Germany’s famed Nurburgring saved from insolvency, possible extinction

8 Comments

The future of Germany’s iconic Nurburgring race track has apparently gone from cloudy at best to very sunny.

According to MotorAuthority.com, the track has been sold to German automotive manufacturer Capricorn, thus saving the legendary 16-turn, 5.148 kilometer/3.199 mile from potentially going out of business or even being scrapped and having its massive land area developed.

Track officials had declared the facility insolvent in 2012, but it continued to operate and host major events including Formula One’s German Grand Prix.

Capricorn is no stranger to the facility, according to Spiegel Online, with approximately 100 of its 350 total employees working in a factory on the grounds to produce pistons, camshafts, crankshafts and a variety of other engine parts.

Now that it owns the track, Capricorn is expected to further expand its production footprint, including a new technology center being planned.

Nicknamed “Green Hell” by F1 great Jackie Stewart, Nurburgring’s sale must still be approved by European Union regulators, but that would appear to be a mere formality, given the track had few other suitors to rescue it from its nearly two-year-old insolvency.

F1 president Bernie Ecclestone had made an offer for the track in mid-January, but Capricorn’s offer was reportedly significantly larger.

Follow me @JerryBonkowski

Santino Ferrucci will drive No. 14 for AJ Foyt Racing full time in 2023 IndyCar season

Santino Ferrucci AJ Foyt
James Gilbert/Getty Images
0 Comments

Santino Ferrucci will return to full-time racing in the NTT IndyCar Series next season, joining AJ Foyt Racing.

Ferrucci had made eight IndyCar starts with three teams since his last full-time season in 2020 while also racing part time in the NASCAR Xfinity Series this year.

He will drive the storied No. 14 Dallara-Chevrolet for four-time Indy 500 winner A.J. Foyt’s team, which will field the car from its Waller, Texas headquarters.

“It’s incredibly exciting to be back in the INDYCAR Series full time,” Ferrucci said in a team release. “Being a part-time driver over the last two years has been hard for me, personally. I’m a race car driver, and I want to compete. Working with different teams has been exciting, and I’m proud that no matter which car I’ve raced, I’ve always shown speed and consistency. I couldn’t be more excited to join AJ Foyt Racing in the 14 Chevy. I can’t wait to make the best of it.”

Ferrucci, 24, had finished a career-best fourth in IndyCar four times, including the 104th Indy 500 in 2020. He was the 2019 Indy 500 rookie of the year with a sixth.

In nine Xfinity starts since 2021, Ferrucci has a career-best finish of 13th at Las Vegas Motor Speedway.

“I am thrilled to welcome Santino to the team,” Larry Foyt said in a release. “He’s shown a knack for getting toward the front of the field, and I think he is a racer who moves forward on race day. A.J. sees the fire in him and has enjoyed their meetings together. I think Santino’s experience will help his rookie teammate as well, so he is a great addition to our roster.”

Ferrucci will be teamed at AJ Foyt Racing with Benjamin Pedersen, who finished fifth in the 2022 Indy Lights standings. The team has yet to specify the number for Pedersen’s entry, which will be fielded out of its Indianapolis race shop.

Foyt’s two full-time drivers last season were Dalton Kellett and Kyle Kirkwood, who is moving to Andretti Autosport.