New Jersey GP won't look like this...
Construction may be well under way in Texas for the 'Circuit of the Americas' (check out the promo video at the bottom), but the US's first purpose-built F1 venue might not be the only track to host a GP in the state - if promoters in New Jersey get their way.
According to the Wall Street Journal, The New Jersey towns of Weehawken and West New York are in the "early stages of talks with a group of investors" to bring an F1 street circuit to the shores of the Hudson River - with the iconic Manhattan Skyline as a backdrop.
If approved, the New Jersey event could begin as soon as 2013, but would not see the Austin GP being kicked off the F1 calendar. Instead, it is thought the two events would run concurrently, much as the Watkins Glen and Long Beach Grands Prix ran alongside one another in the 1970s.
But the key to a New Jersey F1 race would be that it would have to pay its own way; the local authorities are clear that no public money would be forthcoming for the race.
"In these uncertain economic times when every direct and indirect revenue source is vital, our own Formula One race could be a very positive boost to our citizens," the mayors of Weehawken and West New York told the WSJ. "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. The investor group has already told us that our towns would be substantially compensated annually."
This isn't the first time a New Jersey GP has been mooted, however; a plan to hold a race in Jersey City was abandoned last year after its proposed venue - Liberty State Park - was deemed unsuitable for the event.
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