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GP Week : Issue 128
11 F1 NEWS >> For your daily dose of Formula 1 news ... THE 2012 Austin Grand Prix will see Formula One return to the United States for the first time since 2007, but it is generally accepted that while one American Grand Prix is good, two would be infinitely better. Bernie Ecclestone’s dream location is somewhere within easy reach of New York City, preferably with the iconic Manhattan skyline looming over the cars. But Manhattan has no need for a race, and recent proposals in Staten Island and New Jersey have come to naught. Two New Jersey mayors hope to change that. The latest proposal is for a street track near the Hudson River, with the Manhattan skyline as a backdrop, and has been created by the mayors of Weehawken and West New York. Backing the proposal is a group of private investors led by 63-year-old former Le Mans and ALMS racer Leo Hindery Jr. According to a statement issued by Weehawken Mayor Richard Turner and West New York Mayor Felix Roque, “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. 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. If this advances, we will make every effort to ensure that these events will be highly enjoyable for the people of our towns.” The bid has no state funding currently associated with it. More rumours of a new Jersey Grand Prix 63-year-old former Le Mans and ALMS racer Leo Hindery Jr. leads a group of private investors backing the proposal.