Nurburgring boss hopeful about F1 future

The new boss of the Nurburgring believes that the circuit will still be on the F1 calendar after the 2011 season.

Recently it has emerged that this season’s race will be the last that the state will help to fund. Track operator Jorg Lindner said this week that the Nurburgring’s future therefore depends on a new contract with Bernie Ecclestone featuring “economically and politically acceptable conditions”.

A new arrival to the Nurburgring management team is Karl-Josef Schmidt, who according to Bild newspaper successfully negotiated a lower race fee and ticket-revenue sharing deal whilst in charge of Hockenheim, Germany’s other F1 venue.

As for the Nurburgring’s current situation, Schmidt said: “This is the last race of the old contract. We are in negotiations and it looks positive.”

Sourcec:GMM