Disastrous Assessment by Toto Wolff for German Grand Prix
Formula 1's Absence from the German Racing Round: Toto Wolff weighs in on Germany's Potential Return
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Mercedes Motorsport head Toto Wolff dismisses the notion of a swift return of Formula 1 to the land of automobile giants. In an interview with the "Frankfurter Allgemeine Zeitung," Wolff expressed his doubts about the prospect of a German Grand Prix, attributing the gap to persistent economic barriers and a reluctance to innovate.
"The current economic climate within Germany does not appear conducive to an immediate Formula 1 race," said the 53-year-old Austrian. He further explained that no one seems to be confident in achieving profitability with a German Grand Prix at this time, pointing to deep-rooted traditional structures as a possible reason for the reluctance to invest.
Whereas in Silverstone, England, such a historical racing track successfully hosts a Grand Prix, Wolff further stated that the English demonstrate a knack for capitalizing on such events. He emphasized the need for German promoters to see a sound justification for hosting a Grand Prix—something that remains absent as of now.
Aboad the global boom in Formula 1, Germany misses out. Despite numerous parties expressing interest in hosting the race, there are currently no serious plans to bring the pinnacle of motorsport back to the Hockenheimring or the Nürburgring in the near future. The high entry fee of around 35.5 million euros is another notable factor hindering the race's comeback.
Since 2016, there have been no German Grand Prix races on the Formula 1 calendar. The last race took place in 2019 at the Hockenheimring, with Mercedes (Wolff's team) serving as title sponsor. A year prior, a Grand Prix took place on the Nürburgring albeit as a substitute event during a pandemic.
While discussions regarding the potential revival of the German Grand Prix continue, to date, there has been no official confirmation of a return to the race calendar in the near future. The pandemic, financial hurdles, and logistical challenges have played a significant role in the race's absence, but the persistence of these barriers has thus far stalled any agreement between the parties involved.
Source: ntv.de, sue/dpa
Sports enthusiasts in Germany may miss out on the thrilling racing action of Formula 1, as economic barriers and a reluctance to innovate persist. Toto Wolff, head of Mercedes Motorsport, expressed his doubts about the return of Formula 1 racing to Germany, citing these factors as major hurdles.