A deal has been agreed for the Nurburgring to host the 2013 German Grand Prix, according to Formula 1 commercial boss Bernie Ecclestone.
The future of the event had been in doubt for several months as financial difficulties threatened the Nurburgring ability to host a grand prix.
Ecclestone said on Monday that talks had "regrettably" broken down because terms being offered by the track were "not financially acceptable" However, Ecclestone confirmed today that a deal has been agreed and that a race will take place on July 7.
"I treasure the Nurburgring and its history," Ecclestone said in a statement on Thursday. "In view of its long tradition, I was glad to support choosing the Nurburgring as the venue for the Formula 1."
The deal means 19 races have been confirmed for the 2013 calendar. The vacant July 21 slot is yet to be filled, despite reported interest from Turkey, Austria and Portugal.
2013 Formula 1 calendar
03/17 AUS Grand Prix of Australia
03/24 MYS Grand Prix of Malaysia
04/14 CHN Grand Prix of China
04/21 BHR Grand Prix of Bahrain
05/12 ESP Grand Prix of Spain (Barcelona)
05/26 MCO Grand Prix of Monaco
06/09 CAN Grand Prix of Canada
06/30 GBR Grand Prix of Great Britain
07/07 DEU Grand Prix of Germany
07/28 HUN Grand Prix of Hungary
08/25 BEL Grand Prix of Belgium
09/08 ITA Grand Prix of Italy
09/22 SGP Grand Prix of Singapore
10/06 KOR Grand Prix of Korea
10/13 JPN Grand Prix of Japan
10/27 IND Grand Prix of India
11/03 UAE Grand Prix of Abu Dhabi
11/17 USA Grand Prix of USA (Austin)
11/24 BRA Grand Prix of Brazil