'Long term' F1 deal for New Jersey

By on Thursday, June 13, 2013

The promoter of the American Grand Prix says a new long term deal is now in place to hold a Formula 1 race around the streets of New Jersey.

The inaugural race around the streets of Weehawken was due to take place this weekend but was postponed in October 2012 and the contract cancelled by Bernie Ecclestone.

But race promoter Leo Hindery insists that the event will take place in 12 months' time.

"Thanks to the patient, invaluable support of Bernie Ecclestone and FOM [Formula One Management] we now have the long-term sanctioning agreement needed to go racing for years to come, starting in June 2014," Hindery said.

"We knew we could design the course with [Hermann] Tilke's help, we knew that the state would be supportive because we would be paying them for the privilege, but we didn't have the capital structure," Hindery explained of the failure to host a race in 2013.

Hindery is also hopeful that the three events in North America will boost the profile of Formula 1 in that area.

"A good race in Montreal helps to develop a good race in Port Imperial, which helps to develop a good race later in the year in Austin," he said.

"We also expect to introduce a lot of young Americans to a sport that they have never seen first-hand," he added.

The American Grand Prix is expected to be part of a 21 race calendar in 2014, with the Russian Grand Prix in Sochi also being added to the schedule.

If you liked this post then share it with your friends on social media websites. You can also follow us on Facebook and Twitter to stay up to date with the latest F1 news.

On this day
  • Juan Pablo Montoya won the 2004 Brazilian Grand Prix.
  • Richie Ginther won the 1965 Mexican Grand Prix.
  • Mike Hawthorn won the 1954 Spanish Grand Prix.
  • Mario Andretti won the 1976 Japanese Grand Prix.
  • Ayrton Senna won the 1993 Japanese Grand Prix.
  • Fernando Alonso won the 2010 Korean Grand Prix.