According to Christian Sylt, for CNN, Formula 1 boss Bernie Ecclestone has claimed the New Jersey Grand Prix is off for 2014. The race organizers apparently don't have the cash according to Ecclestone:
'It's not on the cards for next year,' he said, adding that the problem is 'they haven't got any money.'
Ecclestone has already canceled the race once when it was slated for the 2013 calendar but organizers say they are on track to host the race. Grand Prix of America spokesman Alex Howe said:
'We don't comment on financial matters but we are on track for 2014 and will have a statement following the announcement of the official 2014 FIA Formula One World Championship schedule,' said Howe.'...
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