The United States Grand Prix at the Indianapolis Motor Speedway will not be on the FIA Formula 1 World Championship schedule in 2008.

After recent meetings, Indianapolis Motor Speedway CEO Tony George and Formula One Management Ltd. CEO Bernie Ecclestone 'mutually agreed' to not schedule Formula 1 racing at the 'Brickyard' next year.

"After several discussions, Bernie Ecclestone and I were unable to agree how to keep Formula 1 in Indianapolis for the near term," George explained. "However, we have agreed to leave the door open for a potential future date. It has been a pleasure having the United States Grand Prix at Indianapolis, and I hope that as we approach our Centennial Era at the Indianapolis Motor Speedway, an opportunity might present itself that would allow its return."

In June this year, at the 2007 event, George and Ecclestone agreed to a mid-July deadline for a decision about future events.

This announcement means that unless an alternative venue is found - or Indy gets a reprieve - there will be no Formula 1 action on American soil in 2008.

The Indianapolis Motor Speedway first hosted a round of the 'modern' FIA Formula 1 World Championship back in 2000. It also hosted the 'famous' six-car farce in 2005, when Michelin had problems with it is tyres due to the banked corner.

In other news, the Indianapolis Motor Speedway looks almost certain to hold an event of the MotoGP World Championship in 2008 - official confirmation is expected next week.



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