F1 News

New Nurburgring owner to keep affordable F1

Posted on by
Nurburgring main straight
Nurburgring main straight

Nurburgring NurburgF1's Nurburgring future now appears brighter, after the embattled German Grand Prix venue was bought for a reported EUR 100 million.

A week ago, it was reported that Miami-based private equity company HIG Capital was the high bidder for the fabled venue, having pledged EUR 60-70 million.

But it now emerges in the pages of Der Spiegel that the buyer is in fact a Dusseldorf based automotive group called Capricorn.

Boss Robertino Wild confirmed the news at a press conference, saying Capricorn is committed to keeping formula one at the Nürburgring "as long as it remains affordable".

SID news agency said Capricorn is paying EUR 77 million euros, as well as immediately pumping in an additional 25 million to invest in the circuit.

Wild said the Nurburgring will "basically go as it was before", with the exception of the disastrous amusement park and roller coaster, to be shut down.

Book discounted tickets and reservate your hotel room in our F1 Tickets Shop.

Please share this article & subscribe to our FREE weekly F1 Newsletter


Latest F1 News posts:

See older posts in our F1 News Archive »

Stay Updated by F1-Fansite!

Each subscriber has a change to win one of our
2017 F1-Fansite.com Photo Calendars!.
Buy F1 MerchandiseBuy F1 Merchandise of your favourite driver or team.

Early Booking Discounts on F1 Tickets

Buy F1 tickets cheaper at F1-Fansite.com 2016 Formula 1 Season Early Booking Discounts are:
F1 Grand Prix

Book F1 Tickets Mexican F1 GP Mexico '16Available
Book Now
Book F1 Tickets Brazilian F1 GP Brazil '16Available
Book Now
Book F1 Tickets Abu Dhabi F1 GP Abu Dhabi '16Available
Book Now
Book F1 Tickets Australian F1 GP Australia '17AvialableBook Now
Book F1 Tickets China F1 GP China '1710% discountBook Now
Book F1 Tickets Spanish F1 GP Spain '1720% discountBook Now
Book F1 Tickets Monaco F1 GP Monaco '17AvailableBook Now
Book F1 Tickets Austrian F1 GP Austria '1720% discountBook Now
Book F1 Tickets British F1 GP UK '17AvailableBook Now
Book F1 Tickets Hungarian F1 GP Hungary '1720% discountBook Now
Book F1 Tickets Belgian F1 GP Belgium '1725% discountBook Now


Will Hulkenberg deliver the 'giant leap" for Renault?

View Results

Loading ... Loading ...
F1 Polls