Nurburgring Confirmed as 2013 German Grand Prix Host

The German Grand Prix for the 2013 season will finally have a venue after The Nurburgring was confirmed to host the F1 race.

After months of uncertainty over whether the historic circuit would strike a deal to stage the July 7 race as scheduled, Bernie Ecclestone has announced he has agreed terms with organisers.

“I treasure the Nurburgring and its history,” Ecclestone was quoted as saying by Reuters.

“In view of its long tradition, I was glad to support choosing the Nurburgring as the venue for the Formula 1.”

The Nurburgring and Hockenheim have alternated as the host track for their country’s annual grand prix since 2007 after both agreed to share the financial burden of hosting the flagship event.

However, last year the Nurburgring ran into severe financial difficulties, and near bankruptcy, after the track’s owners became embroiled in a dispute with the venue leaseholders.

Only on Wednesday Ecclestone had blamed fighting between two of Germany’s motorsport associations for the ongoing lack of a confirmed venue for the country’s 2013 GP, flagging up the possibility that the Nurburgring might block Hockenheim from using the German GP title should the race be moved to the other venue.