Contact Us
Make My Homepage

Finances Cited as Challenge for New Jersey F1 Race

The promoter of a planned Formula One race in New Jersey says he’s working to restructure the financing so the event can be held in 2015.

Formula One
Clive Mason, Getty Images

Leo Hindery Jr. said Wednesday he wants the race to take place as soon as possible. But he calls it a “huge undertaking” to build the road course without tapping public money while also meeting the sport’s timing demands.

F1 chief executive Bernie Ecclestone said last month during the U.S. Grand Prix in Texas that the New Jersey race would not take place in 2014, though it had been on the provisional calendar for the year.

Plans call for the race to run on a 3.2-mile temporary street circuit along the Hudson River in the towns of Weehawken and West New York, with the New York City skyline as a backdrop.

 

(Copyright 2013 by The Associated Press.  All Rights Reserved.)

 

Best of the Web


Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://nj1015.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!