Jun 11, 2013, 12:00 PM EST
The organizers of the planned F1 race in New Jersey say they have agreed a new 15-year contract with Bernie Ecclestone to host the race from next season.
The event, dubbed the Jersey Grand Prix, was given a place on the 2013 calendar last year but was cancelled when it became clear the venue would not be ready in time.
“Bernie was 100 percent correct in that we hadn’t satisfied his demands and we didn’t have a binding contract in place, and he had every right to question our ability to get it done,” said Leo Hindery, the former racing driver behind the proposal, to the Star-Ledger.
“And as we told Governor [Chris] Christie, we were going to do it without any money from the state or the towns, and that made it very difficult. And it took us longer.”
Proposals for a 19-turn, 3.2-mile street course on the bank of the Hudson River were revealed last May. Race promoters visited the Canadian Grand Prix last weekend to meet with Ecclestone.
“We’re going to go racing sometime in June 2014,” Hindery added.
The Port Imperial race organizers recently announced the hiring of former Long Beach Grand Prix promoter Chris Pook as Bindery’s special assistant. Marty Hunt, the former director of facilities at the Circuit of the Americas, became their director of race operations last week.
Ecclestone said last month a final decision on the race would not be taken for “another couple of months”.
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