Following persistent funding problems, culminating in the Brno circuit suspending ticket sales, this year's Czech Republic MotoGP round will go ahead.

But it could be the last unless a long term agreement is reached with the "competent authorities and circuit" by August 16.

The full statement from Dorna can be seen below:

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"Automotodrom Brno has informed Dorna of the difficulties to receive financial resources from the public sector for the 2014 and 2015 Grand Prix despite the fact that such financial resources had been promised several times to be released.

"Under these circumstances, Automotodrom has asked Dorna about the possibility of cancelling the 2015 Grand Prix but Dorna believes that cancelling the MotoGP race in Brno would neither be in the interest of the FIM, teams, sponsors and Automotodrom itself.

"Dorna and Automotodrom have agreed to continue with the existing contract under which the 2015 Grand Prix of the Czech Republic will take place and Automotodrom will meet its financial obligations.

"However, such conditions exclude the continuance of the 50 year-long tradition of Grand Prix in 2016 and following years in the Czech Republic, unless an agreement is reached before August 16th 2015, with the competent authorities and Automotodrom that guarantees the financial viability of the Grand Prix for the long term."

Brno boasted the biggest weekend crowd of the 2014 season, with 240,695 fans.

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Thank f##c for that. All booked up with trains and flights, could have been a sight seeing weekend.