By alley - Mar 20, 2015, 2:26 PM ET

F1: German GP officially canceled by FIA

The German Grand Prix has been officially removed from the 2015 Formula 1 calendar by the sport's governing body, the FIA. It will be the first time since 1960 that the German Grand Prix will not feature on the F1 schedule.

The Nurburgring was due to host the race on July 19, but talks with the track's new owners collapsed over the winter. F1 boss Bernie Ecclestone said in January that he expected to close a deal with Hockenheim, but

the venue gave up hope of hosting the race earlier this week

.

On Friday, the FIA World Motor Sport Council announced that the race had been dropped from the calendar because "the CRH [commercial rights holder] and promoter did not reach agreement."

There will now be a three-week gap between the British Grand Prix on July 5 and the Hungarian Grand Prix on July 26, with the calendar reduced to 19 races.

REVISED 2015 FORMULA 1 CALENDAR

March 15 Australian GP
March 29 Malaysian GP
April 12 Chinese GP
April 19 Bahrain GP
May 10 Spanish GP
May 24 Monaco GP
June 7 Canadian GP
June 21 Austrian GP
July 5 British GP
July 26 Hungarian GP
August 23 Belgian GP
September 6 Italian GP
September 20 Singapore GP
September 27 Japanese GP
October 11 Russian GP
October 25 USA GP
November 1 Mexican GP
November 15 Brazilian GP
November 29 Abu Dhabi GP