Is Grand Prix of America In Serious Doubt?

According to The Guardian, Formula One’s CEO Bernie Ecclestone revealed that the contract for hosting the race in New Jersey next year has been torn up! What preceded this event were missed deadlines by race organizers. Deadlines which were placed in their agreement.

With all the drama in place for the race that was supposed to happen on a 3.2 mile street circuit alongside the Hudson river, accompanied by the beautiful Manhattan history skyline, many race fans (and us included) are starting to worry about what will happen.

Bernie Ecclestone simply states “They don’t have a contract.” turning all the attention to the race organizers over in United States. As various sources state, Formula 1 as an organization could loose up to 150 million pounds for a total of 10 years which the East Coast organizers agreed upon earlier. Now? It’s all hanging in the wind.

Jump over to The Guardian and check the full article with all the related information. To us, this is a sad turn of events we dully hope they will be sorted out. A street race is what we love in Formula 1 and one happening in the wider New York City and New Jersey area is what everybody would love to see.

Source: The Guardian

You might also like

Formula 1: 2010 Abu Dhabi Grand Prix Results Here are the results from the 2010 Abu Dhabi Grand Prix! The results will be followed by an article,...

Formula 1 Coming to Croatia? Could the above photography become real in my country? Seeing Red Bull, Mercedes GP, Ferrari, McLaren...

Nurburgring AVD Oldtimer Grand Prix By Erhardt Szakacs Erhardt Szakacs has visited the Nurburgring AVD Oldtimer Grand Prix just recently and he has decided...

Formula1: Dietrich Mateschitz fully expects Sebastian Vettel and Mark Webber to lock horns again in 2011 Looks like the days of team orders and calculating are behind some in Formula 1. Red Bull chief Dietrich...