Ahead of the season finale at Abu Dhabi, Hockenheim head Georg Seiler’s claim has taken the racing world by storm.
The circuit chief states that the German Grand Prix will not be included in the upcoming season of the Formula One calendar after failed negotiation talks with F1 boss Bernie Ecclestone.
The iconic event staged at the Hockenheimring circuit will be missing next year due to lack of funding being the primary reason.
Ecclestone had already admitted before the July 31 race this term that the German GP was on the provisional list for the 2017 calendar, listed as ‘Subject to Confirmation’.
The venue has been uncertain for many years, but races were altered between Hockenheim and Nurburgring, before the latter was cancelled in 2015.
Speaking to AutoBild, as reported by ESPN, Seiler said: “There was no offer that would have excluded all economic risks.
“But just that was always our prerequisite. A pity, but not a surprise considering that the date was subject to confirmation and no deal between F1 and Hockenheimring was put in place.”
The present season, that saw 21-races being held across the globe, will now be truncated to 20 next season.
Chief executive Ecclestone concluded that Hockenheim’s offer was not enough.
Motorsport.com reports on the issue, with the 86-year-old saying: “They’re saying, or I think they’re saying, ‘We’d be prepared to continue with the same terms and conditions that we’ve had for the last two or three years,’ which are no good for us.
“We tried to keep them alive, but they’ve run out of tablets.”
All eyes will be on the Yas Marina circuit this weekend for the championship decider, but the ouster of German GP will certainly be on the back of everyone’s minds, especially Nico Rosberg and Sebastian Vettel which was a race on their home soil.