Indianapolis, IN (My Sportsbook) - The United States Grand Prix will not be part of the 2008 Formula One schedule. Indianapolis Motor Speedway CEO Tony George and Formula One Management CEO Bernie Ecclestone could not reach an agreement on a contract extension, ending the circuit's eight-year run at the famous track. "After several discussions, Bernie Ecclestone and I were unable to agree how to keep Formula One in Indianapolis for the near term," said George in a statement Thursday. "However, we have agreed to leave the door open for a potential future date. "It has been a pleasure having the United States Grand Prix at Indianapolis, and I hope that as we approach our Centennial Era at the Indianapolis Motor Speedway, an opportunity might present itself that would allow its return." The U.S. Grand Prix was the only Formula One event in the United States. British rookie Lewis Hamilton won the 2007 event on June 17.
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