DECEMBER 4, 2000
Hockenheim in $26 million redevelopment
HOCKENHEIM have submitted plans for an $26 million redevelopment plan which will see the circuit reduced by 30 per cent.
The German Grand Prix venue is set to revise its track layout, which will see much of the forest section through the Ostkurve removed. The circuit length will be reduced from 2.4 miles to 2.7 miles.
The redevelopment, which will be completed in time for the 2002 German Grand Prix, is essential for the track to renew its licence next year to hold the race for the following 10 years.
The motor club which own the circuit, which received its' last major update in 1966, insist the finance is available to upgrade the track from its current 75,000 seating capacity.
But if the plans fall through, the new Lausitzring track near Berlin is ready to replace Hockenheim as the new venue for the German Grand Prix in 2002.