There's some news breaking about "the future of grand prix racing in the United States" coming from Autoweek, saying that a special announcement will air on Speed TV this Tuesday.  Much of the speculation about this announcement is rumored to be involving a grand prix race in New Jersey, and expected to be for the 2013 race calendar.

While little else is known about this news, we expect it to attract much attention leading up to Tuesday's press conference, but don't expect any wild speculation on our part.  We don't foresee a project on the same scale that Circuit of the Americas is undertaking.

While I can say that a race across the Hudson River from New York city would be exciting, we'll have to wait and tune in to Speed TV at 2pm Eastern time this coming Tuesday, Oct 25th.

This announcement does not mean or even imply a cancellation of the return of the F1 USGP in Austin; all of our sources confirm that Circuit of the Americas is on track for a November 18, 2012 race.  So lets see what happens on Tuesday and until then, Keep Calm and Race On.