LONDON, England - Formula 1 champion team Mercedes tried to keep the German GP on the 2015 calendar but an offer of financial assistance was rejected and the race was struck off.
The German automaker said: "The German GP is a core race on the F1 calendar and we have a significant interest in this race taking place. Mercedes-Benz participated in discussions and offered a significant contribution to support a successful German GP at the Hockenheimring in 2015. This offer was, unfortunately, not accepted."
Media reports indicated that Mercedes had been willing to cover half of any potential losses and to pay for a significant amount of promotion.