As the global economic crisis continues to swirl, and it becomes more obvious that all arenas of motorsports are in for a bumpy ride, now comes word that Formula 1 may lose another (two) venues? As the organizers of the Hockenheimring have just divulged that it incurred a loss of $4.1m (Euros) this past July.
Although next year’s German GP is slated to take place at the rival Nurburgrin, Hockenheim’s track management have also announced that without government assistance, it will no longer be able to host a round of the Formula 1 circus in the future, which would most likely cause the Nurburgring to forgo F1 also.
And even if Emperor Bernardo isn’t worried by this, I’m sure that it would be a blow for Mercedes Benz, BMW and Toyota, who’s based in Colone, not to mention that 25% of the ’08 grid was comprised by German drivers...
Fears for German GP