1 supremo Bernie Ecclestone's...
11y ago from GrandPrix247.com
Ecclestone pays up
Bernie Ecclestone's legal troubles are behind him as a German court has...
11y ago from PlanetF1.com
Lopez denies Genii financial troubles
Gerard Lopez
Lotus owner Gerard Lopez has lashed back at reports...
11y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez shrugs off controversy over pitlane entry...
No description available...
18h ago from Motorsport.com
Marc Marquez wins chaotic Jerez MotoGP Sprint despite...
Marc Marquez crashed but made the right strategy calls to prevail in the...
20h ago from MotorsportWeek.c...
Johann Zarco questions Marc Marquez over Jerez pitlane...
No description available...
19h ago from Motorsport.com
MotoGP Spanish GP: Marc Marquez wins chaotic sprint...
No description available...
20h ago from Motorsport.com
Popular On IndyCarToday.com
Tony Kanaan opens up on Lundgaard, Siegel contract...
No description available...
1d ago from Motorsport.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
4d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
4d ago from Motorsport.com
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Canary Islands: Ogier hails ‘intense’ Solberg...
No description available...
13h ago from Motorsport.com
Sebastien Ogier hangs on to Rally Islas Canarias lead...
Sebastien Ogier started Saturday with a relatively handy lead of 8.9...
16h ago from MotorsportWeek.c...
WRC Canary Islands: Ogier leads Solberg by 3.8s...
No description available...
14h ago from Motorsport.com
WRC Canary Islands: Oliver Solberg closes on Sebastien...
No description available...
21h ago from Motorsport.com
Popular On GunnersToday.com
Arteta issues Havertz injury update ahead of Premier...
Just as Arsenal fans thought their injury curses were finally lifting, the...
23m ago from CaughtOffside.com
'That's when you need him' - Paul Merson urges Mikel...
Pundit Paul Merson has urged Mikel Arteta to recall Viktor Gyokeres to the...
3h ago from SportsKeeda.com
Arsenal 1-0 Newcastle: Eze's goal wins it as we endure...
Match report – Player ratings – Arteta reaction – Video...
2h ago from Arseblog.com
Ian Wright snubs Viktor Gyokeres, names Arsenal star...
Arsenal great Ian Wright has snubbed Viktor Gyokeres in favor of Mikel...
4h ago from SportsKeeda.com
Comments
Hottest News
Fernando Alonso dismisses major Aston Martin Adrian Newey...
Fernando Alonso and Aston Martin have endured a... Read More »
53m ago from RacingNews365.com
How Hadjar engineered his leap to ‘weird’ Red Bull seat
During his 2025 rookie season in F1, Isack Hadjar... Read More »
1h ago from F1i.com
Horner in Jerez: Surprise MotoGP visit sparks ownership...
The asphalt at Jerez was already sizzling on... Read More »
2h ago from F1i.com
