![intro[1]](https://theridgewoodblog.net/wp-content/uploads/2013/12/intro1.jpg "Formula One Race in New Jersey in 2014 Delayed Due to Finances")
Formula One Race in New Jersey in 2014 Delayed Due to Finances
The Formula One race along the Hudson River waterfront in New Jersey tentatively scheduled for June 2014 was postponed for a second consecutive year due to financial difficulties.
Promoter Leo Hindery said in an e-mailed statement yesterday that he’s working toward holding the race in 2015.
“Our entire management team and our supporters in New Jersey, New York and throughout the Formula One community obviously want to see the inaugural Grand Prix of America at Port Imperial take place as soon as possible,” Hindery said. “Bringing a world-class race to the world’s largest media market is a huge undertaking that has required balancing construction of our road course, without tapping any public money, with the sport’s own timing demands.”
F-1 head Bernie Ecclestone said in the release that he had “no doubt” the race would be held in 2015.
“New races can take many years to get started, but there is significant momentum and we are close to realizing a New York City F-1 race,” Ecclestone said.
Plans to reinstate Mexico after a 22-year gap also were scrapped, according to the schedule published on the FIA website, while the Korean and Indian grand prix races were dropped from the calendar. The two additions next season will be races in Sochi, Russia, which is also the venue for next year’s Winter Olympics, and Austria, which hasn’t hosted a Formula One race since 2002.
The New Jersey event was postponed in October 2012 from its original date of June 16, 2013. Hindery said this year that the first postponement also was due to financial difficulties. (Novy-Williams/Bloomberg)