The reconstruction of the A1-Ring is back on the agenda, but Dietrich Mateschitz has ruled out bidding to reinstate the Austrian grand prix in 2010 or beyond.

We reported last month that, four years after the circuit in Spielberg was demolished, work to get the track back in use was set to begin following years of speculation.

But although circuit owner Mateschitz, who runs the Red Bull energy drinks company, is injecting 70m euros into the project for new pit buildings and grandstands, the Austrian billionaire said linking the circuit with a return to the F1 calendar makes no sense.

He said Germany's DTM series will be the main attraction for the track once it is completed in 2010.

"There will be no MotoGP," he told the Salzburger Nachrichten newspaper, "and speaking about a return of formula one would be absurd."

Michael Schumacher won the last Austrian grand prix at the A1-Ring in 2003.

Source: GMM