Hockenheim’s Formula 1 future secured (PA SportsTicker)
September 30, 2009
FRANKFURT(AP) —Hockenheim will host one of Germany’s two Formula One races through 2018.
The city authorities Wednesday the contract between the Formula One Association, the mayor of Hockenheim and the company that runs the circuit has been signed.
The FOA and the Hockenheimring GmbH have agreed to share “business risks and opportunities” from running Formula One races on the circuit, which has lost money in recent years, according to the statement.
The German Grand Prix alternates between the Nuerburgring and Hockenheim. Next year’s race is at Hockenheim.
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