It’s Official: New Jersey will Host a Formula 1 Grand Prix in 2013


Korean GP organizers may be suffering huge losses after only two years of hosting a Formula 1 race and are already asking for a reduction in Bernie Ecclestone’s fees, but on this side of the world, things are quite different.

In August, we reported that the mayors of Weehawken and West New York in New Jersey were negotiating with investors led by former YES Network executive Leo Hindery, Jr., about the possibility of organizing a Formula 1 street race in New Jersey right along the Hudson River.

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