Mar 23, 2014, 8:00 AM EDT
Long Beach Grand Prix promoter Chris Pook has estimated that it will cost $9.2m to upgrade the circuit if it is to host Formula 1 in the next few years, as he continues his crusade to bring the sport back to California.
Following the success of the revived United States Grand Prix at the newly-built Circuit of the Americas, plans have been made for a second race to be held at Port Imperial in New Jersey. However, with the project now twice postponed, other options in North America are being considered, and Pook is keen on bringing Formula 1 back to Long Beach.
“We just want the opportunity to state our case, to be considered,” he explained to the Orange County Register. “We just want them to take a look at what we bring to the table. That’s all we’re asking.”
Formula 1 last graced Long Beach back in 1983, and the race has since made up part of the IndyCar schedule. In order to host F1 again, though, some upgrades will be required such as extending the circuit in places. However, Pook says that original estimates are way off the mark, with the price being closer to $9m to complete the work.
“People have been saying it would cost $100 million,” he said. “That number has just stuck in people’s minds. It’s not even close to that.
“The net tax gain for Austin in 2013 was $4.9 million, and the net gain for Texas was $17.2 million. The value of F1 is that it provides new money. F1 racing draws a worldwide audience. You would be tapping into new consumers.
“F1 wants to be in Southern California by 2016,” Pook added. “I’m conflicted, because I want to see it here. It’s where we started and it’s a big piece of history.”
Quite whether Formula 1’s possible return to Long Beach comes to fruition remains to be seen, but Bernie Ecclestone confirmed that he had approached the city when the tender for the race was opened up.
If an agreement is reached, then it could be a more viable option than the Grand Prix of America in New Jersey, but should the latter also kick into gear and finally go ahead, we may have three races in the United States on the F1 calendar by 2016.
May 24, 2015, 7:12 PM EDT
A good, but not great day, occurs for Indianapolis 500 polesitter Scott Dixon.
May 24, 2015, 6:30 PM EDT
Kimball drives from 14th to third, a career-best in the Indianapolis 500.
May 24, 2015, 5:30 PM EDT
Montoya extends IndyCar points lead after Indianapolis 500.
May 24, 2015, 5:11 PM EDT
Power does what he needs in the Indianapolis 500, but comes up short at the finish.
May 24, 2015, 3:38 PM EDT
Montoya completes comeback and wins Indianapolis 500.
May 24, 2015, 3:30 PM EDT
For the first time since the 2013 Brazilian Grand Prix, Williams fails to score any points as Bottas and Massa struggle to P14 and P15.
May 24, 2015, 3:16 PM EDT
Big wreck in the final 25 laps.
May 24, 2015, 2:30 PM EDT
17-year-old crashes hard in the final stages of the Monaco Grand Prix on Sunday.
May 24, 2015, 2:28 PM EDT
Collision in the pits involves three Dale Coyne Racing cars.
May 24, 2015, 1:59 PM EDT
Castroneves leads at Lap 100, but Indy 500 thus far dominated by Dixon, Kanaan and Pagenaud.
May 24, 2015, 1:30 PM EDT
An error on the pit wall cost Hamilton a near-certain victory in Sunday’s Monaco Grand Prix.
May 24, 2015, 1:00 PM EDT
British driver gutted to lose the Monaco Grand Prix following an error by Mercedes on the pit wall.
May 24, 2015, 12:46 PM EDT
Karam and Daly – two of America’s young hopes – out of Indy 500, while Sato, Briscoe and Tagliani also have issues.
May 24, 2015, 12:30 PM EDT
Force India strikes back in Monaco with Perez finishing seventh.
May 24, 2015, 11:43 AM EDT
After running in third for the majority of the Monaco Grand Prix, Sebastian Vettel managed to move up to second place thanks to Mercedes’ error with Hamilton in the pits.
May 24, 2015, 10:27 AM EDT
Rosberg claims his third consecutive victory in Monaco after Mercedes wrongly pits Lewis Hamilton late on.
May 24, 2015, 9:53 AM EDT
Lewis Hamilton looked poised to win the race in Monaco, only for a mistake by the Mercedes team to hand victory to teammate Nico Rosberg.
May 24, 2015, 9:09 AM EDT
The Andretti Autosport driver has been recognized when he least expects it since drinking the milk last season
May 24, 2015, 8:45 AM EDT
What to watch for in the 99th running of the Indianapolis 500.
- Montoya rallies for second Indianapolis 500 victory 5
- Hamilton: Impossible to express how I feel after Monaco defeat 2
- Rosberg lucks in to third straight Monaco GP win after Mercedes’ mistake costs Hamilton victory 45
- 2015 Indy 500 driver-by-driver one-liners 0
- Bell: “Carb Day is many things to many people; mine was many jobs” 0
- Hamilton storms to first Monaco GP pole position 1
- Vettel fastest for Ferrari in final practice for Monaco GP 0