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New Jersey to benefit from the demise of Valencia

New Jersey to benefit from the demise of Valencia

  • Published on 18 Oct 2013 12:15
  • comments 0
  • By: Rob Veenstra
Bernie Ecclestone is reportedly using the demise of Valencia's F1 project to give organisers of next year's provisional New Jersey race a boost. We reported this week that F1 chief executive Ecclestone has agreed to terminate Valencia's contract without financially penalising the Spanish hosts.

It means the Valencian government is avoiding a reported EUR 54 million in break costs. "What we have agreed," said president Alberto Fabra, "is that we will not use any equipment in other circuits." The Spanish sports newspaper Marca has now revealed more details of Ecclestone's termination deal with Valencia. "Everything in formula one has a price," wrote correspondent Paul Juanarena.

He said Ecclestone has negotiated to take possession of Valencia's street circuit equipment, including more than 10 kilometres of fencing and barriers, worth several million euros. The beneficiary, Juanarena explained, would be organisers of the financially-pressed inaugural New Jersey grand prix, whose place on the 2014 calendar is conditional upon "circuit approval". (GMM)
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Date
Grand Prix
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Bahrain
29 - Mar 2
Bahrain
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7 - Mar 9
Saudi Arabia
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22 - Mar 24
Australia
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Japan
Circuit Suzuka
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China
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United States of America
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Italy
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Monaco
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Canada
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Spain
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28 - Jun 30
Austria
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United Kingdom
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19 - Jul 21
Hungary
Hungaroring
26 - Jul 28
Belgium
Spa-Francorchamps
23 - Aug 25
Netherlands
Circuit Zandvoort
30 - Sep 1
Italy
Monza
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Azerbaijan
Baku City Circuit
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Singapore
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United States of America
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Mexico
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Date
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Bahrain Bahrain International Circuit
29 - Mar 2
Bahrain Bahrain International Circuit
7 - Mar 9
Saudi Arabia Jeddah Street Circuit
22 - Mar 24
Australia Albert Park
5 - Apr 7
Japan Circuit Suzuka
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China Shanghai International Circuit
3 - May 5
United States of America Miami International Autodrome
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Italy Autodromo Enzo e Dino Ferrari
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Monaco Monte Carlo
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Canada Gilles Villeneuve
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Spain Circuit de Catalunya
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Hungary Hungaroring
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Netherlands Circuit Zandvoort
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Azerbaijan Baku City Circuit
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