WEEHAWKEN, WEST NEW YORK, AND BEYOND – Tom Cotter, who has been president of Formula One Grand Prix of America for less than a year, announced Monday he is stepping down in a statement issued by the race’s promoters. He has been one of the driving forces behind the Formula One race set to run through roads in Weehawken and West New York in June 2013.
“Over the last eight months I’ve had the good fortune to lead a group of professionals in bringing Formula One racing to the New Jersey and New York region,” Cotter said in the statement. He said the group has moved the project forward rapidly, “but now, it’s time to return home to North Carolina.”
Cotter plans to attend the race, he added, and his stepping down will not delay the event’s arrival in Hudson County.
The race is one of several major events to happen in this area in the next few years, including the 2014 Super Bowl.