Plans for a New York street race were foiled by financial backers that pulled out, Bernie Ecclestone has revealed. A second American grand prix, in New Jersey but amid the iconic Manhattan skyline, has appeared on draft calendars for some time but the F1 supremo now admits it is unlikely to happen. "I honestly don't think so," Ecclestone said in Belgium last weekend. "They still have the same problems they had in the beginning. Nothing has changed." Now, speaking to the F1 business journalist Christian Sylt, the nature of those 'problems' has become clear -- and it's all about money. "Two or three backers that (promoter) Leo (Hindery) had had confirmed to me that...
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