Formula One could soon return to Austria. After dropping off the Grand Prix calendar in 2003, the A1-Ring in Zeltweg – located in central Austria – was demolished. Supported by Red Bull mogul Dietrich Mateschitz, EUR 70 million reconstruction works began late in 2008, including new pit buildings and grandstands. But although Mateschitz said at [...]
Posts Tagged ‘rumor’
Saab To Be Bought By Ecclestone, Genii
A pair of notable Formula 1 names are in the running for the purchase of Swedish auto maker Saab. Bloomberg is reporting that the two bidders in question are Formula 1 head Bernie Ecclestone and Luxembourg-based investment company Genii Capital, which recently purchased a major stake in the Renault team. They will be in bidding [...]


June 29th, 2010
Stephen Rhodes
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