Formula 1's plan to hold a Grand Prix in the streets of Miami has "hit the skids" as it emerged that a contract for the race was not finalized by the July 1 deadline given by the City Commission, according to Christian Sylt for FORBES. In May, Miami’s city commissioners voted to negotiate with F1 about hosting an annual race for a decade from next year. Miami Office of Communications Deputy Dir Stephanie Severino said that "as of right now a contract has not been finalized." It is unclear why the contract has "yet to reach the finish line," but the plan for the race has "fueled significant opposition" since it was announced. The authorities initially unveiled a layout for a 2.6-mile track that "would run down the palm-tree-lined Biscayne Boulevard." The track still passes through a "peaceful area" known as Bayfront Park and locals said that it will "breach noise regulations." Last month, a group of 11 residents sent a cease and desist order to Miami’s city hall "demanding that it puts the brakes on negotiations over the race and drops the Ultra Music Festival which is also held in the park." Ominously for F1, a recent article in Autosport quoted Miami Commissioner Joe Carollo saying that not only did he expect residents would sue, but that "they're probably going to win" (FORBES, 7/10).