Gerhard Berger explains decision to sell DTM to ADAC

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Gerhard Berger explains decision to sell DTM to ADAC
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🗣️'The financing of DTM Electric itself turned out to be more difficult than expected. All in all, this meant that the economic risk for 2023 became too great.' Former DTM boss Gerhard Berger has explained his reasons for selling the series to ADAC ⬇️

and will become the promoter of the championship from 2023., of which he was the sole owner, amid uncertainity over generating enough revenue to cover its costs next year.

Berger explained that ITR had"managed better than expected" under the "special challenge" posed by the pandemic and refuted suggestions that it lacked the money to continue. However, Berger said "an additional hurdle has been added to the budgeting" for 2023 as the under-development DTM Electric series"was now also in the focus of the discussions" with Read Also:"The link with this project was the precondition for obtaining the full sponsorship budget," Berger said.

"Among others, we had already come very far with Varta as a battery partner, in addition to Schaeffler and Mahle. However, we were ultimately turned down there."

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