The German Grand Prix looks set to be dropped from the 2015 Formula 1 World Championship schedule as organisers struggle to come to an agreement with the sport's commercial rights holders.

The event has faced an uncertain future since the Nurburgring dropped out of the running having been involved in a rotation system with the Hockenheimring since 2007.

Though the latter was set to take over to host the German Grand Prix again in 2015, it is yet to secure its place as the new owners have failed to come to a new agreement, with manager Georg Seiler reportedly telling Bild that is has "no hope any more of having a Formula One race here."

Related Articles

The 2015 German Grand Prix was due to take place on 17-19th July, though it is currently listed with a 'TBA' venue. Currently, no other venue in Germany is able to host an F1 event other than the Hockenheimring and the Nurburgring.

If the race doesn't go ahead it would be the first time Germany has not hosted a grand prix since 1955. The German Grand Prix itself didn't take place in 2007, though Nurburgring held an event under the European Grand Prix moniker.

It will also leave just eight European rounds on a reduced 19-strong calendar.