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Organizers of the New Jersey Formula One race say that the event will be delayed until at least 2014. The $30 million annual fee F1 is demanding for the event is likely one cause of the postponement.
| Grand Prix of America red-flagged until 2014: Autoweek TV
10/19/12, 3:19 pm et
Also in this episode: The restyled Mazda CX-9 adopts the Kodo design language, and European Jeep buyers get the S-Line diesel Grand Cherokee.
TRANSCRIPT
-- The New Jersey Formula One race pulls into the pits.
-- The Mazda CX-9 gets a mild makeover.
-- And Jeep jazzes up the diesel Grand Cherokee in Europe.
It's Friday, I'm Natalie, and this is your end-of-the-week hot lap around the auto world with Autoweek TV. And now, the news:
Formula One fans hoping to see two races in the U.S. will have to wait at least until 2014. Organizers of the New Jersey race scheduled to launch next year have delayed the Grand Prix of America until 2014. Official confirmation of the change was expected today.
Sources have confirmed to us that the New... |
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