The right to host a Formula One grand prix in Germany was once a hot commodity. Both Hockenheim and the Nürburgring wanted it, and for years, both got it, with the former's event billed as the German Grand Prix and the latter's as the European Grand Prix. Both put up a fight when parallel events were reduced to one, and an alternation agreement was put in place for the Nürburgring to host in even years and Hockenheim in odd years. But in a spectacular sign of the times, it appears that nobody wants the race next year.
Hockenheim was counting on government support to pay the allegedly exorbitant fees demanded by rights holder Bernie Ecclestone, But with empty coffers, local government officials aren't willing to foot the bill any longer. All eyes were then cast upon the Nürburgring, which hosted the race just last weekend, but according to managing director Walter Kafitz, they don't have the cash to host it, either. Kafitz says the only solution would be for Ecclestone to reduce his fees, but after a meeting with the local governor was canceled in the wake of Ecclestone's recent comments, that seems about as likely as
[Source: Autosport | Image: Atilla Kisbenedek/AFP/Getty]