Part of complete coverage on
New Jersey, Mexico and South Korea axed from Formula One calendar
December 4, 2013 -- Updated 1843 GMT (0243 HKT)
Red Bull's Sebastian Vettel will be aiming to make it five title victories in a row.
- New Jersey, Mexico and South Korea dropped from 2014 Formula One calendar
- One new race will take place in Sochi, Russia while Austria returns to circuit
- New season starts in Melbourne on March 16
- Abu Dhabi will host final race on November 23
(CNN) -- The 2014 Formula One calendar has been revealed -- and there's no space for New Jersey, Mexico or South Korea.
All three Grands Prix have been axed despite being listed on the provisional calendar in September.
It is the second time that the New Jersey race has been postponed, while Mexico is expected to host its first race since 1992 in two years time.
The new set up will see the return of F1 in Austria for the first time in 12 years, while Russia will welcome the sport's top stars to Sochi in October.
The 2014 season starts in Melbourne, Australia on 16 March and ends in Abu Dhabi on 23 November.
Ferrari's secret: make fewer cars
Celebrations at the Red Bull F1 Factory
Vettel's dominance could bore F1 fans
New Jersey has encountered financial and logistical problems since it was proposed in 2012 but race organizer Leo Hindery is confident it will go ahead.
"Our entire management team and our supporters in New Jersey, New York and throughout the Formula One community obviously want to see the inaugural Grand Prix of America at Port Imperial take place as soon as possible," Hindery said in a statement.
"Bringing a world-class race to the world's largest media market is a huge undertaking that has required balancing construction of our road course, without tapping any public money, with the Sport's own timing demands."
The race is set to run on a 5.15 kilometer temporary street circuit along the Hudson River, with the New York City skyline as the backdrop.
It is an event which F1 supremo Bernie Ecclestone is keen to witness.
"There is great demand for a race in New Jersey and I have no doubt we'll be racing at Port Imperial in 2015," he said in a statement Wednesday.
"New races can take many years to get started, but there is significant momentum and we are close to realizing a New York City F1 race."
The Autodromo Hermanos Rodriguez in Mexico City requires refurbishing before it is ready to host a race in 2015.
South Korea, which has welcomed F1 for the past four years, has struggled financially and has lost out this time around.
Part of complete coverage on
Track the buzz of the 2014 Formula One season, race by race, with all the latest social reaction from motorsport experts.
He's the best of the rest -- Daniel Ricciardo has been Formula One's surprise package in the first half of the 2014 season.
July 24, 2014 -- Updated 1135 GMT (1935 HKT)
Formula One is not likely to go hungry in Hungary as master chefs cater in volume for drivers, teams and VIP guests.
July 3, 2014 -- Updated 1443 GMT (2243 HKT)
It's the elephant in the room of Formula One. What's the prognosis legendary driver Michael Schumacher?
May 23, 2014 -- Updated 2310 GMT (0710 HKT)
It stimulates all five senses, creating an unparalleled experience for drivers and fans alike. Take a tour of Monaco with Mark Webber.
May 22, 2014 -- Updated 1233 GMT (2033 HKT)
To be a champion you must win a title -- but to become an F1 legend you must win races at Monaco, the calendar's most testing circuit.
May 21, 2014 -- Updated 1459 GMT (2259 HKT)
Caterham F1 reserve driver Alexander Rossi takes you on a tour of the Monaco racing circuit.
May 5, 2014 -- Updated 1238 GMT (2038 HKT)
The Formula One driver transcended his sport and even 20 years after his death, Ayrton Senna commands the adoration of fans worldwide.
May 1, 2014 -- Updated 1500 GMT (2300 HKT)
F1's greatest racer was killed during the San Marino Grand Prix on May 1 1994. The sport hasn't been the same since.
April 30, 2014 -- Updated 1516 GMT (2316 HKT)
Just four F1 drivers turned up to Roland Ratzenberger's funeral after his death during qualifying for the San Marino Grand Prix on April 30 1994.
April 25, 2014 -- Updated 1156 GMT (1956 HKT)
For a championship with a distinctly Iberian streak, it is no surprise that South America should be high on MotoGP's list of territories to conquer.
April 18, 2014 -- Updated 1113 GMT (1913 HKT)
Too weak. Can't handle the pressure. Susie Wolff has heard it all -- but she is determined to become the first female F1 driver in 20 years.
Today's five most popular stories