'No German GP for 2015' - SuperSport - Motorsport'No German GP for 2015'
17 March 2015, 18:52
There will be no German Grand Prix this year, Hockenheim circuit boss Georg Seiler said on Tuesday in a decision that ended months of uncertainty over the country's Formula One race.
The absence of Germany, home of reigning world champions Mercedes, for the first time since 1960 leaves the calendar with 19 races.
"We have no hope any more of having a Formula One race here (this year)," Seiler told Bild newspaper. "We did everything in the last few years to keep the fans happy."
Formula One supremo Bernie Ecclestone had kept the door ajar
but Seiler said time had run out because "quality would now suffer" if they went ahead with the 10th round of the championship.
"We had declared ourselves willing to step in for Nuerburgring, something we were contractually not obliged to do," he said.
"There were talks with third parties over taking over the risk but they were not successful."
Ecclestone told Reuters on Monday that Hockenheim was the only option for the July 19 race despite it being the Nurburgring's turn under an alternation agreement.
Hockenheim hosted last year's grand prix, and is also due to host it in 2016, but the circuit has made heavy losses due to poor attendances and is unwilling to shoulder the burden for three years in a row.
The Nuerburgring, one of the sport's most historic venues with the original track dating from the pre-World War Two years, also has financial troubles and has changed ownership since it last appeared on the calendar.
German drivers have been among the most successful in Formula One, with Michael Schumacher winning a record seven world titles and 91 races while Sebastian Vettel is a four times champion.
However attendances dwindled after Schumacher, who won five of his titles for Ferrari, retired in 2012 after an unsuccessful comeback with Mercedes.
Only 52 000 fans turned up on race day at Hockenheim last year to see Germany's Nico Rosberg win the race for Mercedes. The victory was the first by a German driver in a German car on home soil since the 1930s.
I'm guessing "the gnome" is Eckelstone, but what is "CVC"?
Formula One Group - Wikipedia, the free encyclopediaThe Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship and exploitation of the sport's commercial rights. Bernie Ecclestone, a former Formula One team boss, has run the company since gaining control of the commercial rights. The Group is owned ultimately by Delta Topco, a Jersey–based company owned primarily by investment companies CVC Capital Partners, Waddell & Reed, and LBI Group, with the remaining ownership split between Bernie Ecclestone, other investment companies and company directors.
Legendary Italian marque Alfa Romeo has been tipped as a potential supplier for the FIA's planned new F2 category, according to sources in Italy.
Last Friday, the FIA's World Motor Sport Council approved the creation of a future FIA F2 Championship, aimed at bridging the gap between F3 and F1 and completing its single-seater ladder that starts with F4.
A detailed F2 project will be submitted to the WMSC in July. Interested promoters will then be sought, although a date has not yet been given as a target launch season.