Formula 1 Could Return to Nurburgring in 2017
The Nurburgring track could host its first Formula One race after a four-year hiatus in 2017. The circuit was due to hold the German Grand Prix in 2015, as part of its rotational policy with Hockenheim, but ongoing financial difficulties forced it to cancel the event. As a result, there was no race in Germany in 2015 for the first time since 1960.
According to Autosport, Nurburgring is back in discussion with Bernie Ecclestone to host the German Grand Prix in 2017. Next year’s event will take place on the Hockenheim track as scheduled.
"We were very committed to making sure we had a race, and I regret it did not occur at the end of the day, but we could not and would not bear alone the risks, said Schumacher. "Instead of Formula 1, we then had the WEC race. This was an outstanding success. Of course, I have regrets for the fans, the region and also for us, the Formula 1 race could not take place, but in addition there is the business side."
The last F1 race at the Nurburgring took place on July 7th, 2013. The complex nearly filed for bankruptcy in 2012 as a result of $500 million in debts and the inability to secure financing. It was put on sale for $165 million in 2013. In October 2014, but in October 2014, Russian billionaire Viktor Kharitonin bought a majority stake, saving the circuit.
The 2017 event will be held on the GP-Strecke track, which was completed in 1984.
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Why it matters
An important track not only for Formula One, but for the entire motorsport scene as well, the Nurburgring must return to the F1 calendar as soon as possible. Sure, the GP-Strecke isn’t as exciting as the old race course, but Formula One wouldn’t be the same without it. Hopefully, the Nurburgring will be able to rebound under new ownership and Formula One will once again return to the "Green Hell."