/ Motorsport / Hockenheim deal ‘has no exit clause’

Hockenheim deal ‘has no exit clause’

Linked In Share

Jun.18 (GMM/Inautonews.com) Hockenheim’s F1 future is up in the air.

The circuit has a contract with Bernie Ecclestone until 2018, whereby it annually alternates the German grand prix with the Nurburgring.

But F1 supremo Ecclestone and the Nurburgring on Tuesday announced they are close to agreeing a new deal to stage the German grand prix every year between 2015 and 2019 at the Nurburgring.

Hockenheim is furious.

“We have a contract, and it has no exit clause,” Hockenheim chief Georg Seiler told the Mannheimer Morgen newspaper.

“The fact is that we will have a grand prix at Hockenheim in 2016 and 2018. Everything else is speculation.”

However, Ecclestone said earlier that Hockenheim’s contract is based on “special conditions” that would be void if the Nurburgring enters the fray with better terms.

The 83-year-old Briton insists it is only fair.

“The same applies to Hockenheim as well,” Ecclestone told Germany’s Auto Motor und Sport. “We could reach a new contract with them, on the same conditions that we have with other people.”

The Nurburgring on Wednesday did not want to weigh in on Hockenheim’s fury.

“We are not aware of the contractual details between Mr Ecclestone and the Hockenheimring,” said Carsten Schumacher, representing the Nurburgring’s new owners Capricorn.

“Therefore we can not judge and do not want to speculate on whether the race will take place in 2016 and 2018 at Hockenheim, or whether it would be possible for there to be two formula one races in Germany,” he added.

Schumacher said the Nurburgring had no choice but to issue the press release on Tuesday that so angered its Hockenheim counterparts.

“We had to respond,” he argued, “after it was reported in the media that a contract between (Capricorn chief) Robertino Wild and Bernie Ecclestone had been closed.”

by Mircea Serafim (my Google+) - Wednesday, June 18th, 2014 - filed under Motorsport. Image credit: .
Linked In Share
Related Articles


Discuss: Hockenheim deal ‘has no exit clause’

Leave a Reply
















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Mercedes, VW ask automakers to ally against excessive Google implication in car data management
Mercedes, VW ask automakers to ally against excessive Google implication in car data managementDuring an industry conference that took place in Munich, Germany, both German carmakers voiced their interest to establish ...
Executives at VW and Daimler fend off succession rumors
Executives at VW and Daimler fend off succession rumorsDuring a panel discussion that took place in Munich, both chief executives of the two German automakers said the issue of ...
Germany: Autobahn’s free-roaming days could be over
Germany: Autobahn’s free-roaming days could be overAccording to a new proposal, chancellor Angela Merkel’s government is ready to unveil legislation that would make the days of ...
NHTSA increases scrutiny over Takata airbag issue
NHTSA increases scrutiny over Takata airbag issueThe US auto safety regulator has moved to order the Japanese auto safety parts supplier to provide further documents and give new ...
Automakers still confident in Brazil, but Mexico has the upper hand
Automakers still confident in Brazil, but Mexico has the upper handBrazil is now faced with three years of declining sales and with voices in the industry claiming that unused production capacity ...
FIA to tackle cost problem after team failures
FIA to tackle cost problem after team failuresOct.31 (GMM/Inautonews.com) With Caterham and Marussia in the throes of failure, the governing FIA has admitted it is concerned ...
Forza Rossa still waiting for FIA approval
Forza Rossa still waiting for FIA approvalOct.31 (GMM/Inautonews.com) Forza Rossa, a Romanian project targeting a debut in formula one, has played down reports it has ...
Alonso keeps F1 guessing over future
Alonso keeps F1 guessing over futureOct.31 (GMM/Inautonews.com) Fernando Alonso is keeping the F1 paddock in the dark over his future, as a string of rival drivers ...
Russian billionaire buys Nurburgring
Russian billionaire buys NurburgringOct.31 (GMM/Inautonews.com) After the Capricorn deal fell through, a new owner for the German grand prix venue at the ...
Verstappen wants Vergne to be Toro Rosso teammate
Verstappen wants Vergne to be Toro Rosso teammateOct.31 (GMM/Inautonews.com) Max Verstappen says he would prefer to be Jean-Eric Vergne's teammate next year. Red Bull, the ...
Mercedes not ready to let drivers ‘off leash’
Mercedes not ready to let drivers ‘off leash’Oct.31 (GMM/Inautonews.com) Mercedes is not yet willing to let its drivers "off the leash" in their three-race fight for the ...
Caterham’s Ericsson set for Sauber switch
Caterham’s Ericsson set for Sauber switchOct.31 (GMM/Inautonews.com) Marcus Ericsson looks set to keep his formula one career alive by signing with Sauber for ...
Grosjean reveals Lotus exit clause
Grosjean reveals Lotus exit clauseOct.31 (GMM/Inautonews.com) Romain Grosjean has revealed an exit clause will allow him to walk away from Lotus at the end of the ...
Family denies Bianchi to leave Japan
Family denies Bianchi to leave JapanOct.31 (GMM/Inautonews.com) Jules Bianchi's family has denied reports the French driver could soon be transferred from the ...
Skoda Octavia RS Combi Diesel gets updated by mcchip-dkr
Skoda Octavia RS Combi Diesel gets updated by mcchip-dkrThe aftermarket specialists from mcchip-dkr have recently created an upgrade program for the diesel version of the new Skoda ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

2015 Skoda Octavia RS Combi Diesel tuning mcchip-dkr 1
dacia sandero rs 1
Porsche Panamera Exclusive Series 1
mclaren p1 weird paintjob china romania flag 1
Troller-1
aston martin one-77 last produced 1
bmw i3 sr auto group wheels 1
2015 ford focus st uk 1
Hyundai HB20 R-Spec 1
Scion tC Release Series 90 1
Peugeot 208 Natural and 208 Urb Concepts 1
2015 nissan gt-r nismo 1

More automotive from inautonews
During an industry conference that took place in Munich, Germany, both German carmakers voiced their interest to establish (together with their rivals) new or separate platforms that would thwart Google Inc’s extensive implication into handling sensitive customer information. “We seek ...
read more
Inautonews Editors Section
Test Drive: Dacia Sandero Stepway 1.5 90 HP
Test Drive: Dacia Sandero Stepway 1.5 90 HPIf you live in Europe, you don’t need an introduction to Dacia anymore – this is the affordable Renault subsidiary that rocked the auto industry ...
Test Drive: Mercedes-Benz A180 CDI AT
Test Drive: Mercedes-Benz A180 CDI AT The new generation of the A-Class has been around since 2012 and its overall design is quite drastic, considering its predecessor. Now, two years ...
Test Drive: Citroen C-Elysee 1.6 HDi Exclusive
Test Drive: Citroen C-Elysee 1.6 HDi Exclusive Citroen has introduced the second generation of the C-Elysee last year. The model is smaller than the C4 and it is based on the Peugeot 301, being ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety NHTSA increases scrutiny over Takata airbag issueThe US auto safety regulator has moved to order the Japanese auto safety parts supplier to provide ... Recall roundup: More than 200,000 Ford vehiclesFord has announced a recall which is covering more than 200,000 units because of a possible rusty ...
Safety Section