The latest auto news, reviews, prices, product and vehicle releases. Oct
19th
Stay connected Subscribe to our RSS feed
Bernie Ecclestone announces the inaugural New Jersey Grand Prix won't take place in 2013.
The F1 supremo says he has reached the limit in terms of waiting for the organizers to get things in order on their end.
Foundation work was due to begin in early autumn but the engineering permits are still to get required before any work can start.
Bernie Ecclestone tells Eurosport: "It is not going to happen next year."
The Briton adds: "If they came up with the contract with us and we were satisfied the question is could they carry out the work in six months? Winter in New York is not good. There's not a lot going on with New Jersey. They are still running around trying to get their finances sorted out. I think if suddenly they found the investors they would be okay. They are looking for investors."
Bernie Ecclestone added to the Press Association: "The reason is because they didn't quite know what they were doing. They got all the permissions together. Everything was done, that was all fine, but then they missed the boat a little on some financing that was coming in."
Ecclestone's decision frees up one place on the 2013 calendar, reports say he is already in discussions over a Mexican Grand Prix.
But Bernie Ecclestone denied suggestions Turkey or Mexico could replace New York on the 20-race 2013 calendar.
"No, no, no. It will be 19 races," he said.
The F1 supremo says he has reached the limit in terms of waiting for the organizers to get things in order on their end.
Foundation work was due to begin in early autumn but the engineering permits are still to get required before any work can start.
Bernie Ecclestone tells Eurosport: "It is not going to happen next year."
The Briton adds: "If they came up with the contract with us and we were satisfied the question is could they carry out the work in six months? Winter in New York is not good. There's not a lot going on with New Jersey. They are still running around trying to get their finances sorted out. I think if suddenly they found the investors they would be okay. They are looking for investors."
Bernie Ecclestone added to the Press Association: "The reason is because they didn't quite know what they were doing. They got all the permissions together. Everything was done, that was all fine, but then they missed the boat a little on some financing that was coming in."
Ecclestone's decision frees up one place on the 2013 calendar, reports say he is already in discussions over a Mexican Grand Prix.
But Bernie Ecclestone denied suggestions Turkey or Mexico could replace New York on the 20-race 2013 calendar.
"No, no, no. It will be 19 races," he said.