User ID
Password
  Forgot User ID
or Register Today!
VegasInsider.com
Follow Us on Facebook Follow Us on Twitter Follow Us on Google+ VI Mobile Scores and Betting Odds
Home
NFL
NBA
NHL
MLB
NCAA FB
NCAA BK
Soccer
Golf
Auto
Horses
More
Betting Tools

 
Nuerburgring to host grand prix as planned

New Sportsbook.ag customers: Make your 1st bet, get your 2nd bet free, 100%, winnings paid in cash.
Join Now

Already have an account? Click here to view new Exclusive Rewards!

BERLIN (AP) - The financially troubled Nuerburgring circuit will host a grand prix as planned this year after striking a deal with Formula One boss Bernie Ecclestone.

Advertisement
``The long period of uncertainty over the site of the pinnacle of motorsport in Germany is ended,'' the state-owned Nuerburgring operating company said on Thursday in a statement.

The Rhein-Zeitung newspaper reported that Ecclestone struck the deal with Nuerburgring GmbH chief Karl-Josef Schmidt late Wednesday.

``I very much appreciate the Nuerburgring and its history,'' Ecclestone said in translated comments. ``Even today, the grand prix route demands the most from drivers and teams.''

Hockenheim, which hosts the German Grand Prix every other year, indicated its availability to host the July 7 race if a deal could not be struck with Nuerburgring.

``The Nuerburgring is a household name and very important for all of us,'' three-time world champion Sebastian Vettel told the dpa news agency. ``Everything that goes along with it is an experience. It shouldn't be allowed die out. I'm delighted the grand prix is secured.''

It is still unclear if the race will be called the German Grand Prix or European Grand Prix.

Nuerburgring GmbH insolvency administrator Thomas B. Schmidt thanked Ecclestone and said ``with his commitment to the legendary racetrack, he delivers a significant and valuable contribution to the Nuerburgring.''

Nuerburgring filed for insolvency last July. F1 has been racing on the track since the 1950s.

AP NEWS
The Associated Press News Service

Copyright 2014
The Associated Press
All Rights Reserved

  
HEADLINES
Roberts: Sylvania 300 Preview
F1 enters radio silence era in Singapore
Indy to race in Brazilian capital in 2015
JGR adds sponsors Stanley, DeWalt
Petty planning to run two cars next year
Dempsey makes name in sports-car racing
Grand jury to weigh case of Tony Stewart
Russian driver released from hospital
Short Chase stay for Allmendinger, Almirola
MORE HEADLINES
 
VegasInsider.com Gold Membership
  
corner graphic
With a VI Gold Membership, you can SAVE 10% off a Live Odds subscription, SAVE 20% off Daily Pick packages, and receive access to up to 1,000 Member Plays each month!
VI Daily Fantasy NFL Perfect Lineup Contest