Indianapolis Motor Speedway President Joie Chitwood is confident F1 will return to the hallowed Speedway in the future.
Following this year's United States GP it was announced that the race would not take place in 2008 after Indy bosses and Bernie Ecclestone failed to agree on a new contract.
Ecclestone also cast doubt on the possibility of America returning to the calendar, saying F1's lack of popularity in the States didn't make a race viable.
"America is a continent as big as Europe. In order to have the same impact as in Europe we ought to have eight races over there. To have just one grand prix in the States does not make Formula One popular," the F1 supremo said.
But despite Ecclestone's appraisal, Chitwood believes F1 could make a return in the not-too-distant future.
"I think that Formula One will come back, I really do," he told the Bloomberg news service.
"There's nothing definitive but I think there has been some dialogue. It's coming up with the right plan so everybody can benefit from it."
He added: "We've made a lot of investment in the property. We were disappointed when it went away.
"For us, the goal is to see if we can get them to come back at some point."