Thanks to financial difficulty, the German Grand Prix hasn't been held at the Nürburgring since 2013, but that could change in the next couple of years. Russian billionaire Viktor Kharitonin, who bought a majority share of the 'Ring in 2014, reportedly increased his ownership to 99 percent and is aiming to host F1 at the track in 2017. The German Grand Prix was cancelled last year, and will be held at the Hockenheimring this year.
Citing an article from Forbes Russia, that Kharitonin increased his ownership share of the Nürburging from 80 percent to 99 percent within the past week. Much of that money is said to be spent on safety improvements following a crash at a March 2015 race where a spectator was killed. The track imposed speed limits at certain sections after the crash, though it just removed those limits last month.
F1 boss Bernie Ecclestone last year over the Nürburgring's financial issues, but new ownership promises greater financial stability. Kharitonin is said to have extended an olive branch to Ecclestone in an effort to hold an F1 race at the track in 2017.