By Christine Valdez
Web Production Assistant
What would have been Formula One’s debut race of the Grand Prix of America at Port Imperial has been postponed for a second time. The New Jersey race that was set to be held in the streets of Weehawken and West New York next June now has a pending date for 2015.
In a statement released by GP America, Executive Chairman and Promoter Leo Hindrey, Jr. says that financial arrangements are being worked on for a 2015 race.
“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,” said Hindrey.
The race in New Jersey had originally been scheduled for June 2013, but it was pushed back a year to June 2014. A 3.2-mile street circuit along the Hudson River and with the New York City skyline in the background are within the plans for the race.
Formula One Management President and Chief Executive Officer Bernie Ecclesone says in the statement that there is a great demand for a Formula One race in New Jersey and that he has no doubt that the race will happen in 2015.
“New races can take many years to get started, but there is significant momentum and we are close to realizing a New York City F1 race,” said Ecclesone.
If the race does go through as planned, about 100,000 people are expected to attend throughout the three-day event. About $100 million is also expected to be generated through New Jersey and New York.