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.
Apr 18, 2015, 6:44 PM EDT
NBCSN IndyCar analyst Townsend Bell returns to the Indianapolis 500 with Dreyer & Reinbold/Kingdom Racing.
Apr 18, 2015, 6:19 PM EDT
Qualifying underway from Long Beach.
Apr 18, 2015, 5:52 PM EDT
IndyCar qualifying about to go on NBCSN and NBC Sports Live Extra.
Apr 18, 2015, 5:28 PM EDT
Jack Harvey will start from the pole for Sunday’s Indy Lights race in Long Beach.
Apr 18, 2015, 5:00 PM EDT
American driver Alexander Rossi performs admirably to finish third, having lost the lead of the race with two laps remaining.
Apr 18, 2015, 3:15 PM EDT
Despite expecting to struggle in Bahrain, Sainz will start the race from ninth place on Sunday.
Apr 18, 2015, 2:40 PM EDT
Grosjean believes he could have qualified higher up the grid, but is pleased to have maintained his 100% Q3 record in 2015.
Apr 18, 2015, 2:12 PM EDT
Simon Pagenaud led IndyCar’s final practice session in Long Beach.
Apr 18, 2015, 2:07 PM EDT
Daniel Ricciardo fares far better in the sister Red Bull, qualifying seventh in Bahrain.
Apr 18, 2015, 2:00 PM EDT
Former Red Bull driver believes that the focus should not be on tire management, but instead on driver ability and pace.
Apr 18, 2015, 1:30 PM EDT
Rosberg misses out on the front row for the second time in three races, exposing Mercedes to the threat from Ferrari in the race.
Apr 18, 2015, 1:04 PM EDT
Conor Daly gets a last-minute IndyCar shot with Dale Coyne Racing.
Apr 18, 2015, 1:00 PM EDT
Four-time world champion qualified second for the Bahrain Grand Prix, splitting the Mercedes drivers at the front of the grid.
Apr 18, 2015, 12:30 PM EDT
The defending F1 world champion feels more at ease with this year’s car in Bahrain, allowing him to dominate qualifying on Saturday.
Apr 18, 2015, 10:00 AM EDT
John Booth says that the long-term future of the team is being planned and secured thanks to fresh investment.
Apr 18, 2015, 9:02 AM EDT
The defending world champion edges out Ferrari’s Sebastian Vettel and Mercedes teammate Nico Rosberg in FP3 ahead of qualifying later today.
Apr 18, 2015, 7:45 AM EDT
Mercedes and Ferrari continue to exchange blows in Bahrain, but who will get the upper hand ahead of qualifying?
- Simon Pagenaud fastest in IndyCar’s final Long Beach practice 0
- Hamilton eases to fourth straight pole position in Bahrain 0
- Hamilton closes out Bahrain GP practice on top 0
- INDYCAR confirms more aero kit updates coming to Long Beach 1
- Rocky Moran Jr. to replace Huertas in Coyne’s No. 18 for Long Beach 7
- Rosberg heads up Mercedes one-two in Bahrain FP2 1
- Kimi Raikkonen quickest in first practice for Bahrain GP 2