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Hockenheim: Hosting an F1 race shouldn’t financially ruin us

Baku, April 17, AZERTAC
Organizers of the Hockenheimring circuit are enthusiastic about returning to the F1 calendar, but clear obstacles stand in the way, according to official website of Formula 1.
Much like Malaysia’s Kuala Lumpur, the Hockenheim was one of the most popular events on the calendar. However, the German and Malaysian venues share the same dilemma that stalls their chances of a comeback.
The most recent German GP in 2019 is widely regarded as a classic by fans, demonstrating the close racing and unpredictability that defined the circuit.
Unfortunately for Hockenheim, a lack of financial support prevented it from achieving a new contract and preserving its place on the F1 schedule.
Formula 1 is already at the 24-race limit of the Concorde agreement (assuming the Chinese GP returns next year), which means there is limited space for the German GP to make a comeback.
Even if there were more than one calendar slot available (currently contested by South Africa and Belgium), Hockenheim does not seem high on the list of F1’s priorities.
But this is not due to any lack of interest from the circuit organisers, as managing director Jorn Teske has explained in an interview:
“We really want Formula 1 to come back to Germany. We know how important the pinnacle of motorsport is for a racetrack and also for the entire region,” he told Sport1.
“We know that we owe our global reputation to Formula 1, and we are doing everything we can to ensure there is a comeback.
There has been optimism the situation could change, with Audi’s entry in 2026 representing an added incentive for a country with such a rich history in motorsport to have a Grand Prix.
Audi has discussed the importance of the German GP making a return on numerous occasions, so it is likely Hockenheim will again be discussed more intensely in an F1 context.
The loss of free-to-air F1 broadcasts from RTL (in addition to Sebastian Vettel’s departure) are two other significant losses for Germany in F1.
Nico Hulkenberg’s participation should not be discounted, but speaking from a broader perspective, the situation is far from positive.
At least for the short-term, Hockenheim seems unlikely to feature again in the pinnacle of motorsport.

Sports 2023-04-17 17:21:00