The waterfront Grand Prix of America, with the New York skyline as a backdrop, had been
penciled in for June 16 next year with an asterisk against it.
It would have followed a weekend after the Canadian Grand Prix in Montreal as a North
American double-header.
Ecclestone had raised doubts about the Jersey
race in September when he said organizers had not complied with the terms and
conditions of the contract, which he added had subsequently lapsed.
Organizers issued a statement on Friday saying construction issues
included needing additional time for the development of facilities along the
Hudson Riverfront and for finishing the second pits and paddock garage on the
site.
"We are going to be racing at Port Imperial, unfortunately just
not as soon as we hoped and expected," said promoter Leo Hindery, Jr.
"We remain 100 percent committed to the Grand Prix of America
at Port Imperial."
The New Jersey race would have
given the United States a
second round of the championship after this season's inaugural grand prix at
the new Circuit of the Americas
in Austin , Texas
Formula One has not raced in the United States since 2007, when the
U.S. Grand Prix was held at Indianapolis, but teams are eager to return to a
country that is a key market for sponsors and car manufacturers but one that
the sport has found hard to crack over the years.
When the 10-year-deal for New
Jersey was agreed a year ago, state governor Chris
Christie said the three-day race weekend was likely to attract upwards of
100,000 people a day with a significant economic impact.
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