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 INDIANAPOLIS (AP) - Formula One's latest attempt at extending its global popularity to the United States has been put on hold because the U.S. Grand Prix won't be back at the Indianapolis Motor Speedway next year.
Speedway CEO Tony George said Thursday he and F1 boss Bernie Ecclestone agreed not to schedule the event for 2008. The only U.S. race on the F1 schedule had a troubled eight years, including a 2005 fiasco when most drivers didn't start the race. It drew by far the smallest crowds of the speedway's events.
George, who had set Thursday as the deadline for reaching an agreement to extend the contract with F1, said he did not believe a U.S. Grand Prix would be held elsewhere next year, but that such a decision would be up to Ecclestone.
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