Jul 2, 2013, 10:00 AM EST
Ticket prices for the New Jersey Grand Prix will be sold at an average price of $563 according to UBS.
The Swiss financial services company which sponsors Formula One is behind an initiative to generate $100m of funding for the race as reported by the Daily Telegraph.
Passes for the prestigious Paddock Club will be priced at $4,255 for the race which will be run on a street circuit in front of the Manhattan skyline.
Race organizers expect 240,000 people to attend the three-day event which is slated to join the Formula One calendar next year.
Plans for the race were originally announced in 2011 when race organizers intended the Port Imperial street circuit to hold its first race this year. But it was struck from the calendar as work on the event fell behind schedule.
The New Jersey race will join the Circuit of the Americas as one of two Formula One grands prix to take place in the USA.
Leo Hindery, the former racing driver behind the planned race, claimed last month he had secured a 15-year deal with Bernie Ecclestone for the race.
F1 last raced in New York state when the Watkins Glen road course hosted the United States Grand Prix in 1980.
Jan 30, 2015, 7:00 PM EST
The son of NASCAR’s first African-American winner of a premier series race talks with NASCAR AMERICA’s Marty Snider about his father’s accomplishments.
Jan 30, 2015, 6:30 PM EST
CLICK HERE for stream links to tonight’s NBCSN coverage of the NASCAR Hall of Fame’s Class of 2015 Induction Ceremony in Charlotte, N.C.
Jan 30, 2015, 6:15 PM EST
Petty, a member of the NASCAR Hall of Fame’s inaugural class of inductees, speaks with NASCAR AMERICA’s Kelli Stavast before tonight’s Class of 2015 ceremonies.
Jan 30, 2015, 6:00 PM EST
Brasilia cancellation provides the latest chapter in the roller coaster ride that has been IndyCar’s international dalliance.
Jan 30, 2015, 4:05 PM EST
Alex Bowman joins Tommy Baldwin Racing for the 2015 season, replacing Michael Annett, who left for a ride at Scott Motorsports.
Jan 30, 2015, 4:00 PM EST
Coming up today: Live interviews and red carpet arrivals for tonight’s NASCAR Hall of Fame induction ceremony; a closer look at the careers of all five inductees; Gridiron Challenge preview.
Jan 30, 2015, 3:30 PM EST
2015 will be the first year that Hulkenberg has raced in F1 for two straight years with the same team.
Jan 30, 2015, 3:18 PM EST
Luca Filippi gets the opportunity several coveted, and will now have the chance to seize.
Jan 30, 2015, 2:30 PM EST
He is widely touted as being one of the brightest talents on the cusp of F1, but 2015 will be a big year for Raffaele Marciello.
Jan 30, 2015, 1:45 PM EST
With Sauber, the Swede hopes he can continue to develop and make up for a difficult rookie year with Caterham.
Jan 30, 2015, 1:15 PM EST
Marco Andretti set for a new number while Andretti Autosport continues to sort out the rest of its IndyCar lineup.
Jan 30, 2015, 12:30 PM EST
After boldly stating in 1999 that “all that can be achieved has been achieved”, Toyota will return to the WRC upon the next regulation change.
Jan 30, 2015, 12:00 PM EST
A full download of all posts from NASCAR Media Tour on NBCSports.com.
Jan 30, 2015, 11:30 AM EST
Australian driver does not feel under any added pressure in 2015 despite appearing to be the new team leader.
Jan 30, 2015, 11:15 AM EST
First video from Gridiron Challenge now up, in advance of the full event set to air tonight at 10 p.m. ET on NBCSN.
Jan 30, 2015, 10:51 AM EST
The No. 10 WTR Corvette DP reclassified to last in P after drive-time violation at Rolex 24 at Daytona.
Jan 30, 2015, 10:45 AM EST
After a miserable 2014, Raikkonen hopes that the new season and a new car will bring better fortunes for Ferrari.
Jan 30, 2015, 9:45 AM EST
Italian Luca Filippi will get the nod to drive the No. 20 Fuzzy’s Vodka Chevrolet alongside Ed Carpenter this season.
Jan 30, 2015, 9:40 AM EST
Four-time world champion is not expecting immediate success at Maranello.
Jan 30, 2015, 9:30 AM EST
Big day of coverage for NASCAR on NBC today, with 6.5 hours of coverage slated.
- WATCH LIVE: NASCAR Hall of Fame special and induction ceremony at 7 p.m. ET 0
- NASCAR Media Tour Content Recap: All posts, one place 0
- Gridiron Challenge: NASCAR drivers take football stars for a spin (VIDEO) 0
- Hall of Fame Induction Ceremony headlines 6.5 hours of NASCAR on NBCSN 0
- Ferrari reveals SF15-T for 2015 Formula 1 season 4
- Sauber aims to beat the blues of 2014 with C34’s launch 1
- Track executive arrested, charged with lewdness with 19-year-old 0