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Formula One Cars to Race on New Jersey Streets in 2013, WSJ Says

Oct. 22 (Bloomberg) -- Formula One cars are scheduled to race through the streets of New Jersey in 2013, the Wall Street Journal reported, citing two people familiar with the London-based racing circuit’s U.S. plans.

The Formula One Grand Prix of America will cover a course in Weehawken and West New York along the Hudson River in June 2013, the newspaper said. Details will be given Oct. 25 during a press conference at Port Imperial.

The mayors of Weehawken and West New York in August identified an investor group, led by former YES Network executive Leo Hindery Jr., interesting in bringing the race to New Jersey, the Journal said.

The New Jersey race will follow Formula One’s return to the U.S. in November 2012 at a $250 million racetrack in Austin, Texas, the Journal said. The last U.S. race was at the Indianapolis Motor Speedway in 2007.

To contact the reporter on this story: Nancy Kercheval in Washington at nkercheval@bloomberg.net

To contact the editor responsible for this story: Michael Sillup at msillup@bloomberg.net

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