A decision on whether Hockenheim will appear on the 2010 Formula 1 World Championship calendar is due to be made next week following the admission by circuit officials that they are no longer willing to make up the losses of hosting a race.
Hockenheim has been a firm fixture on the F1 schedule since 1986, hosting each German Grand Prix for twenty years until 2006 when it was forced to alternate its duties with the Nurburgring in a bid to stave off financial hardship.
Nonetheless, despite not hosting an event in 2009, Hockenheim has hinted that it doesn't want to pick up a multi-million euro bill for a race that otherwise makes a loss when it returns to the calendar in 2010.
Even so, F1 chief executive Bernie Ecclestone is working on a solution behind the scenes to ensure the circuit, which underwent a major redesign in 2002, remains a crucial fixture of the summer schedule.
“We are talking and working on a solution,” Ecclestone is quoted as saying by the German news agency SID. “I hope we will succeed: maybe next week.”
“In Germany there must always be a race,” the Formula One Management (FOM) supremo added, speaking to German publication Auto Bild Motorsport
. “The Germans have put a lot of money into F1 and with Mercedes have a winning team. We have to make sure they are there.”
Meanwhile, Argentina is the latest nation to confirm its interest in securing a place on the F1 roster over the coming years.
The South American country, home of F1 legends Juan Manuel Fangio and Carlos Reutemann, has a rich history in sport, hosting a total of 21 races between 1953 and 1998, all at the Autódromo Oscar Alfredo Galvez circuit in the capital Buenos Aires.
Although Ecclestone has said the track is not up to the standard of hosting an F1 event at the moment and that no deal is likely to be in place for next season, he reveals talks are ongoing.
“We are in discussions about it,” the DPA agency reports. “Things probably won't be in place in time for 2010 but we are in talks about it.”