Nico Hulkenberg says he is 'sad' there will reportedly be no German Grand Prix in 2015 as hopes for the event continue to fade.

As negotiations continue to stall between the Hockenheimring's new owners and F1's commercial rights holders, the likelihood of a German Grand Prix in 2015 appears increasingly slim now the new season in underway.

The move has been met with disappointment from the likes of Nico Rosberg and Hulkenberg, the latter expressing his disappointment that he will have no home race to compete in in 2015.

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Should the German Grand Prix not go ahead, it will be the first time since 1955 that F1 has not featured a race held in Germany and comes at a time when Mercedes is dominating the sport and - despite dwindling audience figures - remains a key market for the sport and its manufacturers.