F1 Close to Launching N.Y.-Area Race
Aug 5, 2011 | 12:22 AM
#11
FIGJAM
Joined: Jan 2008
Posts: 9,463
Fresh talks emerge for New Jersey Grand Prix
Fresh talks emerge for New Jersey Grand Prix - GPUpdate.net
More discussions have been revealed for an F1 race on the streets of New Jersey. As reported by a selection of American newspapers, the Mayors of Weehawken and West New York have launched discussions with several possible investors, with the idea being to race in the North Hudson communities by as early as 2013.
As confirmed by Mayors Richard Turner of Weehawken and Dr. Felix Roque of West New York, the list of investors is topped by TV head Leo Hindery Jr, with one proposal being to use Boulevard East and River Road in order to provide a backdrop of the waterfront and iconic view of Manhattan.
“We want to make sure this will also be enjoyable for the residents and we have more negotiations to complete,” Mayor Turner explained to The Jersey Journal.
A press release from the Mayors reads as follows:
‘It is already clear that the economic impact on our towns and local businesses from this Formula 1 race could be dramatic, in the order of several hundred million dollars to the region annually.
In these uncertain economic times when every direct and indirect revenue source is vital, our own Formula 1 race could be a very positive boost to our citizens. This said, we need to ensure that the financial benefits from the privilege of having these races in our towns are equitably shared and that no tax dollars are used.’
More discussions have been revealed for an F1 race on the streets of New Jersey. As reported by a selection of American newspapers, the Mayors of Weehawken and West New York have launched discussions with several possible investors, with the idea being to race in the North Hudson communities by as early as 2013.
As confirmed by Mayors Richard Turner of Weehawken and Dr. Felix Roque of West New York, the list of investors is topped by TV head Leo Hindery Jr, with one proposal being to use Boulevard East and River Road in order to provide a backdrop of the waterfront and iconic view of Manhattan.
“We want to make sure this will also be enjoyable for the residents and we have more negotiations to complete,” Mayor Turner explained to The Jersey Journal.
A press release from the Mayors reads as follows:
‘It is already clear that the economic impact on our towns and local businesses from this Formula 1 race could be dramatic, in the order of several hundred million dollars to the region annually.
In these uncertain economic times when every direct and indirect revenue source is vital, our own Formula 1 race could be a very positive boost to our citizens. This said, we need to ensure that the financial benefits from the privilege of having these races in our towns are equitably shared and that no tax dollars are used.’
Aug 5, 2011 | 12:43 AM
#12
I'm closing this thread.
Joined: Jan 2008
Posts: 8,610
From: Atlanta Metro-East
Montreal promoters have had a hard time getting funding in recent years, this could be the downfall. I really hope not.
Aug 5, 2011 | 01:20 AM
#14
Thor Liked My Watch
Joined: Dec 2008
Posts: 4,095
From: New Jersey
Um, this would mean it's about 3 minutes away from my place... just picture the chaos.
You know that if this happens, I will make sure all TS'ers are drunk and disorderly.
You know that if this happens, I will make sure all TS'ers are drunk and disorderly.
Last edited by GLN; Aug 5, 2011 at 01:21 AM.
Aug 5, 2011 | 08:30 AM
#16
Teamspeed Senior Member
Joined: Oct 2010
Posts: 873
From: Minnesota US
I thought Montreal was in jeapordy of not being able to hold the race again. The questions about when the contract would be up and if they would renew it would be a good one. This would probably be a good replacement and would undeniably be an interesting venue.
Remember though, guidos are like gingers... they have no souls, they traded them for more spray tan.
Remember though, guidos are like gingers... they have no souls, they traded them for more spray tan.
Thread
Thread Starter
Forum
Replies
Last Post
mtechnik
Pit-Stop
2
Jan 2, 2012 11:40 PM
BigE
Porsches from the Past | General Porsche News
8
Aug 28, 2009 09:17 AM
Jack628
General BMW | Mini
3
Dec 2, 2008 05:04 AM
Bookmarks
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
