F1-Fansite.com

Monaco Grand Prix

F1 News

Ecclestone: Departed backers ended New York F1 race hopes

Bernie Ecclestone
Bernie Ecclestone
Bernie Ecclestone and Fernando Alonso

Bernie Ecclestone and Fernando Alonso

Plans for a New York street race were foiled by financial backers that pulled out, Bernie Ecclestone has revealed.

A second American grand prix, in New Jersey but amid the iconic Manhattan skyline, has appeared on draft calendars for some time but the F1 supremo now admits it is unlikely to happen.

"I honestly don't think so," Ecclestone said in Belgium last weekend.

"They still have the same problems they had in the beginning. Nothing has changed."

Now, speaking to the F1 business journalist Christian Sylt, the nature of those 'problems' has become clear -- and it's all about money.

"Two or three backers that (promoter) Leo (Hindery) had had confirmed to me that they had an agreement with him and they were going to put the money up," Ecclestone told Forbes.

"If Leo had got the money or I had put the money up that race would have been on."

Ecclestone admitted that he went beyond his usual efforts for New Jersey, as the teams "were dying to have a race in New York so we were trying to make it happen".

Sylt said Ecclestone gave Hindery lots of chances by continually reinstating the race on draft calendars, and he even offered funding.

"I had nothing to lose with Leo," Ecclestone insisted. "If somebody had come along and put the money up and he had done the job I would have been delighted.

"He (Hindery) was trying to keep things alive hoping that somebody was going to put money in. It suited us to give him chances. Everybody wanted a race in New York."

Book discounted tickets and reservate your hotel room in our F1 Tickets Shop.

Please share this article & subscribe to our FREE weekly F1 Newsletter

PinIt
  submit to reddit

Latest posts in this F1 category:

See older posts in our F1 Archive »

Stay Updated by F1-Fansite!

2017 F1 Merchandise

2017 F1 MerchandiseGet your 2017 F1 Merchandise here.

Early Booking Discounts on F1 Tickets

Buy F1 Tickets cheaper at F1-Fansite.com 2017 Formula 1 Season Early Booking Discounts are:
F1 Grand Prix
Discount

Book entrance Monaco F1 GP Monaco '1725% Sold OutBook Now
Book entrance Canadian F1 GP Canada '17AvailableBook Now
Book entrance Austrian F1 GP Austria '1750% Sold OutBook Now
Book entrance British F1 GP UK '1740% Sold OutBook Now
Book entrance Hungary F1 GP Hungary '17AvailableBook Now
Book entrance Belgian F1 GP Belgium '175% DiscountBook Now
Book entrance Italian F1 GP Italy '1710% DiscountBook Now
Book entrance Belgian F1 GP Singapore '1717% DiscountBook Now
Book entrance Malaysian F1 GP Malaysia '17-9% DiscountBook Now
Book Japanese F1 GP Japan '17AvailableBook Now
Book entrance USA F1 GP USA '17AvailableBook Now
Book entrance Mexican F1 GP Mexico '17AvailableBook Now
Book entrance Brazil F1 GP Brazil '17AvailableBook Now
Book entrance Italian F1 GP Abu Dhabi '1730% DiscountBook Now

Polls

Will Alonso win the Indianapolis 500?

View Results

Loading ... Loading ...
F1 Polls