Formula 1: No US
Grand Prix in 2008 for Indianapolis
After year-long negotiations,
an agreement between Formula 1 and Indianapolis Motor Speedways
was not reached.
Motor Speedway chief executive Tony George has failed in his
efforts to reach an agreement with Formula 1 Bernie Ecclestone
over a new contract, effectively taking out the US Grand Prix
from the F1 calendar in 2008.
A new deal was necessary between Formula 1 and the Indianapolis
Motor Speedway, but recent negotiations between Tony George and
Bernie Ecclestone were unsuccessful.
The original timeline of the deal for
the US Grand Prix began in 2000 and ended in 2006, but one year
extension was signed, giving hopes for the future Formula 1
races in the United States. But yesterday Tony George
announced that the parties were unable to hammer out a new
contract for the near term.
A door has been left open for a
potential future date, but for now, the Indianapolis Motor
Speedway will not host any Formula 1 events, which means that
there will be only 17 events in the 2008 Formula 1 calendar.
Published on 07/13/2007