After this year’s race, originally schedule for 19 July was cancelled, the German Grand Prix will in all likelihood return for 2016.
The race, which had run consecutively since 1955, is provisionally included on the 2016 Formula 1 calendar. After a 21-year stint at Hockenheim between 1986 and 2006, the race is currently shared between Hockenheim and Nürburgring.
Toto Wolff, motorsport boss at Mercedes, maintains that it will definitely go ahead despite the fact that some lingering doubts remain.
"We will be in Germany next year – the race is 100 per cent going to happen," Wolff told the Independent.
"The budget is there, it is a fact. Bernie Ecclestone, Mercedes and the organisers in Hockenheim tried to help fund it  but we couldn't come up with the budget,” he added.
He admitted that not having a German Grand Prix had an impact at Mercedes. The fans too, had missed out.
"There is an impact on Mercedes from losing the German Grand Prix but, as much as it is a shame that we can't show and display our cars in front of our fans and Daimler colleagues, we will be there next year," he said.
Wolff played down the fact that only 55 000 spectators came to the 2014 race.
He believes that the break might prove a blessing in disguise.
"There is a little bit of a hangover in Germany about F1, sports in general and national heroes," he said.
"We had Michael Schumacher five times in a row, we had Sebastian Vettel four times in a row, the German football team winning the World Cup. I think they have had it all and where do you go from there?
"Maybe not going there for a year and coming back next year could be a good thing."