Calling in Hermann Tilke for track revamp
With the future of Hockenheim in serious doubt, Germany's other Formula One host has vowed to plough $240m into upgrading its track.
Nurburgring boss Walter Kafitz told the Rheinzeitung newspaper that the revamp - masterminded
by renowned F1 architect Hermann Tilke - will be the biggest since 1927.
Among the Nurburgring facelift, to be partly financed by private investors, will be a new main grandstand, a four-star hotel and shops.
Construction approval for the upgrade is already being sought, the German newspaper said.
Source GMM CAPSIS International