Leo Hindery Jr is optimistic that the GP of America will go ahead despite admitting that are still several "obstacles" in the way.
The race, which is expected to take place on the streets of New Jersey, was initially scheduled to take place in 2013, however, it was pushed back a year when financial issues arose.
Rescheduled for next season, F1 supremo Bernie Ecclestone recently cast doubt over the grand prix's future.
"It's not on the cards for next year," he said. "They haven't got any money."
However, Hindery Jr, the organiser of the Grand Prix of America, believes the race will take place next season after signing a 15-year deal with Ecclestone.
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