Formula One Finally Coming To NYC Area

This rumor has been batted about, then nearly came to fruition, only to have it dashed by F1's overlords, but Formula One will officially come to New Jersey, with the NYC skyline as a backdrop of a full-fledged Grand Prix in 2014. According to reports, a deal was reached, resulting in a 15-year deal with F1. It will be dubbed the Grand Prix of America, and take place on a 3.2-mile course, including existing roads. This deal is the latest chapter in an ongoing saga to bring an F1 race to the NYC area. About a year ago, Formula One's higher-ups, including iron-fisted boss, Bernie Ecclestone, scrapped a deal, which was originally thought to be solely over money, but apparently the facility was no position to host a race. "Physically, we weren't ready," said race promoter Leo Hindery, "we also didn't have the right contract in place with Formula One." While the original plan called for temporary facilities, the new deal ensures the track will have permanent pits and race structures. The track will occupy a parcel of land near the Port Imperial Ferry Terminal, in Weehawken, NJ, including Boulevard East as a straightaway portion of the track. Paving work on the track may start as early as next week, with the first race scheduled for June of 2014. FORMULA ONE: See more F1 pictures, videos and news on BoldRide