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Hockenheim seeking 'risk-free' new contract with F1
The German Grand Prix at Hockenheim will only remain on F1's schedule beyond this year if its organisers can secure a "risk-free" deal with the sport's commercial rights holder. The terms governing its current 10-year contract with Formula 1 were imposed during the Ecclestone era, but the promoters of the event can no longer afford the costly conditions. Formula 1 CEO Chase Carey may therefore soon need to put his money where his mouth is given his recent reassurances about preserving the sport's historic races, such as the German or British Grands Prix. "We would like to have it (the race) in the future but the key point is we cannot prolong under current conditions,”...
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