The organisers of the Grand Prix of America say that they are “working on restructured financial arrangements for a 2015 race” in New Jersey.
Although it’s been clear for some weeks that the race had been dropped from the 2014 calendar, they waited until today before responding.
In a statement event chairman Leo Hindery said: “Our entire management team and our supporters in New Jersey, New York and throughout the Formula One community obviously want to see the inaugural Grand Prix of America at Port Imperial take place as soon as possible. Bringing a world-class race to the world’s largest media market is a huge undertaking that has required balancing construction of our road course, without tapping any public money, with the Sport’s own timing demands.
“I want to thank Formula One Management, New Jersey Governor Chris Christie, Mayors Richard Turner and Felix Roque, Roseland Property Company and the other local property owners involved for their patience while we’ve worked to get this right so that we can finally go racing in 2015.”
Long Beach founder Chris Pook, special assistant to Hindery, said: “This is a very complicated circuit and incredibly important to the overall Formula One program in North America. To get it right in New York will greatly increase awareness of Formula One and motor racing across the continent. I remain very confident about this event.”
Meanwhile Bernie Ecclestone was quoted as saying: “There is great demand for a race in New Jersey and I have no doubt we’ll be racing at Port Imperial in 2015. New races can take many years to get started, but there is significant momentum and we are close to realising a New York City F1 race.”