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Why are you comparing the continent of Europe with the country of America. The North American continent has half a billion people and the US has a larger population than any single member of Europe. The problem lies more in population density. There simply is too much space out there to support a single race once in a while. It just doesn't register to anyone other than hard core fans when a race is 3000kms away.
F1 will probably fail in the US once again. In the end, Bernie will put GP's wherever he can make money and population, geography and fans be damned.