WEEHAWKEN (WABC) -- Formula One racing could come roaring into New Jersey as soon as 2013.
The mayors of Weehawken and West New York say they're in talks with a group of investors who want to run a race on their existing streets.
They say taxpayers would make money without any expense.
The proposed race would be a second U.S. event.
Formula One has already announced an annual race in Austin, Texas, starting next year.
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