Jul 2, 2013, 10:00 AM EDT
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.
Jul 6, 2015, 9:04 PM EDT
Degree of continuity at Coyne, as Mann and Vautier confirmed for next two short ovals.
Jul 6, 2015, 5:00 PM EDT
Scott Hargrove adds two more wins to his record after a one-day sweep of two Porsche races in Canada.
Jul 6, 2015, 4:04 PM EDT
IndyCar, Indy Lights drivers try to guess towns or cheeses in Wisconsin.
Jul 6, 2015, 2:04 PM EDT
The potential ripple effects of Austin Dillon’s catch-fence accident could extend far beyond NASCAR.
Jul 6, 2015, 1:14 PM EDT
Sandell, Dyne make it a double top-five for Bryan Herta Rallysport at MCAS New River.
Jul 6, 2015, 11:19 AM EDT
Leading 1-2 early, Williams was almost trapped, rather than able to seize its moment in Silverstone.
Jul 6, 2015, 10:00 AM EDT
A gamble on intermediate tires backfires for Kimi Raikkonen at Silverstone.
Race Recap: Hamilton sees off early Williams threat and late rain shower to claim third home victory
Jul 6, 2015, 9:00 AM EDT
The British driver sends the home crowd into raptures with his third Silverstone victory.
Jul 6, 2015, 8:30 AM EDT
After the latest Red Bull GRC round, we catch up with NBC Sports Group motorsports analyst Townsend Bell for a special Red Bull GRC installment of “Ten with Townsend.”
Jul 6, 2015, 8:00 AM EDT
Luke Smith gets a little patriotic following his home grand prix, explaining why F1 could stand to be a little more British in its mentality.
NHRA: Anderson wins 4th of ’15, Stoffer over Sampey in 3rd all-female final in NHRA history; Kalitta, Beckman also win
Jul 5, 2015, 9:53 PM EDT
Doug Kalitta (Top Fuel), Jack Beckman (Funny Car), Greg Anderson (Pro Stock) and Karen Stoffer (Pro Stock Motorcycle) took home wins in Sunday’s NHRA race in Norwalk, Ohio.
Jul 5, 2015, 6:00 PM EDT
Block wins at MCAS New River, Round 4 of the Red Bull GRC season.
Jul 5, 2015, 4:00 PM EDT
Before NASCAR resumes on NBC from Daytona, see Red Bull GRC pick up its season from its first race after Daytona, at MCAS New River.
Jul 5, 2015, 3:06 PM EDT
Will Buxton brings you all of the post-race interviews and analysis at Silverstone.
Jul 5, 2015, 2:00 PM EDT
Roberto Merhi and Will Stevens finish 12th and 13th at Manor’s home race.
Jul 5, 2015, 1:30 PM EDT
Brazilian driver forced to settle for fourth place at Silverstone on Sunday.
Jul 5, 2015, 1:00 PM EDT
Issue on the Renault power unit forces Ricciardo out of the race at Silverstone.
Jul 5, 2015, 12:00 PM EDT
Could today have marked Valtteri Bottas’ first victory in Formula 1?
- DiZinno: Daytona fence crash ripple effect could extend to other motorsports 4
- Ten with Townsend: Red Bull GRC 4 races in, post-MCAS New River 0
- Smiling Through the Rain: Silverstone proved that it isn’t all doom and gloom in F1 2
- NHRA: Anderson wins 4th of ’15, Stoffer over Sampey in 3rd all-female final in NHRA history; Kalitta, Beckman also win 2
- Ken Block seizes opportunity, wins Red Bull GRC at MCAS New River 0
- F1 Paddock Pass: British Grand Prix post-race (VIDEO) 0
- Emotional Hamilton tears up on last lap of British GP, thanks fans for support en route to win 1