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Facebook INDIANAPOLIS  A stormy eight-year relationship between Indianapolis Motor Speedway and Formula One ended Thursday with the announcement the international racing series would not return in 2008. IMS chairman Tony George and F1 boss Bernie Ecclestone could not reach an agreement on a sanctioning fee to continue the U.S. Grand Prix. George had set Thursday as a deadline for a new contract. "Unfortunately, and to my great disappointment, Formula One will not be back next year," George said Thursday at a news conference at IMS. "And beyond that, Bernie Ecclestone and I have had several discussions that led us to this decision and announcement. But we did agree it was prudent to leave the door open to the future." The announcement is a blow to Indianapolis becausea race in Las Vegas but no agreement has been announced. Billionaire developer Steve Wynn, who owns a Las Vegas casino, has been pushing Ecclestone for a race for at least a decade. Las Vegas hosted grand prix events in 1981 and 1982, with each playing to relatively small crowds. The Speedway's 2.6-mile road course won't go unused next year. MotoGP, the motorcycle equivalent of Formula One, is scheduled to visit in September 2008. George set the July 12 deadline in order to have ample time to prepare for 2008. The decision last year for the 2007 race, held June 17, was not made final until Aug. 16, which didn't help ticket sales. A crowd estimated at 100,000 attended the race, won by British rookie Lewis Hamilton. That