Chris Pook has been explaining the plans for F1 to return to Long Beach, speaking to local businessmen in the city. He says that the race will cost the city nothing and that $9.2 million required to improve the current circuit would be paid by the promoter. The promoter would not charge the city for the race and would even reimburse the city for all expenses and pay it an administrative fee to cover indirect expenses. The city would need to agree to allow a new two-storey building to be built on Shoreline Drive but this would be donated to the city for use for other events. Pook said that F1 would bring more money to Long Beach as 98 percent of the crowd would come from outside Long Beach and that 25 percent from outside the United States.
Pook confirmed that F1 wants to have three races in America by 2016 – the current race in Austin and one on each coast – in addition to the current race in Montreal and a proposed race in Mexico City.