In attendance at the Nurburgring for this weekend’s German F1 Grand Prix, Ecclestone is reportedly considering the purchase is order to secure the future of the circuit, and with it the official German round of the F1 series.
Speaking with German paper Die Welt, Ecclestone said it was “quite possible” that he would buy the iconic German circuit.
“I understand, you want to sell the Nurburgring, it's quite possible that I'll buy it,” Mr Ecclestone said.
“At least I’ll think about it. (If I did buy it), that would mean that the Grand Prix of Germany is secured into the future. Of course we would be taking into account the existing contracts with Hockenheim. I think the race can alternate between the two locations.”
Ecclestone admitted that this year’s race at the Nurburgring needed a cash injection, saying it was good for the circuit but “bad for business”.
The 82-year-old Briton said he will make a decision on whether to purchase the Nurburgring "in a few months", pointing out that next year’s race will be at Hockenheim, so time is not crucial to the decision.