F1 Flees America

By: Associated Press
By: Associated Press

INDIANAPOLIS (AP) - The Formula One racing circuit is abandoning
the United States. An F-One spokesman says they've decided the U-S
Grand Prix won't return to the Indianapolis Motor Speedway next
year. The Brickyard has hosted the event for eight years.
The spokesman declined to give other details, saying that
speedway C-E-O Tony George will speak on the subject later today.
George had set today as the deadline for reaching an agreement
to extend the contract with Formula One.
Indianapolis was the only American race on the F-One schedule
and it drew one of the biggest crowds on the circuit. Attendance
figures are not released at Indy, but it's been estimated that
around 125-thousand spectators have been on hand each of the past
six years. The inaugural race in 2000 drew more than 200-thousand
racing fans.

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