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
Why Aprilia boss is "disappointed" about not...
No description available...
1h ago from Motorsport.com
Why Francesco Bagnaia seems closer to leaving Ducati...
No description available...
1d ago from Motorsport.com
Jorge Martin likely to miss Sepang MotoGP test after...
No description available...
1d ago from Motorsport.com
Trackhouse Aprilia launches two liveries ahead of 2026...
Trackhouse Aprilia satellite team has launched its two new liveries in...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Alex Palou responds to McLaren court ruling
Alex Palou has been ordered to pay McLaren Racing over $12 million...
3h ago from MotorsportWeek.c...
McLaren wins contract breach suit against Alex Palou
McLaren has prevailed in its lawsuit against star IndyCar driver Alex...
5h ago from MotorsportWeek.c...
Palou ordered to pay $12 million to McLaren in...
No description available...
4h ago from Motorsport.com
Ed Carpenter Racing reveals multiple organizational...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
WRC Monte Carlo: Oliver Solberg continues domination...
No description available...
4h ago from Motorsport.com
FIA offers update on new WRC commercial rights holder...
No description available...
42m ago from Motorsport.com
WRC Monte Carlo: Oliver Solberg takes early lead...
No description available...
19h ago from Motorsport.com
The headaches facing WRC crews ahead of a ‘proper...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Then and now: what has changed since the opening...
s weekend’s fixtures are the reverse of a first round that saw Arsenal...
42m ago from TheGuardian.com
Arsenal handed double injury boost ahead of PL clash...
Arsenal have been handed a double injury boost ahead of their Premier...
42m ago from SportsKeeda.com
Report: Arsenal enquire about blockbuster transfer,...
Arsenal have reportedly made some initial informal enquiries over the...
2h ago from CaughtOffside.com
'I don't have any doubts about that' - Pep Guardiola...
Manchester City boss Pep Guardiola hopes that his side can catch Arsenal...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Lewis Hamilton's Ferrari STOPS on track as...
F1 TV's schedule has confirmed fans will miss out... Read More »
2h ago from GPFans.com
Breaking: McLaren handed multi-million dollar payout after...
McLaren was suing IndyCar driver Alex Palou for... Read More »
5h ago from RacingNews365.com
Meet Ferrari's striking 2026 Formula 1 car, the SF-26
Scuderia Ferrari have revealed their 2026 Formula... Read More »
6h ago from GrandPrix247.com
