Hockenheimring considering F1, but Tim Brauer warns: “We won’t do anything reckless”. The Emodrom Group has already invested 40 million euros in the Hockenheim project.

The Hockenheim circuit has often alternated within the Formula 1 calendar with the other German track, the Nurburgring, and a few years ago, it attracted the interest of a group of investors who, somewhat quietly, developed a strategy to bring F1 cars back to the well-known circuit located in the state of Baden-Württemberg. The last edition was in 2019.

The Emodrom Group doesn’t want to make hasty promises
The situation, however, appears quite complex and delicate. The investors are reportedly part of the Emodrom Group, whose CEO, Tim Brauer, recently stated: “For more than four years, we have been working to get the Hockenheimring back to a position where it can establish itself among the best racing circuits on the international stage. The work has been done behind the scenes, and now we want to take the next step to look optimistically toward the future,” as reported by ‘Welt,’ a well-known German newspaper, and ‘GPBlog.com.’

In the time frame indicated by Brauer, the Emodrom Group has already invested 40 million euros in the Hockenheim project. The funding has involved the Porsche Experience Centre, the construction of a hotel, and a Motorworld. However, for the Hockenheimring to be part of F1 again, a further significant investment is needed, much more substantial. ‘GPBlog.com’ mentions 250 million euros that will need to be allocated over the next 5-10 years.

For this reason, given the importance of the amount, CEO Tim Brauer avoids making hasty promises: “We won’t do anything reckless from a financial standpoint. We are considering Formula 1, but we approach such considerations with great caution,” he concluded.