New Nurburgring boss 'positive' about future

By on Friday, July 22, 2011

Jul.22 (GMM) The new boss of the Nurburgring has expressed confidence about the famous venue staying on the calendar beyond 2011.

The new coalition Rhineland-Palatinate government has announced that state funding will end after Sunday's race.

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."

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