British media report that Mercedes has offered to cover half of the potential loss if the Hockenheim racetrack hosted this year’s race for the German Grand Prix. After months of speculation, fears that Germany would be left without a Formula One race this year have unfortunately come true after the FIA canceled the event.
The owners of the Nurburgring, which was supposed to host this year's race, canceled the organization due to financial problems.
But the German Mercedes, which was thus left without a home race, offered to help cover the financial losses if the race were to be carried out anyway, but even that did not help.
“The organization of the races on the calendar and the individual events are a matter for the FIA, the promoters and the owner of the commercial rights,” a Mercedes spokesman told Obersver. “In principle, financial support for individual events is not the work of individual teams, nor do we believe that this is an acceptable practice for the future. Nevertheless, the race in Germany is crucial and its implementation is especially interesting for us. Mercedes-Benz took part in the negotiations and offered an extensive contribution to the successful implementation of this year's race for the German Grand Prix at the Hockenheimring. Unfortunately, they did not accept our offers. "
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