First signs of construction at New York site

With Austin’s 2012 US GP project all but dead, the first signs of construction at F1’s New York round for 2013 have emerged.

The car weblog Jalopnik published a photo by a New Jersey local: "It might just be the paddock/parking garage, located in exceedingly glamorous Weehawken, but it’s a start," the report read.

But after Indianapolis left the calendar and the Texas bid hit the dust, obvious cynicism was evident in the report’s title ’Construction has begun at America’s next failed F1 circuit’.

Indeed, the Texas project has little more than a single day remaining to sort out its contractual dispute with F1 chief executive Bernie Ecclestone.

According to the Associated Press, the 81-year-old "has set a Wednesday deadline" for the organisers "to guarantee (the race’s) long-term financial backing".