Despite the circuit's troubling financial situation, the 2013 German Grand Prix will take place at the Nurburgring as originally scheduled after all.
Normally the German GP alternates between the Eifel circuit and Hockenheim since neither circuit has the financial clout to pay for the race on an annual basis.
The 2013 event was scheduled to take place at the former, but after it was declared bankrupt largely due to the failure of the planned amusement park on site, doubts were cast over the viability of the arrangement.
After Hockenheim voiced its concern over its ability to step into the breach should the Nurburgring be unable to host the event, doubts were cast over the future of the longest-standing event on the calendar.
However, it now appears that the Nurburgring has found the necessary funds to ensure that it takes place as originally planned.
Management of the circuit has previously terminated talks with F1 supremo Bernie Ecclestone, but now track spokesperson Karl-Heinz Steinkuehler insisted to Sport-Bild that 'the F1 world has long known that the [race on] 7 July will run at the Nürburgring'.
The date of the German GP was changed after a European circuit was awarded the 20th race of the season, following the postponement of the event that is being held in New Jersey.
