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Bernie calls off 'Ring talks

2013-01-28 09:04

BERLIN, Germany - Bernie Ecclestone has called off Formula 1 negotiations with the Nurburgring.

The famous German circuit's financial problems are well known but F1 chief executive Ecclestone had been in talks with Nurburgring officials about pressing ahead with plans for a scheduled July 2013 race date.

Ecclestone said: "Following a detailed examination of the (Nurburgring's) proposal, we do not accept it as financially feasible and therefore end the negotiations."

Hockenheim, host of the 2012 German GP that was not scheduled to return to F1 until 2014, has been slated as a possible alternative for 2013.

Der Spiegel and the German news agency DPA said there was no official comment from Nurburgring officials.
 

GMM