Time running out for new Indy deal

Indianapolis Motor Speedway boss Tony George says time is running out in his efforts to get Formula One to return to his circuit for 2009

George is keen to get a deal for a Grand Prix return next year to tie in with Indy's centennial celebrations, but claims he has less than two months to finalise his plans.

Speaking to this week's Autosport, George said he could not wait until August if he was to have enough time to prepare for the event.

"It's 50/50, that it's safe," said George. "The last conversation I had was probably in February. For planning purposes, we would need to know fairly soon if it's part of our '09 calendar.

"They (F1) don't necessarily need to know now. They can wait until August, September, October to announce their calendar, and that doesn't work for us."

George said he was still working on the race making financial sense, as he chases potential sponsors.

And although title sponsor money goes direct to Formula One Management, it is understood that Indianapolis could benefit from a 'finder fee' for any partner they bring to the table.

"It won't happen until we get some more commercial support - a title sponsor or whatnot," continued George. "There is still a gap to be bridged in the finances for it to make sense."