The USA will play host to two rounds of the F1 season from 2013 onwards after official confirmation of a race on the banks of the Hudson River in New Jersey.

The event, to be know as the Grand Prix of America, will run on a 3.2 mile street circuit running through West New York and Weehawken with Manhattan serving as a backdrop to the race.

"I'm pleased that New Jersey will play host to Formula One beginning 2013, bringing one of the world's most popular and exciting sports right to our backyard," state governor Chris Christie said. "The race will be a 3.2 mile road race, run on existing roads through Port Imperial and at the top of the Palisades in Weehawken and West New York.

"People from the whole world will come to New Jersey to see this unique and exciting course."

The new circuit, which will feature a range of elevation changes, is described as being 'similar to Spa but with the feel of Monaco' and is set to be designed by Herman Tilke.

Unlike the event in Austin, Texas which will join the F1 schedule next year, the Grand Prix of America will not be subsidised by public funds.