/ Motorsport / Formula E could snap up F1′s New York race

Formula E could snap up F1′s New York race

Linked In Share

Mar.29 (GMM/Inautonews.com) The new FIA-sanctioned electric single seater series Formula E could sweep in and snap up a New York street race.

Series organiser Alejandro Agag told Forbes that talks with city authorities are underway.

F1 has been planning a street race amid the Manhattan skyline, but the event has been repeatedly delayed, with the main problem reportedly being money.

“We are working with New York,” Formula E’s Agag told F1 business journalist Christian Sylt, “but we are kind of waiting to see what happens with formula one.”

Formula E’s advantage, according to Sylt, is that while F1 charges promoters a fee of up to $27 million per race, the new electric series is offering its events to cities for free.

“Mr Agag does not ask for a hosting fee,” Sylt said, “but in return requires cities to provide prime positions for the race as well as assistance with the preparations and introductions to local sponsors.”

Agag admitted he is trying to woo the New Jersey F1 race promoter Leo Hindery.

“In New York the hospitality revenues would be huge so Hindery should put the money forward and he would recover it,” he said.

by Mircea Serafim (my Google+) - Saturday, March 29th, 2014 - filed under Motorsport. Image credit: .
Linked In Share
Related Articles


Discuss: Formula E could snap up F1′s New York race

Leave a Reply
















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

2015 Geneva Motor Show: Volkswagen Golf GTD Variant
2015 Geneva Motor Show: Volkswagen Golf GTD VariantVolkswagen has made the public debut of the Golf GTD Variant at the 2015 Geneva Motor Show, after it has been unveiled online in ...
[VIDEO] Range Rover Evoque Cabrio officially announced
[VIDEO] Range Rover Evoque Cabrio officially announcedLand Rover has officially announced its plans to offer the Range Rover Evoque Cabrio for its customers in the near future. The ...
2015 Geneva Motor Show LIVE: Kahn Flying Huntsman 6×6 Concept
2015 Geneva Motor Show LIVE: Kahn Flying Huntsman 6×6 ConceptThe Kahn Flying Huntsman 6x6 Concept has been officially presented to the public, in a premiere, during the 2015 Geneva Motor ...
2015 Geneva Motor Show LIVE: Mercedes-Benz GLE 450 AMG Coupe
2015 Geneva Motor Show LIVE: Mercedes-Benz GLE 450 AMG CoupeThe European premiere of the Mercedes-Benz GLE 450 AMG Coupe has been made recently during the 2015 Geneva Motor Show. After it ...
2015 Geneva Motor Show LIVE: Hyundai Tucson 48V Hybrid
2015 Geneva Motor Show LIVE: Hyundai Tucson 48V HybridThe Hyundai Tucson 48V Hybrid has been officially presented to the public during the 2015 Geneva Motor Show, along with the ...
2015 Geneva Motor Show: Brabus Rocket 900
2015 Geneva Motor Show: Brabus Rocket 900Brabus has worked its magic these days on the Mercedes 65 AMG as the model has been shown in Geneva under the Brabus Rocket 900 ...
2015 Geneva Motor Show: Kia Cee’d GT Line
2015 Geneva Motor Show: Kia Cee’d GT LineKia has officially unveiled the Cee’d GT Line at the 85th edition of the Geneva Motor Show as it will be offered for sale close ...
2015 Geneva Motor Show: Hyundai ix20 facelift
2015 Geneva Motor Show: Hyundai ix20 faceliftThe compact MPV Hyundai ix20 has received a facelifted version during the 2015 Geneva Motor Show. Hyundai is present these days ...
Report – Great Wall to resume flagship H8 sales in China this April
Report – Great Wall to resume flagship H8 sales in China this AprilGreat Wall Motor Co., the country’s largest producer of SUV models has planed to restart deliveries of its top priced sport ...
US: FCA might increase Ferrari’s IPO above planned 10 percent level
US: FCA might increase Ferrari’s IPO above planned 10 percent levelFiat Chrysler Automobiles NV could ultimately sell more than the planned 10 percent stake through an initial public offering this ...
2015 Geneva Motor Show LIVE: Infiniti Q60 Concept
2015 Geneva Motor Show LIVE: Infiniti Q60 ConceptInfiniti has officially pulled the wraps off the Q60 Concept during the 2015 Geneva Motor Show, as the model has recently made ...
2015 Geneva Motor Show: Audi R8 LMS
2015 Geneva Motor Show: Audi R8 LMSAudi has officially pulled the wraps off the all-new R8 LMS at the 2015 Geneva Motor Show, where it currently on display ...
2015 Geneva Motor Show: GTA Spano
2015 Geneva Motor Show: GTA SpanoThe brand new GTA Spano has been officially presented to the public during the 2015th edition of the Geneva Motor ...
2015 Geneva Motor Show LIVE: Seat Leon ST Cupra
2015 Geneva Motor Show LIVE: Seat Leon ST CupraThe Seat Leon ST Cupra has been brought by the Spanish based automaker to the 2015 Geneva Motor Show. Being showcased alongside ...
2015 Geneva Motor Show: Kia Picanto facelift
2015 Geneva Motor Show: Kia Picanto faceliftThe facelifted version of the Kia Picanto has been introduced recently during the 2015 Geneva Motor Show. After pulling the ...
Read more automotive news


2015 Geneva Motor Show Coverage

range rover evoque cabrio 1
Kahn Flying Huntsman Live Geneva 2015 07
Mercedes GLE 450 AMG Coupe Live Geneva 2015 09
Hyundai Tuscon 48V Hybrid Live Geneva 2015 06
Brabus Rocket 900 1
Kia Cee’d GT Line 1
Hyundai ix20 facelift 1
infiniti q60 concept 1
audi r8 lms 1
gta spano 1
SEAT Leon ST Cupra - de fac Live Geneva 2015 09
Kia Picanto facelift 1

More automotive from inautonews
Volkswagen has made the public debut of the Golf GTD Variant at the 2015 Geneva Motor Show, after it has been unveiled online in late January. The brand new Volkswagen Golf GTD Variant has been officially introduced at the 2015 Geneva Motor Show. This is the newest addition to the Golf family and ...
read more
Inautonews Editors Section
Geneva Motor Show 2015 – the full car guide
Geneva Motor Show 2015 – the full car guideIt can only get bigger and better. The 85th International Motor Show in Geneva will finally make its “carsy” debut on the 3rd of March. The show ...
Test Drive: Ford Tourneo Courier 1.0 EcoBoost – Serenity
Test Drive: Ford Tourneo Courier 1.0 EcoBoost – SerenityFord has been battling losses for years in its Ford of Europe business, but judging by the model lineup of the second largest US automaker you would ...
Test Drive: Renault Megane GT Line Energy 1.2 TCe
Test Drive: Renault Megane GT Line Energy 1.2 TCe Besides the Megane GT Line diesel, tested here, Renault is also offering a petrol version of the model which is using the 1.2-liter turbo. But is ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Recall roundup: Dodge Durango and Jeep Grand Cherokee for fuel pump problemsFiat Chrysler Automobiles (FCA) has announced a recall covering the Dodge Durango and Jeep Grand ... Recall roundup: Cadillac ATS and Chevrolet Impala for two separate issuesThe NHTSA has added two recalls from General Motors for the Cadillac ATS and the Chevrolet Impala ...
Safety Section