The 81 year-old, speaking to ESPN, added: “We are waiting for different
parts of the contract to be agreed.”

A race spokesman, however, has refused to confirm Ecclestone’s remarks as he
said: “We don’t comment on our contractual relationship with Formula One or
its details.

“We are on track for a June 2013 race, with all course engineering and
construction progressing precisely on schedule, a strong management team in
place, and strong ongoing support from New Jersey, New York City and the
local communities involved.

“We are very confident the 2013 F1 Grand Prix of America will be a great
event.”