Hockenheim will next stage the German GP in 2010

Hockenheim will continue as one of Germany's two Formula 1 circuits until at least 2018 after an agreement was reached over the track's F1 future.

Formula One Administration (FOA) and circuit chiefs have agreed a deal to cover any loss the event makes.

A statement on www.hockenheim.com read: "The FOA and the Hockenheim-Ring GmbH will share in the entrepreneurial opportunities and risks of the event."

Hockenheim, which alternates with the Nurburgring, first held the GP in 1970.

Promoters have predicted a 6m euro (£5.5m) loss on next year's Grand Prix.