Formula One news

Hockenheim in revival talks with Ecclestone

Bernie Ecclestone is keen to see Hockenheim retain a place on the Formula One calendar, it has been revealed. The German Grand Prix, currently alternating between both Hockenheim and the Nürburgring, is currently not set to return to the former although the F1 commercial rights holder is in talks with race organisers to find a solution.

With the local council, which owns 94% of the legendary venue, having waved goodbye to the race last week as a result of losses in excess of €6m in 2008, it means that the Nürburgring - which is due to host the race this year - now appears to have taken on full duties for the country's Grand Prix.

"There is a noticeable will on the part of Mr Ecclestone to keep Formula One at the Hockenheimring," German press agency DPA was told by Karl-Josef Schmidt, financial chief executive of Hockenheim Ring GmbH, who added that an agreement could be in place by the end of July for Hockenheim to be able to host the Grand Prix again, as scheduled, next season. "The situation needs to be sorted out soon," he emphasised.

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