( 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 . 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 .
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 .