Formula 1 drivers have lamented the perilous financial situation facing Germany's Nurburgring track with Nico Rosberg saying losing it would be like Italy without Monza.The German state of Rhineland-Palatinate announced that Nurburgring GmbH, owner of the circuit which stages the German Grand Prix in odd-numbered years, was set to file for insolvency.Rosberg said:"It's a lot of history for us German drivers, we wish the situation improves and that we find solutions." 'AMAZING BIT OF TARMAC'"It would be a shame to lose the Nurburgring as a race, it's one of the most traditional races in the calendar. It would be like losing Monza for the Italians," he said.Red Bull Mark Webber added: "It's a sensational little track, a track which has to stay in the same configuration and stay open forever."It's one of the most amazing bits of tarmac in the world, a beautiful, beautiful, little circuit," he said.The Nurburgring opened in 1927 and held its first German Grand Prix the same year. A new shortened version of the circuit has been used since 1984 because the old one no longer met safety standards. Stay with Wheels24 for the German Grand Prix Formula 1 weekend!