When the FIA revealed the final calendar for the 2014 Formula One World Championship, it was lacking in one specific area: namely, the proposed Grand Prix of America that was set to take place in New Jersey just across the river from Manhattan did not make the cut. But the organizers behind the race insist that it has not been canceled – merely postponed.
In a statement released hot on the heels of the FIA's decision, GP America chairman Leo Hindery, Jr., noted that the setbacks were primarily financial. The endeavor is being undertaken entirely with private funding and no government assistance, and with another year to work it out, the promoters hope to get the race back on the calendar for 2015.

"There is great demand for a race in New Jersey," added F1 boss Bernie Ecclestone, "and I have no doubt we'll be racing at Port Imperial in 2015." The race is earmarked to take place on a temporary street circuit running 3.2 miles along the Hudson River between the New Jersey towns of Weehawken and West New York.
Show full PR text
Grand Prix of America at Port Imperial postponed

WEEHAWKEN, N.J. (Dec. 4, 2013) The Grand Prix of America at Port Imperial, a Formula One World Championship race slated for June 2014 on the streets of Weehawken and West New York, N.J., has been postponed. GP America executive chairman and promoter Leo Hindery, Jr., and his team are working on restructured financial arrangements for a 2015 race.

Hindery acknowledged the challenge of completing the intricate financial structure for the event, which will run on a 3.2-mile temporary street circuit along the Hudson River, with the New York City skyline as the backdrop.

"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," he said. "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."

Bernie Ecclestone, Formula One Management president and chief executive officer, is looking forward to a first-class inaugural Grand Prix of America in 2015.

"There is great demand for a race in New Jersey and I have no doubt we'll be racing at Port Imperial in 2015," he said. "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."

Christopher R. Pook, GP America special assistant to the chairman, noted the complexity of creating the first Formula One event in the New Jersey/New York area.

"This is a very complicated circuit and incredibly important to the overall Formula One program in North America," he said. "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."
The Grand Prix of America at Port Imperial will run on a 3.2-mile temporary street circuit in Weehawken and West New York, N.J., along the Hudson River and across the top of the Palisades cliff, with the New York City skyline as the backdrop. More than 100,000 people are expected to attend the three-day event, most arriving by public transportation. The race, which will receive no government subsidies, is expected to generate more than $100 million in annual economic benefits for New Jersey and New York.

Fans can get information about the Grand Prix of America by signing up for the GP America mail list at www.gpamerica.com.


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 7 Comments
      mike
      • 1 Year Ago
      Sow how are they going to get the NJ streets baby butt smooth without gpvt assistance?
        BLS
        • 1 Year Ago
        @mike
        I don't know about New Jersey but in PA and OH the roads are constantly under construction and they suck. I would think that private money and the accountability that comes with it might have better luck smoothing the roads with the appropriate permissions from the govts that run the roads.
      Brett Bertrand
      • 1 Year Ago
      So... two F1 races in America? What about COTA?
      • 1 Year Ago
      [blocked]
      • 1 Year Ago
      [blocked]
      johnhkart
      • 1 Year Ago
      Drove the course in October, it's going to be pretty awesome with at least three braking zone passing areas. They have some work to do though . The climb up the hill from the port area has speed bumps and they are going to have to grind them away. Fingers crossed it happens in 2015, I was impressed with the layout !
    Advertisement
    2014 Jeep Cherokee
    MSRP: $22,995 - $30,095
    2015 Mercedes-Benz E-Class
    MSRP: $51,800 - $103,200
    2014 Chevrolet Cruze
    MSRP: $17,520 - $24,985