collapse

* Welcome

Welcome to GPWizard F1 Forum!

GPWizard is the friendliest F1 forum you'll find anywhere. You have a host of new like-minded friends waiting to welcome you.

So what are you waiting for? Becoming a member is easy and free! Take a couple seconds out of your day and register now. We guarantee, you wont be sorry you did.

Click Here to become a full Member for Free

* User Info

 
 
Welcome, Guest. Please login or register.
Did you miss your activation email?

* Newsletter

GPWizard F1 Forum Newsletter Email address:
Weekly
Fortnightly
Monthly

* Grid Game Deadlines

Qualifying

Race

* Shoutbox

Refresh History
  • Wizzo: :good:
    March 05, 2024, 11:44:46 PM
  • Dare: my chat button is onthe bottom rightWiz
    March 03, 2024, 11:58:24 PM
  • Wizzo: Yes you should see the chat room button at the bottom left of your screen
    March 02, 2024, 11:39:55 PM
  • Open Wheel: Is there a Chat room button or something to access “Race day conversation”
    March 02, 2024, 02:46:02 PM
  • Wizzo: The 2024 Grid Game is here!  :yahoo:
    January 30, 2024, 01:42:23 PM
  • Wizzo: Hey everybody - the shout box is back!  :D
    August 21, 2023, 12:18:19 PM

* Who's Online

  • Dot Guests: 240
  • Dot Hidden: 0
  • Dot Users: 0

There aren't any users online.

* Top Posters

cosworth151 cosworth151
16165 Posts
Scott Scott
14057 Posts
Dare Dare
12995 Posts
John S John S
11276 Posts
Ian Ian
9729 Posts

Author Topic: Hockenheim loses government backing  (Read 599 times)

Offline John S

  • F1 Legend
  • ****
  • Date Registered: Jan 2007
  • Location: Lincolnshire, UK
  • Posts: 11276
  • 11550 credits
  • View Inventory
  • Send Money To John S
  • Max for 3rd title! - to see more Toto apoplexy.
Hockenheim loses government backing
« on: June 24, 2009, 07:20:52 PM »

After Bernie's apparent change of heart about Silverstone is the old boy going soft in maybe looking at reduced fees for races, or has he caught the teams cost reducing bug with financial realities finally kicking in? :DntKnw:

Hockenheim's chances of holding the German Grand Prix next season have been dealt a major blow, with the local government refusing to continue to underwrite the loss-making race.

Hockenheim City Council - a 94 per cent shareholder in the track - has voted unanimously to drop the race, according to the Deutsche Presse Agentur, although it is understood that should Bernie Ecclestone be willing to negotiate a cheaper deal, the race could continue in 2010 - the final year of its current F1 contract.

Last year's German Grand Prix at Hockenheim ran at a loss of approaching six million Euros, with the 2010 race forecast to run at a similar deficit.

Ecclestone has written to organisers indicating that he is open to talks over the future of the race. A German event is crucial to a championship that includes Mercedes-Benz and BMW, as well as five German drivers including Sebastian Vettel, whose profile has risen massively in recent months.

The Nurburgring, which alternates the staging of Germany's grand prix with Hockenheim, is already concerned about the financial implications of having to run a race every year, meaning that it is not necessarily able to take over the event on a full-time basis.

Gunther Oettinger, the prime minister of Baden-Wurttemberg - the region in which Hockenheim is located, is planning to meet with Ecclestone in the next month, and is also pushing for funding from the national government. This gives hope that, despite the City Council's decision, Hockenheim could still have an F1 future.

Hockenheim could also be a candidate venue for the FOTA breakaway series, if it goes ahead.

By Edd Straw and Dieter Rencken, Today, autosport.com



Racing is Life - everything else is just....waiting. (Steve McQueen)

Offline SennaMan

  • Triple World Champion
  • ***
  • Date Registered: Sep 2007
  • Location: Gold Coast, Australia via Auckland, NZ
  • Posts: 1190
  • 1300 credits
  • View Inventory
  • Send Money To SennaMan
  • McLAREN MP4-12C Applied Genius
Re: Hockenheim loses government backing
« Reply #1 on: June 25, 2009, 04:56:59 AM »

After Bernie's apparent change of heart about Silverstone is the old boy going soft in maybe looking at reduced fees for races, or has he caught the teams cost reducing bug with financial realities finally kicking in? :DntKnw: ......[snip]


i think so John, and i hope so as a few more GP promotors will be following Hockenheim's lead.

perhaps Melbourne is next?
"In a Democracy, civil dissent and even disobedience is a responsibility and a duty. Indeed, the extent dissent is tolerated is in itself a test of a Democracy."

Bruce Elton Foulds - 2010.

 


SimplePortal 2.3.6 © 2008-2014, SimplePortal
Menu Editor Pro 1.0 | Copyright 2013, Matthew Kerle