A healthy dose of scepticism is warranted, because of the record of other F1 Grand Prix in Dallas, Detroit, Las Vegas Phoenix... maybe missed a few. If F1 is to prosper in the US, I believe it will be at a proper permanent racing facility, not a street circuit. Street circuits by their nature emphasize a temporary nature, and this plays into Bernie's bait and switch negotiating tecniques. A US F1 race will take some years to grow into a tradition and this cannot be achieved by moving every few years. Indy was a possibility, not a great layout, but at least a good traditional connection with motorsport. I note that before a wheel turns at Austin, already there is a second proposed F1 race. This will not help the organizers as they lose their unique claim to the only appearence of F1 racing in US. I assume they were aware of this, but they might wonder, how many other groups does has Bernie have waiting in the wings? To me this is the main problem of a US Grand Prix and I don't see a NJ street race as being the solution. I think it would have been wise to see how the Austin race panned out, before announcing a 2nd event.