New Jersey to Host F-1’s Grand Prix of America for 10 Years
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Formula One auto racing will hold the Grand Prix of America in New Jersey in a 10-year deal that may generate as much as $1 billion in economic activity, said Leo Hindery Jr., organizer of the event and managing director at InterMedia Partners LP.
The course in Weehawken and West New York is expected to bring as many as 100,000 people to a three-day event in sight of the Manhattan skyline. Designers laid out a 3.2-mile track using roads at the Port Imperial ferry terminal and along the Hudson River Palisades.