Bernie Ecclestone views on Formula 1 in U.S

Bernie Ecclestone, president and CEO of Formula One Management and Formula One Administration says that the sport "will not be big in America because US has been slow to get F1 because they want to see a profit before they start."

Formula 1 race has been scheduled in United States with a race in Texas in 2012 with a second race being planned in New Jersey in the year 2013.

Ecclestone also says that a grand prix has not been held in South Africa since 1993; hence he is in a plan to launch 2013 grand prix in South Africa.

It was announced in October that a second American grand prix would be held in New Jersey for 10 years from 2013.

Bernie Ecclestone, CEO of Formula 1, said that Bahrain had paid the fee to host 2011 grand prix even after their race was cancelled.

Baharain has paid the fee for cancelled GP

Bernie Ecclestone, CEO of Formula 1, said that Bahrain had paid the fee to host 2011 grand prix even after their race was cancelled.

Season-opening grand prix was scheduled at Bahrain but it got cancelled due to some problem even then Bahraini government paid their fees.

"I don't think turnover will be down this year," he told the Independent newspaper.

He also says that "the profit will be more or less the same as 2010."

As for next year's Bahrain GP, which is scheduled for 22^nd April, the 80-year-old is confident the race will go ahead.

Bahrainis are confident that everything is going to be fine and they are right for their sake."