Bernie Ecclestone on Friday confirmed reports the inaugural New York grand prix will not take place in 2013.
The reports said problems with the organisation of the event, scheduled to take place amid the Manhattan skyline mid next year, meant a delay until 2014 was now inevitable.
F1′s chief executive confirmed the news to several media outlets on Friday.
“The event is not going to happen” next year, 81-year-old Ecclestone is quoted by AAP.
“Everything is set up, but it’s now too late to finish on time.”