The future of Hockenheim's formula one race could become clear after a meeting on Wednesday.

The future of Hockenheim's formula one race could become clear after a meeting on Wednesday.

It is reported that representatives of the financially embattled circuit and state prime minister Gunther Oettinger is scheduled to take place.

Oettinger, meanwhile, is seeking a meeting with F1 chief executive Bernie Ecclestone, the SID news agency also claims.

Hockenheim has said that, without a solution, Hockenheim will not return to the calendar in 2010 due to annual million euro losses.

Circuit boss Karl Josef Schmidt said Wednesday's meeting is "crucial" to the outcome.

He said he is not in an overly optimistic mood, but: "If a prime minister sits down to talk, then it is not just for fun."

And Schmidt added: "Ecclestone knows that the prime minister wants to speak with him."

A precise deadline for a solution has not been set, but Schmidt said that Hockenheim needs approximately a full year to prepare for a 2010 race.

 

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