The German Grand Prix looks set to be struck off the 2017 Formula 1 World Championship calendar after Hockenheim circuit officials confirmed that they had been unable to reach an agreement with the sport’s commercial rights holder.
The circuit has played host to Formula 1 on alternating years in a shared agreement with the Nürburgring, however the latter’s financial troubles saw the 2015 Grand Prix scrapped after an eleventh-hour deal to have the Hockenheimring host the event in its place fell through.
While not officially under contract to host the 2017 event, the FIA’s first cut of next year’s calendar had the Hockenheimring provisionally listed as a host for the German Grand Prix, however circuit chief Georg Seiler has since confirmed that will not be the case.
“There was no offer which excluded all of the economic risks,” he told the German Auto Bild publication.
“This is disappointing, but it’s not a surprise, especially since the Grand Prix was subject to confirmation and there was no deal for Formula 1 [in 2017] at Hockenheim.”
It is understood that Seiler’s team was requesting a substantially-reduced sanctioning fee payable to Formula One Administration for reverting from the circuit’s traditional biennial position on the Formula 1 schedule, but that Formula 1 chief Bernie Ecclestone had refused to budge on his asking price.
Image via Red Bull Content Pool
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