More snags for F1’s 2014 New Jersey race

New Jersey luanch fucntion held back in 2011

New Jersey launch function held back in 2011

Formula 1’s scheduled race in New Jersey next year appears to be hitting more hurdles.

The debut race, amid New York’s famed Manhattan skyline, had to be postponed last year, due to organisational and funding delays.

Now, chief marketing officer Trip Wheeler, and chief financial officer Michael Cummings, have left the project.

President Tom Cotter departed last August.

“While we have not yet named replacements, duties have been absorbed by our executive team and we look forward to announcing additional staff as we approach next year’s race,” a spokesman for race organiser Leo Hindery is quoted by nj.com.

“Race progress, including permitting and course construction, continues to move forward and we are on pace for a world class race in 2014,” the organisation added in a statement.

But Christian Sylt, an Formula 1 business expert and confidante of the sport’s chief executive Bernie Ecclestone, is pessimistic.

“I would be absolutely astonished if this happens,” he told the Star-Ledger.

“I have got no evidence that the organisers have obtained funding to host the race and, crucially, there is no evidence whatsoever that they have got a contract with (Ecclestone).”

  • Apex Assassin

    That sucks. Even though I care nothing for New Jersey of all places, I thought the track looked very fast and challenging. And both the second and third sectors would be sooooo fast with the big run up the cliffside… Red Bull may as well just pay for it all. I can’t imagine how much money they reap in from NYC alone, but it’s more than enough.

  • Rich

    Apex Assassin. Perhaps you should get to know a place before you dismiss it. Or maybe your feeble mind isn’t capable of that. And Yalla, there was no race scheduled for last year, it was scheduled for THIS year.

  • Joe Kinnear

    Man, I ‘m really looking forward for this race, don’t tell me it’s gonna get delayed again!