Oct.25 (GMM) The second US race on the 2013 formula one calendar could be called the American grand prix, it has emerged.

The sport and New Jersey are expected to jointly announce on Tuesday that a street race on the Hudson River, with New York's famous Manhattan skyline in the background, will take place.

The Associated Press cited an unnamed official as revealing that the tentative name for the event is the 'grand prix of America'.

That is because the more familiar United States grand prix title is already assigned to the 2012 event scheduled to take place on a bespoke circuit in Austin, Texas.

"It (the news) is incredible," said West New York mayor Felix Roque, according to the BBC. "This is going to be an economic boom for this whole region."

The US has been absent from the F1 calendar since Lewis Hamilton won the last race at Indianapolis in 2007.

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