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Nuerburgring to host grand prix

Updated: January 31, 2013, 11:32 AM ET
Associated Press

BERLIN -- The financially troubled Nuerburgring circuit will host a grand prix as planned this year after striking a deal with Formula One boss Bernie Ecclestone.

"The long period of uncertainty over the site of the pinnacle of motorsport in Germany is ended," the state-owned Nuerburgring operating company said on Thursday in a statement.

The Rhein-Zeitung newspaper reported that Ecclestone struck the deal with Nuerburgring GmbH chief Karl-Josef Schmidt late Wednesday.

"I very ...

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