Date: 19th January 2015 at 9:31am
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Since 2007 German race tracks Hockenheim and Nurburgring have held a race-share agreement in Formula One.

The agreement has seen the German Grand Prix alternate between the two venues, something which has aided both tracks through financial difficulty.

However whilst Hockenheim held the 2014 German Grand Prix, it looks like the Nurburgring is set to be written out of the contract with Formula One as the track has struggled financially in recent years.

In October the Nurburgring was purchased by new Russian owners, but it would appear that striking a new Formula One deal has proved difficult, leaving Hockenheim as the only available venue.

‘It’s going to be at Hockenheim, we’re in the middle of doing something with them. It can’t be Nurburgring because there’s nobody there,’ Formula One supremo Bernie Ecclestone told Reuters as quoted by Sky Sports.

‘We’ve got a contract in place [with Hockenheim], we just have to amend the years of the contract.

‘It was alternating with Nurburgring so we’ll just take that out.?