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September 22, 2005 02:00 AM

2006 Formula 1 Grand Prix slated

Tire Business Staff
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    INDIANAPOLIS (Sept. 22, 2005) — The 2006 U.S. Grand Prix—the Formula 1 event in the U.S.—will be held July 2 at the Indianapolis Motor Speedway in Indianapolis.

    The event will mark the seventh consecutive year the Formula 1 event is held there. The 2006 race date is subject to final approval by Formula 1's sanctioning body.

    “We're proud to announce that the United States Grand Prix will help create a great weekend of motorsports on American soil,” said Joie Chitwood, president and chief operating officer of the Indianapolis Motor Speedway.

    This year's Grand Prix in June was mired in controversy after Group Michelin advised its teams not to race because of tire concerns. The tire maker last month began offering refunds for fans who attended the June race.

    Michelin also promised to buy 20,000 tickets to a 2006 Formula 1 event if one is held.

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