coool... but i didn't know there was that much free money laying around in NJF1 coming to the East Coast!!! Evidently live announcement tomorrow on SPEED....
New Jersey set to host F1 race in 2013
ESPNF1 Staff
New Jersey will host a Formula One race in 2013, according to a report in the Wall Street Journal.
Earlier this year the townships of West New York and Weekhawken announced their interest in bringing F1 to the city, with plans for a street race set against the backdrop of the Manhattan skyline. The circuit will start in Weehawken at the beginning of JFK Boulevard East and go north before turning right down 60th street in West New York to River Road back towards Weehawken.
The latest report says an announcement is due on Tuesday which will see the race hit the streets in June 2013.
The reports suggest the New Jersey race will run alongside the US Grand Prix in Austin, which is set to make its debut on the calendar next season.
In August, the mayors of Weehawken and West New York released a joint statement saying the race would be privately funded, with Leo Hindery Jr, a former chief executive of the YES TV network, reportedly leading the group of investors.
“In these uncertain economic times when every direct and indirect revenue source is vital, our own Formula One race could be a very positive boost to our citizens,” mayors Richard Turner and Felix Roque said in a joint statement last August. “This said, we need to ensure that the financial benefits from the privilege of having these races in our towns are equitably shared and that no tax dollars are used. The investor group has already told us that our towns would be substantially compensated annually.”
F1 CEO Bernie Ecclestone has been in talks with various promoters to bring a street race to Greater New York over the years but the plans have never reached fruition.
http://en.espnf1.com/f1/motorsport/story/62196.html
So how many races are they going to run in 2013? Or are they going to continue to drain races away from Europe?
I’d really like to see them have races in a rotation; every 3 out of 4 years in North America, every 3 out of 4 years in the Far East, every 3 out of 4 years in the Middle East, but every year at the core tracks in Europe.
That way they can keep the races to a manageable number, but I doubt Bernie will go for that. He’ll ruin F1 just like the same practices ruined NASCAR.
The “Grand Prix of Monaco” to be followed by “The Grand Prix of Weehawken”.
I dunno, doesn’t quite roll off the tongue as well. :)
Still, that is within an easy train ride from where I live, so I’d be up for that.
.......*smiles*...they better watch out for car hijackers...
I know the area well....along the water front makes sense...it’s the only part of Google Weehawken NJ...it’s mostly along the water front...park like setting.....only rebuilt area there...
Knew that there would not be a NYC F1 race, the taxes would kill the teams.............
coool... but i didn't know there was that much free money laying around in NJ