The German Grand Prix could be set to join Canada, the USA and France on the F1 scrap heap in 2010, it is feared, after the city of Hockenheim revealed that it is no longer willing to fund the race due to spiralling losses in recent years.
The Baden-Württemberg circuit has hosted the German Grand Prix on 31 occasions since 1970 – and almost exclusively since 1977 – and is currently alternating the event with the Nürburgring, which will stage the 2009 edition in just over a fortnight's time. The layout was redesigned and significantly shortened by renowned F1 circuit designer Hermann Tilke earlier this decade on safety grounds, with the popular long, sweeping forest section disappearing altogether – rendering the track, drivers rued, somewhat more bland and nondescript.
Almost wholly owned and financed by the city of the same name, Hockenheim had been due to welcome the top flight again in 2010 – but following a city council stakeholders meeting this week and in the light of the current global economic downturn, it seems that will not now happen.
“We will not be the promoters anymore,” mayor Dieter Gummer told German media, alluding to annual multi-million Euro losses and a €6 million deficit last year alone.
Read More Click:Crash.net No German GP in 2010