Formula One will reportedly have two grands prix in America from 2013 with New Jersey hosting a street race.
Formula One last raced in America in 2007 at the Indianapolis Motor Speedway but when the race organisers failed to agree a new deal with Bernie Ecclestone America was left without a race.
The country, though, will return to the F1 calendar when Texas's new Circuit of the Americas hosts the United States GP next season.
However, the following year America looks set to have a second grand prix with reports claiming a race will be run on the streets of New Jersey.
The race is expected to be run in June along the banks of the Hudson River.
According to the Wall Street Journal, a press conference has been scheduled at Port Imperial in Weehawken for next Tuesday to announce the deal.