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SBD/June 13, 2012/Leagues and Governing Bodies
Lack of Market Stability Leads F1 To Postpone Singapore IPO Sale
Published June 13, 2012
COMING TO AMERICA: Meanwhile F1 Grand Prix of America Exec Chair Leo Hindery said that he expected the F1 organization “to officially designate the race as part of its 2013 international calendar sometime ‘early next month.’" Hindery said “the intention is to follow” the Canadian Grand Prix, which is run every June in Montreal (Newark STAR-LEDGER, 6/12). In New Jersey, John Brennan noted F1 driver Sebastian Vettel “came to the Hudson River waterfront on Monday to try out the 2.3-mile street course,” the site that is scheduled to become part of the Grand Prix auto-racing circuit next June. Vettel gave a “thumbs-up on plans to hold a race on the streets of Weehawken and West New York.” He said that the course “most reminded him of the Belgian Grand Prix’s Circuit de Spa-Francorchamps course.” Vettel: “The bumps give the circuit a bit of soul. And the change of elevation here is something you enjoy. I’m quite surprised by that, and there should be really nice corners, and it will be good fun to drive” (Bergen RECORD, 6/12).