New Jersey To Host Formula 1 Race In 2013?

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Fernando Alonso in his 2011 Ferrari F1 race car

Fernando Alonso in his 2011 Ferrari F1 race car

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According to latest reports we could be hearing the announcement tomorrow of a second Formula 1 race in the U.S. to be hosted in 2013.

The news comes after months of speculation that New Jersey had been aspiring to host an F1 race.

Head of F1 Bernie Ecclestone has also made it no secret that he would like to have a race in the greater New York area.

And according to two insiders that spoke with The Wall Street Journal, it looks like he will get just that.

At a press conference at Port Imperial at Weehawken, NJ, scheduled by F1 officials for Tuesday, it is expected to be announced that grand prix race will take place on a road course along the Hudson River in Weehawken and West New York with the skyscrapers of Manhattan set as a back drop. The best part is that the race is expected to take place by as early as June, 2013.

If the reports prove true, this will be the second U.S. race on the F1 calendar for 2013. The other, as we already know, will be at an all new $250 million facility currently under construction in Austin, Texas, which is scheduled to host its first race next year.

The added race could mean a 20 race season for 2013, but there’s also a possibility that the venues could alternate annually the way the German Grand Prix alternates between the Nurburgring and the Hockenheimring. If there are to be two American rounds, which is the more likely scenario, it would mean the U.S. going from no F1 races to two in just two years.

The deal is being spearheaded by the mayors of both Weehawken and West New York and is being back by a consortium of investors led by former YES Network chief executive Leo Hindery Jr.

It’s a bit of a gamble having two races in a country where F1 is not particularly popular, but Ecclestone has been desperate to make inroads into the U.S. for some time now. Whatever the case may be, it’s a very exciting time for American F1 fans.

Stay tuned for an update.

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