Nuerburgring to host Formula One grand prix as planned Red Bull driver Mark Webber steers his car around the Nuerburgring during the 2009 F1 season. THE financially troubled Nuerburgring circuit will host a grand prix as planned this year after striking a deal with F1 boss Bernie Ecclestone. "The long period of uncertainty over the site of the pinnacle of motorsport in Germany is ended," the state-owned Nuerburgring operating company said in a statement. The Rhein-Zeitung newspaper reported that Ecclestone struck the deal with Nuerburgring GmbH chief Karl-Josef Schmidt late Wednesday. "I very much appreciate the Nuerburgring and its history," Ecclestone said in translated comments. Even today, the grand prix route demands the most from drivers and teams. Hockenheim, which hosts the German Grand Prix every other year, indicated its availability to host the July 7 race if a deal could not be struck with Nuerburgring. It is still unclear if the race will be called the German Grand Prix or the European Grand Prix. GmbH insolvency administrator Thomas B. Schmidt thanked Ecclestone and said "with his commitment to the legendary racetrack, he delivers a significant and valuable contribution to the Nuerburgring." Nuerburgring filed for insolvency last July.