Jun.24 (GMM) At a stakeholders meeting on Tuesday, it was decided that the city of Hockenheim will no longer host the German grand prix.
"We will not be the promoters any more," city mayor Dieter Gummer, ruing annual multi-million euro losses, is quoted as saying in the German press.
However, he was also quoted as leaving the door open to investors or a new promoter, and earlier this week it was rumoured that Hockenheim is open to the idea of FOTA's breakaway series.
Gummer said discussions with Bernie Ecclestone are taking place, and that the F1 chief executive has put into writing his desire for a solution to be found. (Hockenheim is alternating with the Nürburgring. Possibly the latter will become the permanent venue for the German GP, fc)
Written: Wed, 24 Jun 2009 08:58:28
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