News Details
No money ends New Jersey F1 race hopes
Construction of the pit building at Port Imperial
Plans for a New York street race were foiled by financial backers that pulled out, according to Formula 1 Bernie Ecclestone supremo.
A second American Grand Prix, in New Jersey but amid the iconic Manhattan skyline, has appeared on draft calendars for some time but the Formula 1 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 Formula 1 business journalist Christian Sylt, the nature of those ‘problems' has become clear — and it's all about money.
'Two or three...
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