The promoter behind a plan to bring a Formula One race to the doorstep of midtown Manhattan — the Grand Prix of America — said Thursday that despite some bumps, the race is “definitely” on.

In his first public comments on the race’s scheduling in months, Leo Hindery Jr., the founder of the YES network and the driving force behind bringing the so-called Grand Prix of America to the banks of the Hudson River in New Jersey, said all necessary agreements are in place with the London-based racing series—not just for the inaugural race, which he said is scheduled for June 2014, but “for the next 15 years.”

N.J. Formula One Race Is ‘Definitely On’—Grand Prix of America, Leo Hindery Jr. | WSJ.com.