America’s Speed channel has reported on its website SPEED.com that the planned Grand Prix of America to be held at the Port Imperial street circuit in New Jersey is set to be taken off the 2013 Formula 1 world championship calendar.

The channel cites sources that state that F1’s commerical rights holder Bernie Ecclestone will make the announcement shortly.

The race had been scheduled for June 16, 2013 but track organizers have requested more time to complete the necessary permitting process to complete the 3.2 mile course that lies along the Hudson River (see vid).